Looks like our replacements are being hired in India. Who will train them? Not me Some tips I will follow - Question value of doing this venture at all town halls , escalate any small failure to your management. Amplify their failures, take credit... — read more
Houston is a s***hole
Terrible crime rate, mosquitos, heat/humidity, choice between terrible schools and no zoning or 70 minute commutes, bugs everywhere, flat, ugly, no natural beauty, f***ing mosquitos, ridiculously high property taxes, no public transit and terrible... — read more
We have a Succession Problem
Succession planning is the most important part of MW’s job. Our bench is weak and not obviously improving. Who are going to be the next in command when the opco leaders retire? They’re long in the tooth and the options are not great.
Bow down to your PDR
I am shocked to see the ABU PE PDR continues to undermine employees and cultivate a fear of retaliation against those who don't bow to him. He should prioritize listening over speaking when engaging with others. His poor leadership is very... — read more
Travel freeze
Planned to attend conference that required travel & was told no travel allowed. My coworker got to go to an event earlier in the year. Is there an actual travel freeze or is my boss BSIng me?
Would you rather…..
Stay here at Chevron or head over to Exxon?
….the reason why….
From Transformation until ENGINE, you hear the ELT figureheads espouse that we are doing this reorg, this change, this initiative, etc all because we have “benchmarked” and looked at the competition and it makes sense that we too should do it. And... — read more
Chevron Mgmt
You will fail in Engine. You need to bring someone who can rule with an iron fist. That’s not in your leadership. I know who can - you know who I am, reach out and let’s settle the amount you are willing to pay to get this done. Otherwise it’s yet... — read more
Can we finally agree Agile failed?
With lagging performance and the creation of ENGINE - isn’t this all implicitly (or explicitly) mean agile failed and we can move on? Stop this performative nonsense and focus on work? Btw - as I see this as a core problem of chevron. These project... — read more
TODAY Yahoo: Chevron vice chair discusses oil demand, Hess, portfolio
Mark Nelson: "There's a growth trajectory with or without the Hess transaction, but we believe the Hess transaction is good for both shareholders." Translation: Wirth blew the HESS deal, that's why I'm having to make excuses to you now. YTD... — read more
Nigel
Do you think he was pushed or found something better?
How do they expect anything to be done properly with a hiring freeze?
Some teams are bare bones already. And more cuts are coming.
Citi reiterates $60 oil price
Slowing economy, slowing demand. https://oilprice.com/Latest-Energy-News/World-News/Citi-Reiterates-60-Oil-Price-Forecast-Amid-Bearish-Trend.html
Layoffs shouldn’t be this frequent
I think we need to be asking what decisions in the last 5 years have brought us to this point, where did we go wrong with those decisions, and who should be held accountable. The rank and file are responsible for executing the vision of upper... — read more
Hiring freeze
Learned today that there is a hiring freeze in place, with open roles not being backfilled…
Are there any good examples of work done in India more effectively?
Yes, it's cheaper, you can hire more people, but more people is not really needed unless you are doing something that has a bunch of repetitive stuff. Indian Consulting companies are truly hopeless, if you have worked with them you know this... — read more
So when do we expect cuts in earnest?
If a new org is to be completed by April 2025, I would expect some major turmoil this fall. Anybody have an idea? Or they’ll just go the route of a thousand small cuts?
What is happening at CVX?
Year to Date CVX is down 5.9% and close to it's 52 week low at $139. while XOM is up 15% YTD and regional independent upstream FANG is up 30%+. Being former employee and stuck in good size position of CVX stock, give me your pros and cons to stick... — read more
What would you have Chevron Do?
I am curious what those on the board are proposing Chevron do instead of layoffs and offshoring. Simple fact is: Chevon is viewed as the high-cost operator (often worst quartile) in most domestic basins and many international basins. This is... — read more
Chevron Knows How To Censor
When things get real, Chevron shuts it down. The prior post from the 15 year employee had everyone agreeing with the bad state of things and bam, Chevron shut it down. Big Oil knows how to silence the truth.
Reorg, cuts and layoffs will lead nowhere
Because there is no plan. Everything will be business as usual, without a thought beyond cutting costs. Good things and quality cost more, so they’ll also manage to get rid of everyone and everything that’s actually critical for the company. I really... — read more
Labor Day Message
Employees, Enjoy your day off you lazy employees! We need our dividend to grow so once you are back I'll be looking to layoff and outsource anyone I can. If I can outsource field workers I will but haven't figured that one out yet. I want it to be a... — read more
The Player or the Coach?
When your favourite football team isn't meeting expectations and not in the top 8, the club hires a new coach and the players remain and next season you have a performing team. We will let go the figurative "players" and the same "coach" will be in... — read more
Bonuses
What do you think bonuses are going to be like? Will they do the cuts before or after the bonuses?
I don’t think that word means what you think it means
Leadership keeps telling us to be resilient and giving us self-care tips. That is about as helpful as when a gigantic bully grabs your arm and repeatedly slaps you in the face with your own hand saying “Stop hitting yourself.” Anyone who has been had... — read more
Consulting Company
Is it true the consulting company suggested the way to turn things around is getting a CEO who knows that there are ways to grow the business beyond layoffs and cuts? Our current CEO that's all he knows how to do.
Performance based layoffs
I can get behind those. But is that what we're about to get? Or will the management use this as an opportunity to get rid of high performers who are highly paid (well paid for a good reason, of course)? I'd like to believe it'll be the former, but... — read more
I'm almost hoping to be laid off
I could use a few months off before restarting the grind, I ain't gonna lie.
Any news on CBU Sale and Layoffs?
Any update on CBU?
Try to leave worrying behind for the weekend
I know it's easier said than done, but we've got weeks of anticipation and stressing ahead of us. If you don't try to leave it behind so you can fully recharge your batteries - especially the mental ones - this is going to be a very long month for... — read more
Shell laying off hundreds in low carbon and exploration
20% staff reductions planned, mostly in Houston. The market will be saturated with out of work Cloggies.
The new green deal
I know folks have been predicting peak oil for 50 plus years, but when the Permian basin starts rapid decline in 5-10 years and many other legacy areas continue to decline, I do not see any potential that new production elsewhere that can keep up... — read more
Do Better
Einstein said, "We cannot solve our problems with the same thinking we used when we created them". The move to ENGINE was all but inevitable. It is the direct consequence of our gross organizational incompetence, arrogance, and culture. I want to... — read more
Best Comment Ever on this Website
In today's whirlwind of corporate buzzwords, layoffs and offshoring are the ultimate power moves for any company looking to "optimize" its workforce. By "right-sizing" (a.k.a. downsizing) our team and "leveraging global talent" (a.k.a. outsourcing to... — read more
ABU
What is the most useless function in ABU? My votes goes to SCM.
Titan drillship pap story
The nonsense CVX news article about AJR is a joke. He is just about the least respected person in the Wells dept and should have been pushed out ages ago. A truly incompetent engineer. I'm surprised he can figure out how to change the leaking oil... — read more
Getting ready to be sold?
With all of the latest moves does it seem like MW is just packaging us up for sale?
Townhalls from he-l...
Does anyone remember the Townhall where the "special guest" was from Microsoft and it had zero relevance to what was happening with the Company? At that time, I could not for the life of me understand why or what the purpose of that townhall was... — read more