Chevron Corp. Layoffs

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Topics regarding layoffs at Chevron Corp.

Oil coming back

Itsgoing to come back big. It will be demand driven. Recent cuts in investments in new capacity by the industry will make it impossible to meet the demand. Oil will sky rocket. 100..150.. 200.. You name it. Chevron stock will be in 200s. Position... read more
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4076 views | 69 replies (last )

Expats

Do expats still get all those extravagant tax free alloances in this tough business environment for oil? It makes a lot of sense to cut back on those.
by | Post ID:
8572 views | 116 replies (last )

Non compete agreements

Do new engineers require to sign non compete agreements in Chevron? I do not remember now If I have signed or not. Thank you .
by | Post ID:
3211 views | 33 replies (last )

Divestitures

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
by | Post ID:
1908 views | 8 replies (last )

Why is CEO out early?

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
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2123 views | 9 replies (last )

Wish JW would have been released sooner

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
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2602 views | 17 replies (last )

Permian Basin Divestment

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
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2961 views | 22 replies (last )

Take a knee

Elections have consequences. You get what you voted for my butthurt losers.
by | Post ID:
310 views | no replies

ETC Leadership Team

I had the opportunity to present to the ETC LT recently, and they invited me to stay for the rest of their meeting and have lunch with them. I have to say, I have never seen a more self-absorbed, out of touch "leadership team" in my life. They were... read more
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2785 views | 9 replies (last )

The Sky is Not Falling,

... you are simply flying a bit closer to the ground than you are used to, or, in some cases, have never seen before. And, don't worry too much about the many layoff percentages being thrown around, as long as you have the wherewithal to weather the... read more
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2541 views | 9 replies (last )

Tell me about your lump sum Roth conversion

Another great advantage to the lump sum is being able to manage/customize annual income and taxes. Who has converted their lump sum to a Roth IRA? What steps were involved? What is the final tax impact??
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4541 views | 70 replies (last )

How do you have jobs posted?

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
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3500 views | 26 replies (last )

Layoffs announced in GOM/DWEP on Monday

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
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5578 views | 20 replies (last )

Midcon in big trouble with current VP

Second fatality in D&C in MCBU in less than 3 months. He is wearing people out trying to make a name for himself. He is way to much in the weeds on everything plus he is trying hard to alienate the Houston and midland teams from each other. He must... read more
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4007 views | 12 replies (last )

Bitter Workforce

/ ================================== Zach Scott was a year old and his brother was still in the womb when their dad got laid off from... read more
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3141 views | 11 replies (last )

Lay offs

Are layoffs still going on in CBA or it's all finished and everything is stable.
by | Post ID:
2136 views | 13 replies (last )

TCO / Rotational Question

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.
by | Post ID:
2165 views | 11 replies (last )

Friends and family

The nepotism is mind blowing. Lots of kids of big guys, how can you give them a poor review? He will get back at you via his daddies friends (all of whom he knows from when he was a kid growing up in Duri, Balikpapan or Caracas). His network from his... read more
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2979 views | 13 replies (last )

This says it all

/ As an employee I would take a hit on my dividend, instead of getting into debt more. The only reason it shows a + is because of the sale of... read more
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1917 views | 5 replies (last )

Early Retirement

With Mike Wirth rolling in we should expect a massive tidal wave of early retirements. Just watch it, the man has an agenda and it has to do with our headcount. Next 6 months will be an interesting period as the Iron Mike fastracks his cost saving... read more
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3993 views | 16 replies (last )

Stop the childish attacks

Just amazing! Constant name calling and nasty conversations is nauseating. Why don't the participants go back to elementary school and stop the vile
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2063 views | 23 replies (last )

Chevron survival politics and layoff psychology

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
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2562 views | 8 replies (last )

What have you seen at Chevron in the last 10 years?

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
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2407 views | 16 replies (last )

Mike Wirth will destroy upstream

No more small downsizing in upstream (GOM & DWEP BS)). For those of us survivors of accelerate downstream, it's about time the hatchet comes out. Get ready for a massive reorg.
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3374 views | 8 replies (last )

What's it really like in Tengiz?

What's it really like in Tengiz, Kazakhstan? I might go there to work if it's not too dumpy since the money is good I can handle the long days.
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2057 views | 8 replies (last )

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