Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

More Rio de Janeiro boondoggles..

I read that Chevron has acquired deepwater leases in Brazil. Considering that Chevron (and earlier Texaco) have discovered no reserves whatsoever in Brazil in 30 years of operations there (including money-losing Frade and most recently the bungled... — read more 

Diversity leader pleads guilty.

https://www.forbes.com/sites/jamesfarrell/2023/12/13/former-facebook-diversity-leader-pleads-guilty-to-stealing-4-million-from-company/amp/ Is this monitored at Chevron?

by
| 1570 views | | 4 replies (last December 18, 2023)
Post ID: @OP+1q42yQz0

MW email

So MW has all his lackeys roll out bad news, and then he sends out today’s email filled with cope around how successful we are. It makes them look so disconnected. Perhaps an over correction? Notice not a single reference to the doom messaging that... — read more 

Hess buy

Does anyone think that the Hess buy may not happen?

by
| 2530 views | | 5 replies (last December 15, 2023)
Post ID: @OP+1q3gNJdG

What do these ratings even mean?

With the new rating system there is no forced distribution. So is getting 1-2 EE’s the new 2? And then 3 EE’s would be like getting a 2+ in the old system? Etc.. I really don’t know what is normal

Reminds me of CVX leadership

https://www.inc.com/jason-aten/before-laying-off-1500-people-spotifys-ceo-made-1-mistake-no-leader-should-make.html

by
| 1630 views | | 1 reply (December 9, 2023)
Post ID: @OP+1pZWApki

Townhall

Execs will keep their high bonus while we get laid off and sh!t on.

by
| 2810 views | | 8 replies (last December 12, 2023)
Post ID: @OP+1pYm6xze

Thoughts on the CTC Town hall?

It seems layoffs are coming based on what was said. A lot of good questions asked. What are your thoughts around what was said?

A message to MW and Team

I think the fact that I post this here and not on Workplace or some employee survey speaks volumes. For over 20+ years I have been married to Chevron, for better or worse. Honestly most of it, 99% of has been for better. We have not always agreed... — read more 

by
| 3730 views | | 10 replies (last December 12, 2023)
Post ID: @OP+1pXI6IM8

All in for the Permian shale play

“Upstream spending in 2024 is expected to be about $14 billion….two-thirds for Permian shale … about 25 percent for Gulf of Mexico”. Wow, what will we do when west Texas is toast in the next five years?

by
| 1940 views | | 6 replies (last December 9, 2023)
Post ID: @OP+1pXO2dlR

COP28

Chevron (CVX) was notably absent from a pledge by 50 oil and gas producers including Exxon (XOM) announced at COP28 to cut methane emissions from their own operations to near-zero and halt flaring of natural gas by the end of the decade. We got to... — read more 

What’s the incentive for bonuses?

What’s the incentive to go above and beyond if problem BUs can destroy our CIP? My BU is performing above expectations, but we’re already having expectations managed on CIP. Shouldn’t management be rewarding BUs that performing, rather than punishing... — read more 

by
| 2650 views | | 7 replies (last December 6, 2023)
Post ID: @OP+1pUrGuws

Intervention?

Should we have an intervention for Chevron management since they seem to have an obsession with reorganization? No normal company reorganizes or changes this often. We keep hearing that "this is the world we live in and we have to change". Things... — read more 

Who should be fired for FGP?

You can’t have $45Bn wiped off the corporations value without holding someone accountable. So who should it be? DM, current bag holder. EB, long history in TCO. NH, every project he has been near seems to turn to cr-p fairly quickly. Or MW the buck... — read more 

CTC, DT&S, TM, CTV re-org announced

Todays DT&S Town hall announced a re-org. Question was asked about potential for headcount reductions. VP (CJ) answered vaguely enough to not confirm scope but stated it was likely. Good luck everyone. Let the 5 year cycle begin!

Refinery Leadership Changes

Dear Downstreamers, What's going on with all the leadership changes at the refinery (won't name it)? Too many senior leaders have suddenly left this year with no notice? The latest one is a big surprise.

by
| 2740 views | | 6 replies (last December 2, 2023)
Post ID: @OP+1pPAJjXH

When, not if

The only question left now is when will layoffs start, not if there will be layoffs. Well, that and how bad it will get.

Agile

We all saw PB's email. Are we seeing the fruits of Agile with these results? Is Agile to blame for not achieving top quartile performance?

by
| 2580 views | | 9 replies (last December 4, 2023)
Post ID: @OP+1pPcHlPU

What did management expect?

In 2020 they put the company through a crushing transformation when we lost so much talent and became understaffed. When you gut a company for the short term you should expect with low morale and less people OE isn't going to be what it used to be. — read more 

by
| 3240 views | | 9 replies (last December 8, 2023)
Post ID: @OP+1pOivJAE

PB Email

What’s he setting us up for?

Drilling and Completions

Are Drilling and completions merged at Chevron or do they have separate reporting lines until you reach say a VP level.

by
| 1304 views | | 3 replies (last November 27, 2023)
Post ID: @OP+1pN2Fjsk

salary increase from a promotion this year

i got 5% from PSG25 to PSG26, I heard it is normally 10%... but I am thankful for the promotion approval. can you guys share how much adjustment you got from your promotion?

by
| 2100 views | | 6 replies (last November 28, 2023)
Post ID: @OP+1pN3DNAS

Salary progression

What has been your salary progession through out your tenure at cvx? Which milestones typically generate the biggest jumps?

What is LCDD do?

I read their funny newsletter but am confused on what they actually do?

by
| 2610 views | | 7 replies (last November 21, 2023)
Post ID: @OP+1pDurj4m

What's going on?

I've been here around 2 years now and everyone is defeated and disgruntled here it seems. Have things been this difficult always or just during the MW reign?

PSG bump in PDC?

If you successfully posted for a role that has a higher psg range, is it remotely possible to receive a bump? If you were close to a promo in the previous role, does a new role in the pdc set you back?

Chevron is a Buy, it has been punished enough (Barrons)

https://www.barrons.com/articles/buy-chevron-stock-price-pick-1783ee4a?mod= Buy Chevron Stock. It’s Been Punished Enough for Earnings and the Hess Deal. By Andrew Bary Follow Updated November 4, 2023 / Original November 3, 2023 Share Size In less... — read more 

by
| 2110 views | | 4 replies (last November 13, 2023)
Post ID: @OP+1pxEHQU3

R&A

I have seen some people frequently get R&A's from their regular job such as answering a phone call, sharing a little knowledge, all during office hours. but why I was not given any even I do the work during night time or week end to help those asking... — read more 

It just got bigger

Well, there was work on CTC that started a while back. Now tho it is getting bigger to include all of OPG given the business plan roll up showed our earnings are many billions below the promise MW made to the street a few years back and our capital... — read more 

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

: