How many extra billions do you have to spend to get your work done? How many times do you have to strike because you don't have enough ice cream flavours in the kitchen? How many extra flights back home do you need for pet bereavement? The rest of us... — read more
Getting a job during your 2month pay
Are you prohibited from getting a job during your 2 months of additional pay. If you obtain a job during your 2 months of pay will you still get your severance.
GOM ROM
When is the posting of jobs suppose to begin for the GOM? How many jobs does a person have to post for, if your job is not on the Organizational chart? When is the ROM suppose to be complete and the 1st 350 exit?? Approximately when is the last day... — read more
Hiring of New Chevron Engineering Interns
Do you guys know if this is still going on? Has it stopped?
Chevron Australia Layoffs
When can we expect cuts to begin? What do you think, how many people will be laid off?
What About the Top Layer?
Can someone help me understand this situation. The leaders of the company are paid big bucks (millions) as they are supposed to foresee situations and move the big ship. They make the big decisions on what business we need to be in etc. But when... — read more
GOM verdict is in
All Shelf assets will be sold. 350 employees terminated in 2016 (represents about 20% of employees as of end of 2015). More terminated when remainder of Shelf is sold. Likely to eventually merge with DWEP when the "time is right."
Other then dignity, is there a difference between an early retirement package and a severence package?
Is one package more favorable then the other? Are there work restrictions or an age requirement with a retirement package?
Layoffs in the new year?
What sort of layoffs to expect in the new year? 6000, and that is 10% of the work force, is not a small number.
Anyone else hoping for US involvement in another war?
Screw what's best for the economy, or for the average person in general...is anyone else out there secretly holding out hope that another terrorist attack or 3rd world dictator will send the price of oil skyrocketing again? Sure there will be some... — read more
It might be your head in the basket
It's interesting and enlightening reading the blue badge woes on here. Some of the posters think crossing that gulf of the green to the blue line somehow affords them immunity from practical economic realities. Welcome to the real world! Those of us... — read more
Thank you to all posters for their contributions
Thank you everyone for your contributions on these boards. The name calling, backstabbing, people reveling in others losing their jobs - its all been a great example of the Chevron Way. The pettiness and immaturity demonstrated on this board has... — read more
CIP ???
will there be any CIP this year ?
How many were let go in 2014-2015 excluding those in scope for Project Alpha?
Trying to figure out what's left from the 6000-7000 (minus the 1500 from Alpha, minus X, Y, Z from 2015 CNAEP RAE and 2014-2015 CUE, AMBU, CBU ROMs)
CVX burning the most cash
CVX is second on the list: http://finance.yahoo.com/news/the-25-american-companies-burning-the-most-cash-165846088.html
O&G Price Recovery... 19 million barrel excess supply
http://www.zerohedge.com/news/2015-11-11/biggest-threat-oil-prices-2-mile-long-stretch-iraq-oil-tankers-headed-us As Iraq - the fastest-growing member of OPEC - has unleashed a two-mile long, 3 million metric ton barrage of 19 million barrel excess... — read more
Post Recovery Scenario
The anxiety, from ALL employees, is palpable. A lot of people are in fear of losing their jobs and morale and efficiency are affected. To be honest, some needed to go - they were burnt out and otherwise unproductive. It's a shame though how many... — read more
Oil Scam
More than forty Oil Executives and Drivers Were Just Arrested for a Multimillion-Dollar Scam: "Prosecutors said the trucks were equipped with "diverter valves" that gave fake readouts of how much oil each customer was being delivered"... — read more
Only Paranoid Survive
We can lay off 70% of our existing staff and still stay in business + pay dividend
Noble in a meltdown mode today
https://www.thelayoff.com/noble-energy
Oil to stay under $80 until 2020
www.businessinsider.com/iea-fatih-birol-oil-prices-and-demand-low-until-2020-while-supply-remains-high-2015-11
Oil and Gas Layoffs 2016
Let's see what's ahead of us in 2016, and how many cuts we'll have. Anyhow, 200,000 were laid off in 2015 (by October) - I think most of you will agree that 2015 was a horrible year and that 2016 should be at least a little bit better (everything is... — read more
Why is Chevron such a fun place to work?
Share your stories with us please...
More buybacks, less capex in 2016
Not good, it's all over news this morning. We know this, right...
Game over for Fidelity Exploration & Production Co.
Fidelity Exploration & Production Co. (based in Denver) is exiting the exploration and production (E&P) business and eliminating 106 jobs. Game over.
1,000 Layoffs of Saudi Staff (Kuwait Oil Spat)
OK - check this out - it just got published by WSJ - I am pretty sure this is reliable (link below): Chevron Corp. is planning to lay off up to 1,000 employees working in the neutral zone between Saudi Arabia and Kuwait, as a dispute between those... — read more
Lack of accountability leads to lack of results
If we compare to Exxon, where managers (and employees) are promptly replaced when results do not match requirements, Chevron managers always get the benefit of the doubt to save everyone any embarrassment. Management looks around and see their... — read more
How do Roy and Scott sleep at night? Why are they still here?
Gorgon was touted as the showcase project for Chevron to demonstrate superior project management skills and rebuke analyst complaints that we didn't deliver what we promised. The head of PRC was redirected to run ABU, and the PM of the over-budget... — read more
Article a kick in the balls for PRC?
http://www.bloomberg.com/news/articles/2015-11-05/at-27-billion-mining-in-space-could-cost-less-than-a-gas-plant
I declare this downturn in O&G to be over
Overall, oil prices are responsible for 101,383 job cuts so far in 2015. A number of companies, including Chevron Corp. (NYSE: CVX), Halliburton Co. (NYSE: HAL), Baker Hughes Inc. (NYSE: BHI), and Schlumberger Ltd. (NYSE: SLB), have experienced... — read more
Going, Going, Gone!
GOM Shelf Properties a done deal, dotted line signed etc etc yada yada, the domino has fallen.