Mark Nelson: "There's a growth trajectory with or without the Hess transaction, but we believe the Hess transaction is good for both shareholders." Translation: Wirth blew the HESS deal, that's why I'm having to make excuses to you now. YTD... — read more 

Do you think he was pushed or found something better?

Some teams are bare bones already. And more cuts are coming.

Slowing economy, slowing demand. https://oilprice.com/Latest-Energy-News/World-News/Citi-Reiterates-60-Oil-Price-Forecast-Amid-Bearish-Trend.html

I think we need to be asking what decisions in the last 5 years have brought us to this point, where did we go wrong with those decisions, and who should be held accountable. The rank and file are responsible for executing the vision of upper... — read more 

Learned today that there is a hiring freeze in place, with open roles not being backfilled…

Yes, it's cheaper, you can hire more people, but more people is not really needed unless you are doing something that has a bunch of repetitive stuff. Indian Consulting companies are truly hopeless, if you have worked with them you know this... — read more 

If a new org is to be completed by April 2025, I would expect some major turmoil this fall. Anybody have an idea? Or they’ll just go the route of a thousand small cuts?

Year to Date CVX is down 5.9% and close to it's 52 week low at $139. while XOM is up 15% YTD and regional independent upstream FANG is up 30%+. Being former employee and stuck in good size position of CVX stock, give me your pros and cons to stick... — read more 

I am curious what those on the board are proposing Chevron do instead of layoffs and offshoring. Simple fact is: Chevon is viewed as the high-cost operator (often worst quartile) in most domestic basins and many international basins. This is... — read more 

When things get real, Chevron shuts it down. The prior post from the 15 year employee had everyone agreeing with the bad state of things and bam, Chevron shut it down. Big Oil knows how to silence the truth.

Because there is no plan. Everything will be business as usual, without a thought beyond cutting costs. Good things and quality cost more, so they’ll also manage to get rid of everyone and everything that’s actually critical for the company. I really... — read more 

Employees, Enjoy your day off you lazy employees! We need our dividend to grow so once you are back I'll be looking to layoff and outsource anyone I can. If I can outsource field workers I will but haven't figured that one out yet. I want it to be a... — read more 

When your favourite football team isn't meeting expectations and not in the top 8, the club hires a new coach and the players remain and next season you have a performing team. We will let go the figurative "players" and the same "coach" will be in... — read more 

What do you think bonuses are going to be like? Will they do the cuts before or after the bonuses?

Leadership keeps telling us to be resilient and giving us self-care tips. That is about as helpful as when a gigantic bully grabs your arm and repeatedly slaps you in the face with your own hand saying “Stop hitting yourself.” Anyone who has been had... — read more 

Is it true the consulting company suggested the way to turn things around is getting a CEO who knows that there are ways to grow the business beyond layoffs and cuts? Our current CEO that's all he knows how to do.

I can get behind those. But is that what we're about to get? Or will the management use this as an opportunity to get rid of high performers who are highly paid (well paid for a good reason, of course)? I'd like to believe it'll be the former, but... — read more 

I could use a few months off before restarting the grind, I ain't gonna lie.

Any update on CBU?

I know it's easier said than done, but we've got weeks of anticipation and stressing ahead of us. If you don't try to leave it behind so you can fully recharge your batteries - especially the mental ones - this is going to be a very long month for... — read more 

20% staff reductions planned, mostly in Houston. The market will be saturated with out of work Cloggies.

I know folks have been predicting peak oil for 50 plus years, but when the Permian basin starts rapid decline in 5-10 years and many other legacy areas continue to decline, I do not see any potential that new production elsewhere that can keep up... — read more 

Einstein said, "We cannot solve our problems with the same thinking we used when we created them". The move to ENGINE was all but inevitable. It is the direct consequence of our gross organizational incompetence, arrogance, and culture. I want to... — read more 

In today's whirlwind of corporate buzzwords, layoffs and offshoring are the ultimate power moves for any company looking to "optimize" its workforce. By "right-sizing" (a.k.a. downsizing) our team and "leveraging global talent" (a.k.a. outsourcing to... — read more 

What is the most useless function in ABU? My votes goes to SCM.

The nonsense CVX news article about AJR is a joke. He is just about the least respected person in the Wells dept and should have been pushed out ages ago. A truly incompetent engineer. I'm surprised he can figure out how to change the leaking oil... — read more 

With all of the latest moves does it seem like MW is just packaging us up for sale?

Does anyone remember the Townhall where the "special guest" was from Microsoft and it had zero relevance to what was happening with the Company? At that time, I could not for the life of me understand why or what the purpose of that townhall was... — read more 

The fundamental problem is Chevron management has lost sight of the technical competence needed to be successful in this business, across the whole enterprise. If you have no idea what it takes to plan success, cost cutting is the only action that... — read more 

That our safety record goes to sh-t for the next year and a half — even worse than it’s been under Mike so far?

LC as CIO is going to be a disaster. All he has is a script full of buzzwords that he can barely read. Maybe MW was doing Mary a favor, taking him off her hands.

Hey Mike - You want to copy another idea from Exxon? Start real performance assessment, where you force fit people into distribution and bottom 10% are fired every year. Within 5 years you are at 50% headcount. Don’t need to pay severance if you... — read more 

If an employee works in New Mexico, even temporarily, but lives in another state does the employee owe NM state taxes and if so why hasn't CVX followed the law and deducted NM state taxes from my pay check?

So this cr-p now doesn’t become a never ending soap opera. We all have decisions to make, plans in life, financial obligations, and quite frankly no nerves to spare on corporate bullsh-t. They are such drama queens, and bad at that. I can’t figure... — read more 

Let's come up with a nifty idea and feed buzzwords to chatgpt for lingo that makes it sound like they know WTF they are talking about. They can't answer a regular question or scripted. I use to have respect for this company anymore. The hard truth... — read more 

I know many people who hate having to wait to find out about layoffs, but I'm not one of them. I was given time to prepare and I appreciate it. I've been working on my resume and networking like crazy for the past several days. If I'm affected, I'll... — read more 

The management has made its intent known. You have been put in a kettle and been lit. Engine has started Your wish, if you want to end on dinner plate, or jump to save your life. Only folks remaining would be those who can’t find job outside. A)... — read more 

We should just keep posting this since it keeps being taken down.

Why don't we have a Union for IT?