No need to keep or bring them here from India if you’re hiring them there anyway. Keep Indians in India and keep Americans employed.
The end of 2026 is far, far away
Luckily, I have started with a job search already. There are other options, and I’m currently weighing one. Good luck to all the folks who need this job badly for the foreseeable future.
Best line
Mike's Hard.......but not lemonade. He's definitely excited for layoffs.
DEI at Chevron IT
It’s great that we have all white people addressing the topic of DEI and how much we care about it. And then it got me thinking about how IT is full of Asians - as in, the actual technical professionals in the function are heavily Asian. But yet... — read more
Competitor focus & no engine?
First hour of SETH: our competitors are better & so we will adopt similar org models to be more attractive to investors Q&A: why is our (capital) philosophy better than, for example, xom?… we are good & need to not be distracted by what others are... — read more
***BREAKING NEWS***
https://abc7news.com/post/chevron-layoffs-oil-giant-plans-let-go-9000-employees-15-20-workforce-worldwide/15898909/
Chevron Pipeline
Any ideas on layoffs within CPL or contractors? (maintenance, inspection, etc)
how will package be structured for EOI
Last time folks also got 1 year med insurance
PDC for your job
In the Q/A, after the cameras were off it was noted we will be assigned a PDR (not necessarily our current PDR) and have to go through the PDC process. I feel like at this point I might as well apply for other companies as well. Question from me... — read more
IT MSP efficiency versus costs
I've been working in IT for 25 years and I've been through several reorgs in global corporartions. I'm anonymous because I fearreprisals. But if we stick to the Chevron Way I shouln't. Wrong answer. But this one really s-cks. This one is really... — read more
15-20% Cut in Global Workforce
Cuts will be complete in 2026. Learn to code.
IT 15-20% after agile and chapter eliminated?
What is the IT cut if we’re eliminating agile and the chapter model? And moving jobs overseas on top of that? Seems like more than 20%.
Are interns safe?
It's my last summer of college and I am really staking everything on Chevron internship happening--I've done all the paperwork but will existing offers be rescinded? It's too late to find anything else for this summer.
CTC just gone now I guess
No official confirmation but not present in the new organization...
SETH Announcement Location Impacts
Consolidation of STAC but skating around how that impacts office locations
To ELT
Take accountability by cutting your bloated salaries. Bunch a a$$holes
Accelerated EOI Terms
Accelerated EOI showing in February, how long will those who hit the button have to stay?
Shale and Tight Asset Class Investments
This is where we are competitive, what are we going to buy and development next?
Hypocrites
Seems like all is rosy, for the Presenters' bank accounts and lives. Gulf of America.... does karma happen?
Board…EB is not the person!
Back to the drawing board.
If you're not on the SETH stage, please keep scrolling
Ph-k you, you're fake, you are not pointing at yourself for the failures, and I doubt you will even cut anything personally to help with the budget. Enjoy those box seats while we loose our homes.
15-20% workforce reduction and then this as first question?
What a horrid take, telling everyone that 15-20% will be reduced and the hot topic is DEI? Get over yourselves and get off your high horses. Good Lord.
9 vice presidents
Hey I have an idea to simplify
Coward
Mike is too cowardly to give any bad news. Such a sack of s h i t
SETH Live Reaction Thread
Post all thoughts and complaints here! Watching MW on the news as the opening act is silly
Anyone ready?
For MW to spew his infinite wisdom on on our faces? Bet is, he wouldn't even respect us enough to clean up.
A little background on McKinsey who will be consulting on the layoffs
McKinsey worked with Purdue Pharma to “turbocharge” sales of OcyContin (extended release he---n). As part of that contract, McKinsey proposed that Purdue rebate $14,810 to CVS (another McKinsey client) for every overdose attributable to the pills... — read more
Show of hands
Now that the cuts are in sight, let's see how many are hoping to be laid off.
Will we see MW with a # tomorrow?
Haven't been through reorg yet at Chevron. Wonder if a targeted layoff # will be shared
Set your 401k contributions to 2% if you are taking EOI but more retired yet
Saw the following post on thread and it make sense: “Contribute to my pre-tax 401k up to the match: $11,750 then stop (Meta will match 100%) Max out my after-tax. Ideally you could contribute $46,750 ($70k - $11,750 - $11,750) but Meta caps this at... — read more
Let’s bet..
How many times will MW say the word “together?”
Reserve Replacement
Chevron's (CVX.N) oil and gas reserves have fallen to the lowest point in at least a decade… Reserve replacement is one of the key metrics for investors in energy companies, as it gives a sense of how much oil and gas the companies could produce and... — read more
17 point survival plan for chevron
Here it goes: invest in exploration: bring back an investmant in explration and start snapping up tier ii and tier iii acrage as industry operators peel off lower grade acrage to pay off det. we need to grow to keep from dyeing. everyone else has... — read more
Recurring Rant Thread: Chevron's back-to-the-office initiatives
Let's see where is the sentiment right now...
Enough exaggerating.. time for truth !!
IMO all the fear created will vanish soon.. The 30% and 20% and what not.. this Reorg won't be too different than all others we have seen.. about 5-8 % reduction.. most of them EOI. Engine's impact will be gradual .. in 26-27 and beyond.. for now it... — read more
Any news in Richmond maintenance
Any new rumors?
'Twas the night before SETH
’Twas the night before Townhall, and all through the chats, The rumors were swirling of layoffs and cuts. The emails were vague, the tension was tight, Would we have jobs by the end of the night?