Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Social Security Earnings

Preparing for my early retirement, struggling with social security offset. CVX will project my SS Earnings back to age 22 by reducing 105% of highest average earnings by the year-on-year percentage changes in the national average wage. In... — read more 

Essential employees

Chevron really takes care of it’s essential employees.they thanked us bye reducing our field staff.Forcing us to work more weekends.All the salary people still stay at home & getting paid.Good job way to take care of O&M.

Rocky Mountain BU

Noble here...got word today that our DJ assets will be part of a new Rocky Mountain BU. Seems like they ya’ll are more interested in the Rockies than most thought...

NUA strategy

Fidelity likes to make a big deal out of NUAs from the ESIP. You are eligible for favorable tax treatment on sale when you retire and at age 59. What has your strategy been? I don’t think I will until after 70.

Is anyone in round 3 actually working this week?

I’m just moving my mouse around, saving docs occasionally, and reading on my phone. Took a 2 hour nap today. Won’t start working again until I know if I have a job here. Generally a very hard working, high performing worker but I’m just sick of this... — read more 

Left Standing

What sort of sick and twisted individual decided to professionally deploy an analogy to a childhood game of musical chairs as a process of eliminating mass jobs and family livelihoods? Someone actually thought long and hard about this and then... — read more 

PSG Ranges - US Payroll

Anyone know the ranges (min, 100% CO, max not including CIP) PSG for US Payroll for 2020? A buddy of mine is hiring on (post UE) as a Sr. Ops Engineer in MCBU and is trying to understand what salary he can ask for without HR trying to stick it to... — read more 

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| 5690 views | | 8 replies (last September 1, 2020)
Post ID: @OP+16HvUbHe

Early Retirement 101

I am 55 and I have checked the EOI during R3. Working like a donkey for the past 30 years and guess it's time to do something for myself. Any advice on preparation for early retirement is highly appreciated. Be safe!

O&M cuts?

Does anyone know the cuts there will be at the o&m level? Yes it is happening that’s all I know. Thanks

WARN Letter

Thought I heard HR in San Ramon say on a call that Houston and San Ramon received WARN letters recently. I work in one of these locations but did not receive it. Does it come via email or regular USPS mail? Thanks.

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| 3520 views | | 8 replies (last September 10, 2020)
Post ID: @OP+16E2rjaq

Leading performance matrix

The way to truly navigate in the new system while enjoying life is to make friends in the company so they can give u excellent feedback for align& inspire, building relationship and grow capabilities. You will still be fine with valuable... — read more 

Lifers Out - Watch it!

Lot of lifers will cash out and EOI. They’re not dumb. The writing is on the wall in IT. Two more years of pin ball Bill, buzzwords, and smiley Joe pep talks just aren’t worth it when you have money in the bank. Downward pressure in 2021 will only... — read more 

Round 3 selections

I've heard a lot of people say how important these Round 3 selections are to set us up for our future with a more technical IT organization. But look at who is on the selection team for Round 3. How in the hell are they going to know how to put... — read more 

DS&C round 3

Heard R3 in DS&C has 270 jobs for 600+ candidates. I’m in R4 and hope there aren’t any nasty surprises in position counts.

Wells layoffs

Global says the US cuts will be 30% across the board in Wells. Anyone have the percentages for each BU? CTC (UC & ETC), MCBU, SJV, GOM, TCO, SASBU?

401k match in jeopardy?

I read that XOM is suspending their 7% match starting in October. Odds Chevron does something similar? An 8% paycut would hurt.

Alexa

Lets just replace all IT and functional Digital Advisors with Amazon's Alexa. Alexa please write a machine learning program to produce more oil from Tengiz, drill faster wells in Mid-Con, and also let me know when I am running out of underwear. — read more 

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| 1520 views | | 4 replies (last September 4, 2020)
Post ID: @OP+16Ao7SYu

My opinion: Change IT Leadership

We need a new CIO. He spent a tonne of money on the McKinsey for Digital Acceleration and all we got out of it was a bunch of consultants creating communications and training materials about digital transformation, a system to report about digital... — read more 

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| 2680 views | | 9 replies (last September 9, 2020)
Post ID: @OP+16Aspap1

Skills Retooling

I asked my IT supervisor if she planned to retool herself and learn programming. My IT supervisor said she would rather get a package then have to learn how to code, hence thats what the leadership chapter is for. So much for fostering a "growth... — read more 

Layoff preparation

Layoffs are not unusual, consequences of bad economic climate, decline in business etc Using layoffs to adjust demographic ratios is not usual or right either For some to win (increase in representation), some have to lose (decrease in... — read more 

Life after Chevron

I left in 1Q2020 knowing that cuts were coming in 2020. At the time, Wirth, the GMs and the sponsors were planning for a 10-15% reduction, upstream Opcos consolidation based on asset class, and a retooled ETC. I could not justify staying as CVX was... — read more 

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| 2960 views | | 6 replies (last September 3, 2020)
Post ID: @OP+16zFLPOK

EOI - remaining annual vacation buyout?

Just checked my EOI for R3, and the severance payout date is very tight to push until 2021. Beside playing with date of submission during the 60 days of signing the release, is there any other options to delay the process?

Do PSG 24s really have a chance in round 3?

Met with a job owner recently and he kept talking about how this was an optional round for me. I have the right skillset, high scores, and am well regarded. Worried they’re going to pass me over because I have another chance (in theory). Any... — read more 

Anyone having Texas Unemployment Issues? I was told that Chevron type severance is not considered "In lieu of pay" .

Just received a letter from Texas Unemployment that I was disqualified for unemployment for a year because of the severance pay. I was told and thought I saw in some old threads that Chevron's severance was considered a "buyout or something" and not... — read more 

Today talk with asset class directors

What was the point? All I heard was BS. Just repeating same buzz words with no clear path forward, is the BS ing the pass forward to get promotion? It was total waste of time to listen to those clowns!

Appropriate Salary by PSG

Can anyone share the standard salary range or a C.O. of 100% at each PSG level (U.S. based)?

Why won’t people EOI?

I’m on a team that’s being cut by 20%. We have a couple of late 50s early 60s folks. Still trying to figure out why they don’t want to EOI. They’re already millionaires and have grown kids out of college. No plans to work more than a few more years... — read more 

This is a Farce!

Why bother with this bs? The job owners already have preferred candidates. It’s so bad that they’re telling people who want to apply to not waste their time. What is the point of any of this? Why are they torturing us? Why not do a nice clean... — read more 

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