What is 1 or 2 things which if chevron did now or this year could turn around the company trajectory

I don't know if it's the cr-ppy job market or something else, but attrition seems to have slowed to a crawl, at least in my area. Which is definitely not good, because if there is no organic attrition, then they're going to force it through layoffs... — read more 

Our financials are horrible again. ROCE hit a new low, dropping by 50% from 2022. Earnings are down by more than half from 2022. We borrowed $1 billion to pay the dividend, increasing our debt to equity, because we don't have enough... — read more 

Boston Consulting and McKinsey are always looking for productivity increases and cost reduction. Contractors have already been minimized, but CVX headcount could be next. It's not rocket science, just a cyclical business, No packages coming this... — read more 

67% higher spending in 2019-2023 and better execution means Exxon is widening the gap over chevron https://www.wsj.com/business/energy-oil/exxon-spent-money-to-make-money-66ae8d14#

What are some other boondoggles and well intentioned fu-kups. The Agile transformation has got to be up there.

We all know a large group from ITFP and SE Chapter went on an overseas trip. Two stops primarily in Manila and India, for what seems to be early talks for offshoring jobs. Wonder how closely this is tied to the latest skills assessment and... — read more 

Chevron Executives all have luxury boxes in San Francisco at the sports stadiums maybe they should get rid of them before the next layoff. With all the budget cuts let's cut the fat before cutting needed workers.

Looks like Chevron - CTC bringing up up the rear again. Hoping CVX gets scooped up by Shell or BP; it's clear MW is just hanging on for dear life. Have a nice day.

Seems the new seating strategy for some floors in Houston and for some in the new San Ramon building is unassigned and first come, first served. Anybody experiencing this yet? What’s it like? The idea sounds awful. I cringe at the idea of sharing... — read more 

Has anyone be let go because they haven’t badged in 3 days a week? I heard it’s called getting The ROD

If you have been to 1500 in Houston on the 11th floor they have a interactive projector, a barista and much more. How can we afford that when so much of the company is working with a bare bones budget and so many contractors have been laid off? It... — read more 

Only 4 jobs opening in Houston! 90 worldwide ! Incredibly low !

They are all around the Bay Area and get free office and comely secretary benefits. Who has kept track of their activities?

I come to this site periodically to check the waters on any pending layoffs but mostly all I find are long-winded threads on other unrelated topics by people who have secure jobs and apparently nothing to do with their time. Many are complaints about... — read more 

So SF finally retires and we see some good opportunities open up as JG fills in, brings hope to our early career folks. Who to GOM. And so forth?

I hope this email finds you well. As you may already know, we are facing significant budget cuts due to recent market fluctuations and economic downturns. In order to ensure the long-term success of our company, we will need to explore creative... — read more 

It's been several months and quite a few "fireside chats" and there still is no new, efficient, factory-supporting org released. Anyone have any insight into what's taking so long? Maybe we just want to keep paying consultants?

Exxon running circles around us. Not only do they prevent us from getting the Hess assets, they tied our hands for any M&A until 2025. Checkmate Mike! Good thing that salary keeps going up. Someone get an OE PowerPoint... — read more 

I used to think I was above the corporate jargon parade. You know, the lofty phrases like 'one team', 'agile mindset', 'leading performance', and so on. It was all a bit of a joke until a restructure rolled around. Suddenly, a new GM and her team... — read more 

Anyone catch that the groups under the new modernization plan get two days in office and two days at home? Will that work its way to other groups as well? Or will they keep tracking my badge swipes for three days a week? Seems equitable…. Smh... — read more 

https://www.reuters.com/business/energy/chevron-ceos-pay-rose-12-265-million-2023-2024-04-10/

When MW says change the leaders or change the leaders, when is he going to do either?

Say good bye to those high pensions folks. https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates

Good Luck. Expect his buddies to start showing up soon. https://www.linkedin.com/in/les-copeland-6b158918/ https://www.thelayoff.com/t/1rImhzUw

So we change the name from PSCM to SCM and it warrants a corporate announcement - “What’s in a Name Change”? This is one more indicator of why/how our company’s focus and priorities are WRONG and why our competitive position follows……the last 5-6... — read more 

Chevron was named 8th in the world in terms of CO2 emissions in a recent study. We are even dirtier than PetroChina, amazingly.

I was just removed from my team, and they placed me to a group that "services" executives. As a middle aged man, I'm looking forward to this opportunity. G--4Pay

I'm a sub chapter head in IT and the budget is just so very tight now days. Can barely afford the staff we have. I feel like IT doesn't have a dime to its name. Is there a cheap place I can find workers. I waited in the Beat Buy parking lot to see if... — read more 

A few of our groups going to unassigned. How's it working for those already doing? Office does not look full anyways so wondering if there has ever been a case where you don't find a good place to work?

Looks like PL is replacing JK, very sad situation for JK. BH from CNE moving into CSAT. BH not being replaced - sounds like they gave her scope to the CCUS guy, the external hire? Not sure what to make of all of this. I guess CNE is being slowed... — read more 

Interesting podcast on this subject. Young people want to be in the office to get the in-person interaction. Mid-career people want to do more remote work due to family obligations. A hybrid schedule—three days a week in the office—seems to be the... — read more 

Chevron has hired Ellis to develop AI for seismic interpretation and earth modeling. Supposedly, it can do in a week what would take a team of earth scientists the better part of a year.

Anyone ever receive a counter offer? Wondering how to handle if I do receive it.

The announcement seemed very sudden. What happened here?

For all the chatter around layoffs coming, I'm yet to see anything materialize to date?

While looking around at the company, there are overruns at TCO, fines in California, permitting constraints in RBU, assets sales in CBU, ABU can’t get it together, all while management looks to MCBU to bail out the company. Where is our incentive to... — read more 

BB elects to retire and replaced with external hire with an extensive (impressive?) resume in Fortune 50 companies.

Working hard used to mean something here. Knowing how to do your job well used to mean something. Having experience used to mean something. Today, if you are not part of one of the cliques (mostly consisting of a-s-kissers and yes-men), you can... — read more