Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Cyprus plan rejected

I have never heard of a field development plan being flat out rejected. Someone REALLY dropped the ball on this one. This can't happen when there is proper communication along the way with the regulator. "Cyprus rejected Chevron Corp’s plan to... — read more 

Chevron issues mass layoff notice for Colorado

Denver Business Journal: "Chevron merger deal rewarded departing PDC Energy execs with more than $100 million"..."Chevron issues mass layoff notice for Colorado workers following PDC Energy merger"... Same old same old, but will the reorg propagate... — read more 

Diversity and inclusion

Why do I find folks with the most marginal technical skills become the biggest champions for diversity and inclusion. I am happy to work with folks from a wide range of ethnicities, orientations and backgrounds, I understand some need special... — read more 

Easy head reduction

Take an example from Amazon, a successfull tech company, of the type so admired by MW. Ban the use of PowerPoint....we have so many professional PowerPoint engineers, such a ban would not only lead to more defined decisions but a major head reduction... — read more 

Chevron is is free falling

The only Major in Oil and Gas with Negative YTD return on investment at 80$ oil CVX -13.63 (-7.83%)year to date XOM +2.20 (2.07%)year to date Total +1.24 (2.02%)year to date Shell +5.44 (9.72%)year to date BP +2.26 (6.59%)year to date Saudi Aramco... — read more 

HQ Move

Has SR completed its move within Bishop Ranch?

Feeling the cuts?

What are you all seeing with the budget cuts going on? I've seen contractors being let go and full time employees taking on the work. I've also noticed less cleaning in the buildings when I've been in office (I'm there several times a week). Trash... — read more 

Products Townhall

AW and CC denied that we’ve ever had layoffs during the tow hall today. AW had to backtrack at the end, it was great comedy. Layoffs are always around the corner.

PDC COC

Anyone heard what the package for PDC employees will be? Also will they offer it to legacy employees?

WSJ - Nobody wants jobs in our industry anymore

Long article in the WSJ today shows petroleum engineering student enrollment has fallen 75% despite high prices and stratospheric starting salaries. Young people do not like filthy industries destroying the planet and/or do not see a future there. ... — read more 

Novorossoiysk Bombings may cripple Chevron cash flow.

Chevron relies heavily on the Tengiz cash cow. Most of TengizChevroil oil is ether shipped by pipeline or rail to the Novorossiysk port to be exported. If bombings close the port, Chevron maybe in dire straits.

CNE top heavy?

For an organization that makes no money the number of GM’s (all grade 28 I assume). Is astounding. For all of MW penny pinching he has been very generous here. I wonder what grade 26+ count in upstream is v/s CNE.

Constant Budget Cuts

What is going on with all the budget cuts we are having? Transform to Win was supposed to be the painful cut and layoff that would make is lean where we didn't have to have more painful cuts later. We have delivered a lot of value to the shareholders... — read more 

Constant Budget Cuts

What is going on with all the tight budgets and cuts going on? Transform to Win was promised to be the painful layoff and cuts to set us up for years of success and make us lean an efficient. Then even more cuts are going on now. Is there any other... — read more 

Chevron Managers

What’s the biggest lie or “untruth” you’ve heard a manager spew?

Layoffs are a fact of life

Chevron has fewer layoffs than most other O&G companies. Yes, they're not ideal but don't make the company out to be this huge villain just because it's doing what's best for the bottom line in the long run. Please, show me one major company that's... — read more 

Production down again

Friday's telecon focused on our terrible production. Results are "at the low end of guidance". MW had his list of excuses lined up, but forecasts normally have a range of positive and negative impacts which even out. One does not forecast high or... — read more 

If CTC or EMC disappeared…

Would anyone notice? Would there be any downside? Both functions are useless at this point, and bring more friction than benefit.

Too much disruptive change

To me it seems like there is far too much large scale change going on thats disrupting our work. I get it things change but we have been having constant major changes since 2020. The employees need a break and some time to not have to worry about rhe... — read more 

IT to Strategy and APPS to OPG?

Any opinions on the rationale for tearing apart the CTC already? The email from EB that we need to get rid of IT and APPS in order to focus on the tech strategy is short sighted and insulting to the folks in those groups. Good luck with your... — read more 

How much money for retirement

I know there was a thread kind of like this but it got a little political so let’s keep that out of this. Let’s talk real numbers off of what’s needed and when is the right time to retire. Just want to be ready if the cuts do come. We are 50 &... — read more 

Was Watson forced out?

I never heard what really happened there, but this group seems to be in the know so I figured I would ask.

Layoffs coming?

There are a lot of cuts going on a lot of reorganizations. Are layoffs coming? We are doing well as a company but MW does seem to want layoffs often here so they have to be coming soon to quench the layoff thirst.

Performance Highlights Early

Earnings release was published the same time as executive changes. Earnings aren’t scheduled until Friday. Someone messed up, someone in Investor Relations is going to get it.

CEO

Mike to stay until he’s 100.

Chevron and diversity

Will Chevron do the same? https://www.wsj.com/articles/chief-diversity-officer-cdo-business-corporations-e110a82f

Operations Hijinks

We all know there are stories of outrageous behavior in our operating environments. People are human. They fight. They do stuff on purpose. 99% of the time incidents are papered over as "accidents" so nobody important gets in trouble. Let's hear... — read more 

Medicare

After getting laid off at 54 years old I continued with Chevron’s retiree health plan which I thought was pretty decent (maximum benefits due to age/yrs). Now the wife is close to 65 when Medicare kicks in (I’ll be a couple of years later). I’ve... — read more 

Innovation now and then

It bothers me that Chevron is no longer the innovative company it once was. Whatever happened to this company's innovative spirit, where did it go?

When is it the right time?

If you’re over 50…how much have you saved? How much is stashed and saved and how much expected from pension or lump sum? Are you close to being ready for retirement? How much is not enough to continue putting up with the B$#@!S&#@%#?

If you don't like Chevron, move on

I'm sure there are plenty of options with the same pay and same benefits out there for all of you who are unhappy here and keep complaining. The rest of us will have to find the strength to continue without so many of the "best" people leaving, but... — read more 

Is it really worth the effort?

It is not at all easy to get a promotion here, everyone knows that. However, I am interested in those who managed to get promoted - was it worth it or were you disappointed that you put in a lot of effort and the promotion brought you nothing... — read more 

Gotta admire Chevron

Any company who can persuade it's customers to pay 75c more for gallon of gas for a product which is arguably identical to a lower priced competition (ARCO) must be appluaded. Really that is brilliantly done. That's the power of branding... — read more 

Experienced hires at chevron- no future

If you are an experienced hire at chevron you have no future. Leave while you have control over your career. Chevron will have you drinking the koolaid and fill you with human energy propaganda. You will be in for a huge fall when they show their... — read more 

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