Will 2018 see the oil price marching back into 60's and 70's and 80's and even triple digits? Will the happy times roll again in the land of the chevroids? Or is this a slow and quiet withering of a once almighty industry into the annals of the "been... read more
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Topics regarding layoffs at Chevron Corp.
Suppose you were offered another job at another company. You decided to take it. However, you worked at Chevron through the whole year and left at the beginning of December 2017. (So you worked the whole year from Jan-Dec) but didn't complete the... read more
See this story /
So, are we gonna repeat the success of the last earning report or fall flat on our faces? I say we'll do well once again, but from what I've been seeing around, I might be in the minority. In any case, good results mean fewer layoffs (or so I hope,)... read more
In the last 12 months, 90% of share volume trades by management were "sell" rather than "buy", and 1/3 of those sells were in the last 3 months. Are we at some sort of pinnacle? /
Would Chevron benefit from a CEO from the outside and a more objective measurement of results and less good ol' boy understandings to honor?
Just a thought after hearing of the massive cuts in the valley...
I wander what kind of comments are we going to get on this one... How an oil and gas giant outmaneuvered low oil prices / Italian oil and... read more
In case somebody missed it, a bunch of folks will be laid off from San Joaquin Valley Business Unit. /
This company represents everything that is despicable in America. It is about greed, short term vision, no long term personal or business relationships or family values or leaders. Management at this company is not only incompetent but creating a new... read more
Signed California Assembly Bill AB 739: It is required that at least 15 percent of specified heavy-duty vehicles newly purchased by state agencies to be zero-emission beginning in 2025, and at least 30 percent of those vehicles to be ZEV beginning in... read more
Last year all was fairly good, now all of the sudden things move, people are complaining and there are rumors about layoffs in San Ramon.
How does Chevron pick who needs to be in the hit list? Are there any thumb rules?
He has no vested interest in all the non-value-adding bureaucracy and processes that George Kirkland created. Watch for quick action to reduce/eliminate PRC, Upstream Capability and ETC.
Any update on what will be new org and size of BU?
What’s going on with the industry? Only time will reveal what caused the industry slump (and subsequent recovery). Shale Drilling + Renewables + Environmental Laws + Fuel Efficient Vehicles / Electric + Complicated Geopolitics did not factor into the... read more
Do new engineers require to sign non compete agreements in Chevron? I do not remember now If I have signed or not. Thank you .
Chevron announced today that it will spend $4 billion next year in the Permian Basin in an effort to increase daily production to 400k barrels/day over the next several years. If Chevron is going to hire any additional exploration professionals... read more
More divestment news from today. Chevron has divested its whole operating interests in 2 oil producing assets in the Neuquen Basin located in Argentina. The deal is in line with Chevron's plan to divest $10 billion in assets during 2016-2017. All of... read more
My manager's manager assured me that when business picked back up that I would be called back. Maybe they lied. Does everyone really believe that laid off employees were poor performers? And why would someone from another company want to leave to... read more
Elections have consequences. You get what you voted for my butthurt losers.
In case you didn't know it looks like Chevron is changing all of it's ESIP services from Vanguard to Fidelity. Vanguard has rock bottom costs so it will be interesting to see what Fidelity provides, but do this today: record the expense ratios of the... read more
Chevron recently announced the divestment of 64,500 net acres in the Central Basin Platform of the Permian Basin. This deal will offload 5% of Chevron Permian properties. This is in sync with plans to monetize 200,000 non-core acres in the Permian... read more
Just curious on how quickly former CVX EE's have found new jobs/careers since layoffs. I know a few who got laid off in June 2016 that are still having trouble finding work.
When does JW confirm he is actually leaving? As far as I can tell there has just been a rumour he has been leaving. Is MW confirmed as his successor?
How does Chevron have jobs posted and you are still laying off? Take the people that you are laying off and place them into a training program and teach them a new skill. I know that not everyone that has been let go is not worthless. I can name... read more
Do you have to pass a hair test to rotate out of tengiz if you are already a CVX employee?? What about other international rotations.
his personal bonus was weighted on share holder return so maintaining dividend was paramount. Short term rewards were was more important than realizing o&g is a long term business. Layofff good people and fire sale valued assets. Add to the fact we... read more
Are layoffs still going on in CBA or it's all finished and everything is stable.
/ ================================== Zach Scott was a year old and his brother was still in the womb when their dad got laid off from... read more
There is a lot of survival politics at play all around in Chevron now -- a significant symptom of the underlying fear. examples: bosses trying to portray themselves smarter than their subordinates or trying to downplay the achievements of... read more
Chevron CEOs normally plan for ten year stints. The current one, if replaced as rumored, will be cut short by three years. Any idea why? Performance has turned around rather nicely via cost cutting and asset sales. Health issue? Dispute with board?... read more
HOW TO CHECK IF YOU ARE ESP: Go to outlook and see what groups you belong to and you can see if you have been selected for ESP. You can see if others have been selected also by seeing if they belong to ESP Group.
It is time to start really calling out all the corporate twits. Let's turn this blog into factual data. If you see something say it. If you see something at work and use your computer to post so call "anonymous" violations of corporate, federal and... read more
Monday is the day when the next 290 people in GOM/DWEP will find out their status as employees. The GOM is getting smaller and the staff is reducing again. Hopefully this will be the last layoff in the GOMBU for the next several years. Lots of great... read more
Just amazing! Constant name calling and nasty conversations is nauseating. Why don't the participants go back to elementary school and stop the vile
What leaders have the most to lose with John Watson retiring?