Ex Hess now Chevron employees please share with Oxy employees what to expect once CVX purchases Oxy. Any insight on who to outlast and survive?
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There is a massive culture clash between OXY and CVX, so I wouldn't expect to last long, even if you make it through initial layoffs.
Also, before OXY left California, there was some major bad blood between CA CVX and CA OXY. If any of that cohort is still around (and now spread out within CVX), you may find you have an uphill battle being fully accepted as part of CVX.
What if you are former Chevron?
Run, don’t walk. There are other companies out there looking for talent.
This is how it works, they will bring you onboard to continue working your old process, once integrated you will be on the chopping block. If you land a role you will be a placeholder until they send it offshore.
From wherever you come from, you will be an experienced hire at Chevron. This means little to no recognition for your work no matter how good it is or you are. You might keep your job but don't expect a promotion or any other job opportunity. I'm sure there are exceptions to the rule but don't count on it being you. The money and benefits were good but when the time came, I took the EOI.
Thoughtless integration. Take the package if you can.
EOI / severance is the best option for most, you WILL NOT fit in the culture. Theres a reason independents pay better at the same relative grade level, you are doing the same work as 3-4 Chevron folk.
@pk offshore has less than 5 years till divestment as well, not sure CVX wants all that ARO (at least $2B based on what I can find publicly) a few assets keep the entire GoA running
Oxy reservoir engineer here. Oxy has less than 6 years of economic reserves in a majority of West Texas counties. The company never integrated the Anadarko offshore assets well. Even with recent discoveries that are made to incentivize a divestment.
@me I hope someone recorded those meetings and releases the recordings to the public.
As a legacy Hess employee, my primary reflection on the Chevron integration process is that the Chevron leadership who hosted the so called information sessions with Hess employees prior to close were reading from a script. They almost certainly knew that what they were told to say was not truthful. This was quite evident from the body language of some of those Chevron leaders. Most of these falsehoods involved assurances that there would be many opportunities for legacy Hess employees in the post-merger organization. In reality, there were very few legacy Hess employees that found positions within Chevron other than those that continued in their pre-merger positions. Clearly there was immense pressure within the Chevron organization to meet and exceed headcount reduction targets among the Hess employees, and this was likely known at the time that these Chevron leaders were saying something entirely different to Hess employees. Bottom line, anything you are told during the transition period between the merger approval and closing is likely to be from a script and not reflect the real Chevron plan for the post-merger organization.
Legacy Hess, still standing with Chevron in the bakken. My advice.....RUN. Not a single thing has improved since the takeover. Benefits deteriorated, pay is dropping, morale is in the tank. I dont know of anyone in our asset that is happy working for Chevron. Losing good people to competitors because they are fed up with the disorganization, lack of direction, and general incompetence in all support functions.
Pray you avoid it Oxy
Chevron won’t purchase OXY this year. If the bottom falls out of the oil business, then OXY might be in play.
Chevron already tried to buy them and the deal fell through
I’m Chevron Finance left standing after 15 years with Chevron. Worked on integrations for the Noble and PDC integrations. Little to no due diligence. Cluster f**ck. Leading Performance not keeping people in the know. Avoid the stress. TAKE THE PACKAGE and move on.
They are mostly all gone from what I understand. Oxy employees will probably have the same fate, and only ones kept are the ones close to the wells, and the under 45 group. There are a lot of young people that could help Chevron and allow them to exit their older groups.