Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

CNE Shutting Down?

What are the odds on CNE surviving 2025? Let’s face it, no real need for a separate entity, it’s time to move on. Roll any actual project into the appropriate BU and be done with it. Plenty of fat to trim. Great opportunity for the new CFO to show... — read more 

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| 2410 views | | 5 replies (last January 8, 2024)
Post ID: @OP+1qsgBWoC

The beginning of the end for the permian

The 1MMBOD goal by 2025 is going to require to burn a lot of cash just to not pi-s wall street off Https://www.artberman.com/blog/beginning-of-the-end-for-the-permian/

2024 predictions!

Here are mine: Hess acquisition quickly shows to be a classic case of OG FOMO overpay RBU misses targets, as integration turns into a quagmire and reveals low grade assets. TCO pushes announces more delays and overruns bonuses and raises are... — read more 

Target for Layoff's

If there are layoff's in 2024 let's hope this time Chevron does not encourage or push experienced or older people to leave. We need to keep experience for a while after the great exodus of 2020. Layoff target this year should be the lower... — read more 

More bad news at CVX…$4 billion writedown in Q4…

“Chevron (NYSE:CVX) disclosed Tuesday it will book $3.5B-$4B in charges for Q4 on some of its U.S. upstream assets, primarily in California, citing regulatory challenges that have resulted in "lower anticipated future investment levels in its... — read more 

Best place to work right now (BU)?

Curious what folks think are the “best” business units to work in right now. I use best loosely because things aren’t going well right now as a whole given the admonishing emails from our leadership. TCO? Permian not looking too good. SJV can’t get... — read more 

Do better if you want some of the pie.

“The five super-majors – BP, Shell, Chevron, ExxonMobil and TotalEnergies – showered shareholders with dividend payments and share buybacks worth $104bn in the 2022 calendar year, according to the Institute for Energy Economics and Financial Analysis... — read more 

New layoff strategy for the New Year

Layoffs have been enshrined in The Chevron way and will soon be a 5th category for PMP (Align and Inspire, Growth, Deliver, build and layoff excitement). Is the new strategy small group layoffs? I've been hearing they assure you no layoffs are coming... — read more 

Leadership have lost their way.

CVX needs to bring in new exec leadership from outside company to break away from the incestuous, chronies club where either your face fits or you are sidelined to enable the friends of MW, RM, MN, PB to be recognized and promoted irrespective of ... — read more 

Chevron Layoffs 2024

If the market makes a turn soon, do you think there will be Chevron layoffs? Any chatter, news or rumors?

Who will pay for TCO’s delays and overruns?

EB gets a promotion to CFO, KL is still chilling, and MK gets to hang out in Houston before being put out to pasture. Meanwhile, folks who had nothing to do with it (and have leaner paychecks) are going to feel it at CIP time. Why does Chevron have... — read more 

Coffee Badging

New study reports almost two thirds of office workers have confessed to coffee badging. I suspect it is much higher at Chevron. Do a walk around your floor this morning and tell us what percent occupied offices you see. I got 17% in HOU15.

Not better elsewhere

the problem is not chevron, the oil and gas industry is just a challenging and very uncertain place for a career. Even if a company was very well managed, it would be extremely lean - with possible strong shift to less profitable business at any... — read more 

MW performance

How’s MW doing with his “win in any environment” plan?

Leave Chevron if you're unhappy here

I'm getting tired of all the negativity from people who work for the best employer in the industry right now. If you think you can do better, just leave already. I just wonder what that "better" company would be, because I sure as he-l can't think of... — read more 

Potential Job Cuts

Those words appear in this Reuters write-up. Is there more to it than just the rumors on this site? https://www.reuters.com/business/energy/wall-street-analysts-trim-chevron-views-setbacks-mount-2023-12-26/

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| 2660 views | | 9 replies (last December 30, 2023)
Post ID: @OP+1qgbdCT1

CIP

Is it really 0.75?

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| 2810 views | | 7 replies (last December 31, 2023)
Post ID: @OP+1qgOeWj0

Will MW address morale?

Morale is about as low as its gets right now. The layoffs, changes, cuts and low CIP has taken its toll on the workforce. Will leadership have the courage to try to improve morale by improving the lives of the employees or will they ignore the drop... — read more 

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| 2260 views | | 8 replies (last January 1, 2024)
Post ID: @OP+1qgmOQOD

LTIP and CIP Factors Less than 1.0

The CIP will be less than 1.0, confirmed in recent ELT discussions (directionally 0.75 to 0.8). In addition, I’ve heard from someone who attended the GLF in November that MW rebuked the GLF attendees in his comments. He communicated that for any of... — read more 

Will ghosts visit?

Will the Ghost of Christmas past, present and future visit management this year or will we all be getting a lump of coal for our CIP and a nice layoff?

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| 1740 views | | 6 replies (last December 23, 2023)
Post ID: @OP+1qcIoA4H

Message to Management

The company is really hurting right now and it's because Employees are demoralized due to the constant layoffs or threat of layoffs. The constant changes that we keep being told are the new normal in this world are painful and distracting. If you... — read more 

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| 3240 views | | 12 replies (last December 24, 2023)
Post ID: @OP+1qaaXOay

CTC raising GA rate???

I’m in a meeting with 7 useless CTC members. They just dropped they’ll be raising rates. They’re now our most overpriced and least effective vendor. Don’t people realize we’re fleecing our core work here?

Simplify the performance review categories

I haven't met a single person that sees any value in the 4 categories we have. It's so odd and weird. Since we need to get better at delivery something like this would be better no? Build Relationships: For leadership, this involves effectively... — read more 

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| 1890 views | | 8 replies (last December 20, 2023)
Post ID: @OP+1q9FmWsn

Getting are ‘arses’ kicked by XOM

You know what succcs? Is the fact that XOM is not only kicking our buddees in traditional energies these days, but also in new energies. New energies is Mr mikeepoos thing to help keep FROM loosing the BOD seats he needs to maintain control. XOM... — read more 

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| 1870 views | | 9 replies (last December 19, 2023)
Post ID: @OP+1q9Re4aY

Posts being deleted?

Where did the PMP post go? Censorship on this forum, you know someone’s watching it

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| 1550 views | | 7 replies (last December 24, 2023)
Post ID: @OP+1q8KqomN

PMP Feedback - zero consistency

I’m in ops, one of the more challenging roles in our BU. PSG in the realm of 22-23. Complete mixed bag of rankings: VC’s, EE and EM! Lol. I have no idea how to interpret these. As I said, our Team Lead roles responsibilities and pressure to perform... — read more 

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| 2050 views | | 8 replies (last December 21, 2023)
Post ID: @OP+1q8itfMD

Layoffs in January

Are we about to start the year with a round of layoffs? I do not like the rumors that have been circulating lately...

Hybrid stays - micro Badging tracking begins in 2024

Only tiny % shows ou to office more than 1 day a week. To resolve that, we all got new badges that will easily be tracked by HR and supervisors so they can use it to check if you are at work or at a parlor chatting and mingling!

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| 5490 views | | 37 replies (last January 2, 2024)
Post ID: @OP+1q65nrDO

Do Better

Today the information hit the street. https://www.bloomberg.com/news/articles/2023-12-15/chevron-cvx-cfo-orders-staff-to-do-better-in-memo-after-missing-2023-goals

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