https://fortune.com/2024/05/09/trump-electric-vehicles-oil-gas-climate-chevron-exxon/ Trump allegedly bribes oil execs for $1B offer… Chevron reportedly in attendance.
Shareholders!
Walking by the executive offices I was hearing loud noises mixed in with grunting out Shareholders followed by a huge shareholders yell that sounded like a lot of relief. I really think our management is in love with our shareholders and want us to... — read more
Relocation question
Does anyone know if chevron will let me move myself to another city that’s somewhat close to a hub (for example from houston to Colorado Springs or Denver). My husband’s job is thinking about transferring him to the Colorado office, but minimal... — read more
Ops PDC
Anyone started receiving feedback or verbal offers from the Ops PDC?
Evacuations ordered, homes damaged in Texas as rivers surge to Hurricane Harvey levels
This week’s storms were just the latest in a series of brutal weather events that have pounded the state since early April: Dozens of tornadoes have hit from the Panhandle to the Gulf Coast Some areas of the state have been pounded with... — read more
Any updates on CBU sale and restructuring?
did the data room open finally? who is the buyer?
Mari--ana and dr-g testing
It will be interesting to see if Chevron updates its policies to more in line with other states if Mari--ana is reclassified. It would make it federally legal in Texas under the existing medical mari--ana policies with a prescription. Of course... — read more
Does RM still work here?
I work in HR and almost never hear anything from RM. She never attends town halls or anything. The company is being destroyed and she seems to be absent. I know her husband is ill but no average employee would be able to be gone for months.
Chevron plans to divest 6-8 billion by 2028
CBU is a start, what others are in the queue?
no much work to do in CTC Wells.
was busy last year, but no much to do at all this year - does Chevron have any mega projects coming up?
How to fix chevron
What is 1 or 2 things which if chevron did now or this year could turn around the company trajectory
Slowing attrition
I don't know if it's the cr-ppy job market or something else, but attrition seems to have slowed to a crawl, at least in my area. Which is definitely not good, because if there is no organic attrition, then they're going to force it through layoffs... — read more
Another bad quarter
Our financials are horrible again. ROCE hit a new low, dropping by 50% from 2022. Earnings are down by more than half from 2022. We borrowed $1 billion to pay the dividend, increasing our debt to equity, because we don't have enough... — read more
McKinsey & Company are in PASMS.
Boston Consulting and McKinsey are always looking for productivity increases and cost reduction. Contractors have already been minimized, but CVX headcount could be next. It's not rocket science, just a cyclical business, No packages coming this... — read more
Exxon spent money to make money
67% higher spending in 2019-2023 and better execution means Exxon is widening the gap over chevron https://www.wsj.com/business/energy-oil/exxon-spent-money-to-make-money-66ae8d14#
What's the best boondoggle?
What are some other boondoggles and well intentioned fu-kups. The Agile transformation has got to be up there.
What’s the latest for CTC in Manila and India?
We all know a large group from ITFP and SE Chapter went on an overseas trip. Two stops primarily in Manila and India, for what seems to be early talks for offshoring jobs. Wonder how closely this is tied to the latest skills assessment and... — read more
Luxury Boxes
Chevron Executives all have luxury boxes in San Francisco at the sports stadiums maybe they should get rid of them before the next layoff. With all the budget cuts let's cut the fat before cutting needed workers.
Intel and ExxonMobil working on advanced liquid cooling — laying groundwork for 2000W TDP Xeon chips
Looks like Chevron - CTC bringing up up the rear again. Hoping CVX gets scooped up by Shell or BP; it's clear MW is just hanging on for dear life. Have a nice day.
Anybody in the new “unassigned seating” floors?
Seems the new seating strategy for some floors in Houston and for some in the new San Ramon building is unassigned and first come, first served. Anybody experiencing this yet? What’s it like? The idea sounds awful. I cringe at the idea of sharing... — read more
So how’s it going with the badge tracking?
Has anyone be let go because they haven’t badged in 3 days a week? I heard it’s called getting The ROD
1500 11th floor
If you have been to 1500 in Houston on the 11th floor they have a interactive projector, a barista and much more. How can we afford that when so much of the company is working with a bare bones budget and so many contractors have been laid off? It... — read more
Attrition to the max: 4 external jobs opening in Houston !
Only 4 jobs opening in Houston! 90 worldwide ! Incredibly low !
Former CEOs
They are all around the Bay Area and get free office and comely secretary benefits. Who has kept track of their activities?
Any News on Pending Lay-Offs?
I come to this site periodically to check the waters on any pending layoffs but mostly all I find are long-winded threads on other unrelated topics by people who have secure jobs and apparently nothing to do with their time. Many are complaints about... — read more
SCM announcements
So SF finally retires and we see some good opportunities open up as JG fills in, brings hope to our early career folks. Who to GOM. And so forth?
MW budget cut email?
I hope this email finds you well. As you may already know, we are facing significant budget cuts due to recent market fluctuations and economic downturns. In order to ensure the long-term success of our company, we will need to explore creative... — read more
GOMBU Org... still waiting...
It's been several months and quite a few "fireside chats" and there still is no new, efficient, factory-supporting org released. Anyone have any insight into what's taking so long? Maybe we just want to keep paying consultants?
Hey Mike - What’s Plan B?
Exxon running circles around us. Not only do they prevent us from getting the Hess assets, they tied our hands for any M&A until 2025. Checkmate Mike! Good thing that salary keeps going up. Someone get an OE PowerPoint... — read more
Fluff all around
I used to think I was above the corporate jargon parade. You know, the lofty phrases like 'one team', 'agile mindset', 'leading performance', and so on. It was all a bit of a joke until a restructure rolled around. Suddenly, a new GM and her team... — read more
Houston Modernization
Anyone catch that the groups under the new modernization plan get two days in office and two days at home? Will that work its way to other groups as well? Or will they keep tracking my badge swipes for three days a week? Seems equitable…. Smh... — read more
Makes one feel excellent about ones recent raise
https://www.reuters.com/business/energy/chevron-ceos-pay-rose-12-265-million-2023-2024-04-10/
Leadership Changes coming
When MW says change the leaders or change the leaders, when is he going to do either?
Huge Increase in IRS Rates
Say good bye to those high pensions folks. https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates
Welcome the new CIO
Good Luck. Expect his buddies to start showing up soon. https://www.linkedin.com/in/les-copeland-6b158918/ https://www.thelayoff.com/t/1rImhzUw
Huge Corporate Announcement Today!!
So we change the name from PSCM to SCM and it warrants a corporate announcement - “What’s in a Name Change”? This is one more indicator of why/how our company’s focus and priorities are WRONG and why our competitive position follows……the last 5-6... — read more
We are a top 10 producer!
Chevron was named 8th in the world in terms of CO2 emissions in a recent study. We are even dirtier than PetroChina, amazingly.
High value opportunities
I was just removed from my team, and they placed me to a group that "services" executives. As a middle aged man, I'm looking forward to this opportunity. G--4Pay
Looking for Affordable IT Staff
I'm a sub chapter head in IT and the budget is just so very tight now days. Can barely afford the staff we have. I feel like IT doesn't have a dime to its name. Is there a cheap place I can find workers. I waited in the Beat Buy parking lot to see if... — read more