Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Pension Check

I just got a hard copy check for my July monthly pension even though I filled out paperwork to have it direct deposited. I notice only state and federal taxes are deducted, not Medicare. I thought Medicare would be deducted. Anyone else take the... — read more 

Tomorrow's earnings will be telling

If there is clear evidence of continued deterioration of financial health, count on the unfortunate consequences i.e. Continued loss of jobs in 4th quarter and next year. I do hope things improve.

Mcbu ramping up?

The word out there is that mcbu is ramping up, but also heard the cuts there were significant. Re-hire opportunities?

Chevron in deep sh--

Low oil prices foolosh decisions to invest in 2 white elephants Gorgon and Wheatstone has led Chevron into an abyss. No light at the end of tunnel

Better check on your Cobra insurance.

My last day on the payroll was June 13th. I finally got my ADP paperwork on July 8, 2016 and mailed it back July 11th. As of this past Thursday the 21st, ADP still said they did not have my paperwork or check. Finally yesterday, July 25th they... — read more 

100 Large Energy Companies

Not sure if this helps with job searches, but here it goes anyway: ABB, Acergy, Aker Solutions, Anadarko, Apache, Atwood Oceanics, BakerHughes, Basic Energy Services Bechtel, BP, BPHBilliton, Burns and McDowel, Cabot Oil, Cameron, CanRig Drilling... — read more 

Laid off yet?

Chevron continues to lay off employees but not in mass that way they can avoid the mandatory notices and keep culling the herd.

BEN, AEN decimated

A close friend of mine who is the in the membership committee of BEN told me that the whole BEN is decimated because of the layoff. He expect the same to AEN and BOOMER. Might as well shut down all the network.

ABU

Are there going to be more layoffs in ABU this year or is it finished for 2016?

Chevron need to update

Chevron is 20 years behind in its managment style .Processes and procedures from thd oil patch in 1978. You cannot keep laying people off if we as a company cannot change. All the human energy clap trap keeps going but no real change. We keep failing... — read more 

Chevron's Engineering Capability

How will Chevron maintain its engineering capabilities if the Company has large numbers of experienced people retiring and others being laid off? Cash flow for the company is strongly dependent on facility reliability, but it seems that the current... — read more 

Retiree Supplemental life insurance

Apparently I can maintain my supplemental life insurance as a retiree. In my case this is about a grand a year premium with a 700,000 payout. I don't see any term limits. So my wife or kids are guaranteed a big payout with moderately small premiums... — read more 

Beginning of a spike in Interest Rates ?

The yield on the 10 year treasury has increased fro 1.3 to 1.5 in just 2 days, is this the beginning of a sharp increase in rates, if so maybe it is time to cash in your lump sum... Or it could be another head fake , who knows ...

Nigel Heard meeting BCG?

Hear the new MD of the ABU is currently meeting with BCG, presumably with a view to having them wave their wand over the ABU. Anyone's guess what that means in terms of who and when anyone will be affected.

More LNG delays?

Why is Asia Excellence delayed on loading vs original schedule announced 2 weeks ago? Asia Excellence still off sitting of Barrow Island. More missed commitments. LNG Buyers not happy. Why were cargo tenders at Angola LNG delayed? More missed... — read more 

Oil prices

Seems like may be heading for another post-july fourth downturn like last year.

Happy Birthday America!

Even though Chevron laid me off a few months ago, I still get excited and feel special on the 4th of July. I hope you do also.

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| 842 views | | 2 replies (last July 5, 2016)
Post ID: @OP+IenT6Av

4th of July Observations

First of all, I want to wish everyone here a wonderful 4th of July Independence day! I drove from Westheimer at Dairy Ashford to downtown Houston. I then drove all the way down Louisiana, turned around, and dove back down Smith street. I saw a total... — read more 

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| 2330 views | | 11 replies (last July 6, 2016)
Post ID: @OP+IdgSk4w

Another MCP

Chevron is prepared to spend $40 billion dollars to develop the Tengiz oil field in Kazakhstan, the most expensive oil industry project in the world for 2016. You can read the story on Fuel Fix. I hope they don't use Gorgon as a model. I have already... — read more 

It's finally over

My last day in the office was Thursday ,I want to say that having this site available during the entire ESP process has been a big help. Just having a place where I could vent or rant a little helped me get thru the process. Many of my questions were... — read more 

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