Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Have surgery while employed, or wait until after ESP

I have had a surgery scheduled for mid-April, and it has been scheduled for almost 6 months. The recuperation time is expected to be 3-6 months, and I do not know if I should postpone it until after the ESP results are in and I either have a job, or... — read more 

We are not deadwood!!

I would just like to tell the people who are involved in ESP that you are not deadwood, as some sick individuals on this site say. We are in the midst of an oil price crisis and cuts need to be made. This is not our fault, and those who seek to... — read more 

Price in the 30s will prevail at least 5 more years. Chevron has bet the entire operation on the hope that things turn much sooner.

Chevron cannot outlast this storm paying the dividend. Even not paying the dividend, we are vulnerable. Nthe Moody's downgrade is only a sign of things to come. When we are unable to divest assets, the pressure inreases. The divestmest goal of... — read more 

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| 3640 views | | 13 replies (last February 29, 2016)
Post ID: @OP+G8dAmIR

GOM SUPPLY CHAIN

Supply Chain should continue to outsource all of its procurement to Manila. Send all of the "Entitled One's", packing and see if any can find a job elsewhere!!

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| 2320 views | | 8 replies (last March 1, 2016)
Post ID: @OP+G8U2Ccq

What the hell is up with the cubicle hats?

I've noticed a few on the tops of cubicles in 1600 & 1500. Yeah, I know an individual may have an extream sensitivity to crappy fluorescent lighting, but have you stopped to considered how it looks to have one of those on top of your cube. As far as... — read more 

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| 3500 views | | 23 replies (last February 29, 2016)
Post ID: @OP+G8ag5hy

Moody's downgrades CVX'S credit rating to an Aa1

Yarington and Watson in 4th QT earnings call tried their best to convince investors that they shouldon't not be downgraded. Strong balanve sheet they yelled from the roof tops. But it was not heard by Moody's. Exxon is still at a AAA but negative... — read more 

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| 1650 views | | 2 replies (last February 27, 2016)
Post ID: @OP+G87HezM

Did anyone get a merit raise?

Just wondering if anyone got a merit raise. I haven't had my meeting yet, but so far I haven't heard of anyone else getting a raise. Of course, a 0% raise sure beats unemployment.

Anybody Else Net a Pay Decrease?

Since the Petrotech supplement went from 8% to 5% I'll make less money in 2016 than 2015. Did this happen to anybody else? I guess that guy asking why we don't trim salaries across the board kind of got his wish.

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| 2480 views | | 11 replies (last February 28, 2016)
Post ID: @OP+G7HbMIl

Negotiating severance terms

I would assume that the terms are standard and non-negotiable for the Chevron severance...but I thought I'd go ahead and ask. Did anyone try to negotiate some different terms? For health care, or end date, or anything?

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| 2580 views | | 11 replies (last February 27, 2016)
Post ID: @OP+G7XLLEj

more important things than money

just getting out of 4 heart bypass 2 days ago,i woke up and smelled the coffee at 63,theres no reason to work yourself to death over 401 s and big pensions.my problem was hereditary.but now I realize lifes not about fancy cars and big houses,love and... — read more 

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| 2930 views | | 15 replies (last February 26, 2016)
Post ID: @OP+G7NvtEe

Steve Thurston

You need to get involved with what is going in DWEP before we make the news papers. Financial stewardship is important but not at the risk of a fatality or environmental spill. The leadership changes are not good.

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| 4380 views | | 14 replies (last February 25, 2016)
Post ID: @OP+G6HpdeA

Another Price Storm Coming

Intelligent electric cars are coming, and they could wreck oil markets within a decade http://bloom.bg/1KJuZuT

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| 1220 views | | 6 replies (last February 29, 2016)
Post ID: @OP+G6s3UKt

Can you roll severance into 401(k)?

A question to those who have already received a severance. Did you have the option of taking the severance in a lump, or having it put in your 401(k)? If so, was the tax deferred? Were you given the option of rolling your annuity into the 401(k) as... — read more 

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| 2890 views | | 10 replies (last February 25, 2016)
Post ID: @OP+G6hTY8U

kill the pmp process

kill the pmp process... Its a waste of time.. And it only serves to perpetuate the useless middle management layer that is sucking the company dry.. 230k for an IT project manager... Give me a break!

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| 4504 views | | 23 replies (last February 28, 2016)
Post ID: @OP+G6A1v9Y

EOI Question

It is my intent to Express an Interest to be left standing to receive a Severance package. (EOI) How much weight does expressing an interest carry with the ESP when your management wants to keep you. They used up there 40% of closed positions on... — read more 

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| 1950 views | | 2 replies (last February 23, 2016)
Post ID: @OP+G5EjPiE

Watson's personal comment on this ESP

Not sure if Chevronites listen to Watson or not but the following quote from 3 weeks ago is pretty telling. ● Number two, I think the benefits that we're taking on in some of our organizations and some of our structures, I think a lot of that will be... — read more 

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| 2790 views | | 5 replies (last February 26, 2016)
Post ID: @OP+G5ofH7l

Finance MBA Development Program

Will be joining as a summer intern in the Finance MBA Development Program. How are the corporate finance staff viewed in this environment? How is the Finance rotation program affected by the restructuring?

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| 2250 views | | 7 replies (last February 24, 2016)
Post ID: @OP+G5AH2QX

CIP and no PMP ranking due to layoff.

Anyone know how you will be ranked for CIP if you were laid off in 2016? HR briefly stated no ranking if you were laid off. Does this mean we can expect our full CIP bonus, prorated for the months we worked?

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| 1862 views | | 2 replies (last February 23, 2016)
Post ID: @OP+G4CvVmF

Secret ESP for PG 29 and above.

This is real, just not public. The ESP is said to be 28 PG and below. There is a parallel ROM for PG 29 and above which looks to be as brutal. You will see some managers resign rather than get fired. Watch how it unfolds. And Chevrons leadership... — read more 

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| 6410 views | | 29 replies (last February 24, 2016)
Post ID: @OP+G3EVTWK

Reserves?

Does Chevron still have any booked reserves that are still economical? How often do we have to fess up and make a downward correction? Is that a ticking time bomb that shareholders dont fully appreciate? When exploration is shut down doesnt that... — read more 

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| 1780 views | | 6 replies (last February 22, 2016)
Post ID: @OP+G3W7eYL

Lookbacks and Yogi Berra

It was a long time coming - and the first lady took a hit for Gorgon - with Melody Meyer leaving CVX to pursue other opportunities!. Finally it is time to send expatriate executives packing home with the rest of us who got repatriated last year, for... — read more 

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| 2200 views | | 3 replies (last February 21, 2016)
Post ID: @OP+G33hotp

My husband is in scope.

My husband is a US expat in another country whose must leave time was cut short by 6 mo. He is in scope. What happens next. I am confused. He can apply for up to 4 positions if he chooses .....? Around March 10th? When will this take place? When will... — read more 

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| 3360 views | | 14 replies (last February 25, 2016)
Post ID: @OP+G3Yrhay

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