Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Major cuts

I heard we are no longer going to get free snacks in our break rooms because people are taking the Kind Bars home. Does anybody know if this is true? My kids are going to be so disappointed!

I finally found a solid job

Small company, oil&gas adjacent.The pay isn't as high, but the lower stress and improved work-life balance more than make up for it. Honestly, I don't care about the salary anymore—just as long as I can cover my bills, I'm good. It took me over eight... — read more 

Bonus Payout Timing

If I put in my 2-week notice exactly 2 weeks before bonus payout (last working day would be bonus payout day), will I receive the bonus? Has anyone done something similar in the past or know of anyone else's experience with this? Thanks

Bloomberg Softballs

Anyone catch the Bloomberg interview with MW? Talk about content light! How about asking what is happening with reserves? 7% production increase is great, but when 20% of is low margin domestic, what about international? Impact to revenue and... — read more 

by
| 820 views | | no replies yet
Post ID: @OP+1jkbdg1hc

Raises?

What do we think raises will be? We've got a 2% structure and a 1.1 CIP. I'm hoping for a higher raise but not sure if I think that will happen.

Horizons

Can anyone confirm if it's at least some what more safe to be horizons in your first 2 or 3 years? Assuming the horizons person is skilled.

Megathread - Reorg Official Announcements

It’s getting hard to keep track and CVX keeps it compartmentalized, so can we please post what re-orgs and reductions have been officially announced? I heard JG told his folks they were losing 20% in CNE.

O&M Bonus Raises

1 what’s that come out to percentage wise? Heard raises were 3%.

MCBU is a joke

Are we seriously having the same people decide the reorg structure and outcomes who got us into this mess in the first place!? With all their goofy ideas and non-value adding positions they created over the past 3 years to only give them another... — read more 

We have so many useless employees

Not to mention layers and layers of useless managers. I'm willing to bet my house that 90 percent of them - if not more - will still be here after the dust settles. I've survived several layoffs at Chevron, and not once did they get rid of the actual... — read more 

How many do we expect to be laid off?

I hope we will find out immediately, and not be in the dark on the actual scope of layoffs for the whole duration of reorg. At least we would have a somewhat better sense of how much each of our jobs is in peril. I’ve been looking for an alternative... — read more 

Has anyone been told to update your talent card?

Recently found out some teams, including mine (MCBU-Production Services) have been asked to update their talent cards because that is how the secret group is going to decide how people will be chosen to keep their their current role, transitioned... — read more 

CL is out

CL is out, like some posters below predicted. Bets on who's going to replace him?

Ok now to layoffs

Seeing a 900 Millions allocated to severance package and stuff .. if you divide that by 175k that's average annual employee salary gives you ~5200.. I would could it somewhere 7000. That's the layoff # I am guessing. That's what ~ 15%.

Maternity leave during reorg

If I have to take maternity leave during 3rd quarter this year, how will I participate in the ROM? Has anyone gone through reorg while pregnant?

Head Count

If the latest rumors are true, this is the list I have of senior leadership “retirements” and resignations over the past year: EN, GM of Data BB, CIO AW, VP Corp Affairs RM, VP HR CL, Head of Cyber NH, VP CP, VP Midstream LM, Executive Advisor to... — read more 

Tariffs

By all accounts DJT has said he wants tariffs permanently in order to bring in money that way. What's the impact on the economy and Chevron in particular? Any impact or expansion of the layoffs for us?

Empty parking spots

Mgmt loves to say the building is empty but the only emptiness I see is the dozens and dozens of empty reserved spots…..leadership is the problem.

EOI call

If you are 58-60 or above, would it be better to EOI than getting fired without a package later in year when that role moves to Engine ?

$715MM severance

Did anyone notice the $715MM severance charge they took in the 4th quarter? Is this a move to lessen all the upcoming EOI’s or have they already paid this to the lucky execs that have been shown the door? Way to continue to cut cost EB

Will DEI impact the ROM?

18 year employee here, and now I have convinced myself that maybe taking the next exit could possibly be the right move. Anyway, I’m curious on other’s thoughts on DEI at Chevron. A company who claims to be color blind really can’t be while also... — read more 

Why don’t Trump intervene to offshoring of jobs

Big oils Exxon and Chevron are offshoring American Jobs to cheaper countries. We should tag POTUS and our senators to raise the issue. American data should not be processed at offshore countries. I think this will protect this round of job... — read more 

BOD & ELT Must Go! It's time

Today's earnings release performance was a CLEAR indicator that the board has lost its way. MW just doesn't cut it any more. EB was a disaster. It's time for a board refresh and for MW to move on. He's old. It's ok to move on. Doesn't look like any... — read more 

4Q earnings call

Did anybody else feel that MW started the call with very low energy and then became almost agitated and called out Investor Relations guy for allowing some off-script questions to be asked? Thoughts? Also, can we please get EB some coaching to stop... — read more 

Question on relocation

What happens if they ask you to move locations to keep your job and you don’t want to move? Can you decline? Do you still get severance ?

Once again losing to Exxon

Exxon focused on growing the business via exploration and MCPs. Chevron can’t even meet analyst earnings even when we are in cash harvest mode (look at our reserve replacement ratio in 2024, yikes). God I can’t wait until MKW gets canned after Hess... — read more 

Oronite

any rumor on what is going to happen to oronite?

Start a new thread - post a news comment, question or message:

: