Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Stock for all employees

Seems we’d have more success and better buy in on performance, culture and vision if everyone received even a small amount of stock as part of comp. As a relatively newer employee I wonder why this was never done for all? Being a global enterprise... — read more 

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| 1480 views | | 6 replies (last December 17, 2024)
Post ID: @OP+1w1KCtYC

What’s everyone’s 401k at?

Anonymous board so curious what’s everyone’s 401k looking like 401k amount Years of service Any advice or tips for a newer >5 year employee

No one wants to live in Midland

Another MCBU Midland Leadership is leaving the company. When will they listen to the employees that no one wants to live here. At least relocate the office employees to Lubbock or up the PEP. #G-nsUp

ROCE 4the place

who is in position 1,2,3 and whats their ROCE?

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| 1740 views | | 5 replies (last December 17, 2024)
Post ID: @OP+1w0q3025

Layoffs 2025

Will layoff be based on employee performance?

Chevron feels like a dying animal

At least from the perspective of an employee. I’ve been with Chevron for a long time, went through a lot of cr-p and good times too, and it never felt like this before. I started at the time when there was still a prospect of actually having a career... — read more 

You’re stuck

Look around colleagues. Wherever you are right now, is where you’re going to be in 5 years. Paltry raises. Almost zero chance for promotion. Fewer and fewer roles, and more going overseas. It’s like working at a big box store Just before... — read more 

CBU packages

The word on the street is packages are coming from some folks who were not taken by CNRL. Any details? Why some and not all will get it?

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| 1760 views | | 5 replies (last December 18, 2024)
Post ID: @OP+1vYFlX2T

EOI Fast Track

How can I get on the EOI fast track? I have several offers and would like to take the package and move on?

Realistic Layoff Timeline

Yall im just a new grad and don’t know much, so can someone with more seniority / connections help me understand the axing timeline? I’ve heard Chevron gives 3-6 month heads up if you’re impacted, but can’t help but feel like things will be different... — read more 

Isn’t it kind of weird how we’re laying off now?

During the last two reorgs (Alpha in 2015 and Transformation in 2020) we were losing billions and oil was below $40 bbl. Now crude is in the 70-80 range, the economy is strong, and we are raking in billions with all time high FCF. And this reorg... — read more 

It’s such bullsh-t to call WFH people slackers

If someone didn’t do their job, that’s on managers. I can bet you that the same percentage of people slack in the office and at home. RTO/hybrid has been introduced for one reason only, and that’s attrition. With a need for direct, creepy kind of... — read more 

Hybrid Christmas Parties

Didn't know it was going to be a Hybrid Christmas party. They only had seating for 1/2 the attendees. And what's with the drink tickets to get a Coke? Were so hard up we're limited the soft drinks? Guess they made it up with the Parking Fees.

Number of 3+ exceeds

What is the percentage limit on the number of 3 or 4 exceeds that can be given this year out of the overall population? I heard that there was a limit established this year. Worked really hard this year and have tangible results to show with strong... — read more 

IT Holiday Party....

Did AG have an entire roll of drink tickets that she used up. Calling people out, hollering into the microphone all to get people to dance. Then we have MC LC for five minutes to show up say hi, happy holidays, go home after this and then exited... — read more 

My guesses on culture reset

I think nobody (including leaders) are ready for candid feedback, that needs to change. 2. We have a culture on paper (the CVX Way) and we have our real culture which is where the majority of leaders don't exhibit it and are generally rewarded... — read more 

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| 2430 views | | 3 replies (last December 13, 2024)
Post ID: @OP+1vXucbMg

Angola?

Are we safe in SASBU? So far did not hear anything here.

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| 1760 views | | 6 replies (last December 13, 2024)
Post ID: @OP+1vW3IQz0

California Time Away Benefits Call

Is anyone else listening to the dumpster fire Teams call about California time away benefits? Not only are they not recording the call, which is incredible, given how important and complex this topic is, but the presenter has exhibited a truly... — read more 

Foggy reorg

I’m beginning to think that they still have no clue how to do the reorg. They know how they will cut the costs. Not really a difficult thing to do when you target employees first and look at just how much each one of them cost the company. Merit... — read more 

Waiting for the fallout

I’ve been working non-stop, taking on the tasks of multiple people for over a year. If they let me go, my team would be scrambling, and they’d need at least two people to fill my shoes. Truthfully, I wouldn’t mind if it happened. Watching everything... — read more 

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| 1940 views | | 7 replies (last December 12, 2024)
Post ID: @OP+1vWR950Y

Some gems from previous posts

||||||| "Here comes the choke chains... This is the surest sign LT has no idea how we work. Their whole job is to walk around and watch people type. If they can't see people type, what does LT do?" ||||||| "Forced skill IQ measurement so management... — read more 

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| 1390 views | | no replies yet
Post ID: @OP+1vWXrEkj

it dpt: some thinking about the situation

it mgmt is in urgent need of a deep-deep-deep overhaul. words like incompetent, complacent, and bungling only begin to describe the widespread dysfunction within the department... its sad and depressing... it has become an slo-mo disaster, fueled by... — read more 

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| 1540 views | | 6 replies (last December 13, 2024)
Post ID: @OP+1vWqAQ2u

Hooray for Bollywood

Rumors suggest that there's a chevron inspired remake of the lord of the rings. Apparently they're arguing over the precious representing dividends or managers bonuses. All are aligned on filming in India to save costs.

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| 890 views | | 2 replies (last December 17, 2024)
Post ID: @OP+1vW0a4Hv

Reality for San Ramon folks

Thought exercise. If the reduction target is as high as other post suggested, probably most if not all of the cut would be from San Ramon to save on relocation package.

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| 1960 views | | 6 replies (last December 13, 2024)
Post ID: @OP+1vWKCKdh

Commercial: slash and burn

Anyone have any idea of the cut targets once they combine D/S, M/S and Chems commercial and VCO groups? Axeman may be sharpening his blade right about now.

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| 1350 views | | 3 replies (last December 14, 2024)
Post ID: @OP+1vWkOxy0

OO Townhall

Looks like the 30% number for finance was accurate (for the US). 10% overall including FSS. Sounds like they’re trying to eliminate BU finance and centralize anything that’s not “decision analyst” support. Curious how they define that. Overall a... — read more 

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| 2060 views | | 1 reply (December 12, 2024)
Post ID: @OP+1vWrBL2B

Subsurface Townhall

Missed the subsurface townhall yesterday. What are the highlights?

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| 2530 views | | 7 replies (last December 17, 2024)
Post ID: @OP+1vWA8sRo

PMP Shenanigans

So I personally don’t do much work anymore tbh yet I received 3 Exceeds along with almost everybody i talked to received a few, across various functions and BUs. There is one colleague of mine, however, who I know firsthand went above and beyond, did... — read more 

The company is a disaster right now

High performer here who has been through other layoffs here and I am as down as you get around here. Its absolutely miserable working here and it's ELT's fault for the way this place has become. I don't know a single person who isn't stressed and... — read more 

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| 2040 views | | 6 replies (last December 12, 2024)
Post ID: @OP+1vVijyWr

Structure and CIP guesses?

What are everyone's guesses on structure % increase and CIP with the information we have right now?

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| 2170 views | | 8 replies (last December 12, 2024)
Post ID: @OP+1vVJaOX0

UK expats on the block?

How can we justify having UK expats in Houston during a massive layoff? I get it, the base salary is roughly 70% of US payroll at the same PSG. However, when you add up the other benefits of UK payroll (eg. car allowance, 20+% contribution to... — read more 

Corporate Affairs Future?

Many posts about IT and Finance -- any ideas of how Corporate Affairs will fare in the reorg and layoff game? More centralization? Less focus on legislation with Trump in office? How will Chevron fight changing public opinion?

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| 1400 views | | 4 replies (last December 12, 2024)
Post ID: @OP+1vVvrmAE

Worst CEO and ELT Team?

Is our current ELT team the worst in Chevron history and and in the industry? When layoffs and outsourcing is your only lever to pull we have terrible "leaders".

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| 1410 views | | 2 replies (last December 11, 2024)
Post ID: @OP+1vV39Si1

LC Townhall - this should be good

LC townhall is today, this should be good. Also, I’ve spoken to his proxy, executive advisor LM and that guy cannot shut up, he’s talk first and then talk more and then talk some more and then cut you off, then talk some more. I want to vomit in my... — read more 

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