I'm an employee who will likely be severed in this or next wave of layoffs. I have been working for a few years on a new technology that I intend to patent very soon, but now I'm thinking of holding off on doing so for a few more months. If I get... — read more 

nationalinterest.com.au/files/ITF_Gorgon_final_draft.pdf ....................................I am surprised that very few people in Chevron know of this report. It's a year old and came out after Chevron blamed the cost blow outs to wages. Which are... — read more 

A moment of silence for the high paid middle management hacks who will not make it out of the first ROM this week... I have lit a few virgin mary candles hoping that the surviving middle management hacks get cut in follow-up 2016 reorgs... Time and... — read more 

Any news from IT Function ROM round 1?

I am finding that the IT Function ROM seems to be getting rid of the 50+ people as usual. I better see some 20-40 age people going out the door or it will be class action on Age discrimination. It is time Chevron gets a very large class action... — read more 

Other companies are cutting IT pretty deep. Anyone have any info on what positions are getting cut the most here?

SJVBU layoffs to continue in October, hearing of a 25% cut across the board.

https://m.youtube.com/watch?v=BKorP55Aqvg

A year ago, CVX share 130 --- $30 more than XOM. These are all per share values. It is clear who is outperforming whom handily. Market has spoken without any doubt. Shame on you Chevron management. Wake up!

Apparently the posts to this discussion forum are being read not just by leadersip and the rank in file. University students being recruited and considering careers paths have also been following along. Recruiters better be ready for tough questions... — read more 

In DWEP, Deep Water Expliration Projects, incompetency is above explanation. In its BOP team, they hired bounch of inexperienced engineeers with ZERO BOP experience to go out and manage the rig contractors, there is this team lead with NO experience... — read more 

I would appreciate your perspective.

If you were able to stay with Chevron, but were moved horizontally to a position you didn't necessarily know/want, would you be happy, and would you stay? I'm asking because I was put in this situation, which seemed fairly symptomatic of the issues... — read more 

Chevron gapped up big, up at $74.99, it hit a quick high of $75.00, and then sold off. Chevron tried to hold support at $72.50 to $72.60 but after 3:15 it couldn’t hold. At 3:25 it went negative and ended up closing down $2.10 (-2.9%). A drop of 2.9%... — read more 

Treating your employees like human beings is just bad for business, would you not agree with this statement? They treat you well when you're young so you invest your entire future with the company, retirement stocks, health and life insurance... — read more 

Thoughts?

Chevron still has a lot of additional borrowing capacity before impacting the AA credit rating. A dividend cut means the CEO and CFO lose their jobs so there won't be one until the board decides to not allow additional borrowing. Watson, as Chairman... — read more 

At the company's 2Q15 conference call on 31 July Pat Yarrington stated: "We intend to cover the dividend from free cash flow at whatever the ensuing price"; "That is a firm commitment." Looking at the latest financials that can only be achieved... — read more 

Well the official vote numbers came out 747 out of 751 voted to strike. Our "leadership" came out to tell us not to fret. All is well and we are 90% there. My relief asked this question to the leadership "Did we not make any progress in the last 6... — read more 

Now that CNAEP is done with RAE, any insight if management considers it a success? Will the approach of targeting people based on performance and PMP ranking become the new standard for how people are let go? Or was this a "one and done" exercise?

Just got offered my same job even though I expressed interest to leave. 48 hrs to agree or else they take it you're resigning in which case you won't get severance. Sigh...I guess I get to pretend to work a little longer

An across the board cut soon? How much?

Fukos get back to work or maybe don't do shit and without your active horrible leadership we won't spend $110 bil in 3 years. But in any event stay off this board. I can some it up for you, You suck and your plans are not a secret to the pond scum... — read more 

Things in the energy sector will be getting worse by this fall when many refiners start entering their scheduled maintenance season. This will tend to increase U.S. Crude stockpiles in an already oil glut, pushing the oil of oil downward even more... — read more 

Chevron looses 10.5 Billion a quarter and 42 billion for the year. Son the question is with Chevron's complete implosion would you lend them long term debt? Maybe at 3X the prime?

Will mgmt wait for the spring to perform an additional ROM or increase cuts in the October ROM? What is the % reduction target for the $35 oil case?

Oil prices are tumbling downward again, if this keeps up Chevron will be able to purchase oil cheaper than it is for them to get it out of the ground. What will happen to the field personnel when that happens?