Thread regarding Chevron Corp. layoffs

How is the current situation at Bellaire/CBRES?

Retired 5 years ago. Just curious as to the situation at Bellaire. Good luck if you were one ofthe unlucky ones.

/Retired

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More cuts to come to the Pipeline OPCO at Bellaire office. The reorganization of departments and staff will be made official in May or June.

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CBRES unloaded Bellaire on the State of Texas at a very low price. The Chernobyl site will stay buried. Pipeline has been disposing assets at fire sale prices. There is room downtown for the survivors. How many were cut? I don't have the total head count, because it was spread across several BUs.

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Correct. No more Bellaire building or the nuclear Chernobyl test well located under the back lot.

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All Bellaire people will be moved out no later than the end of 2017. No more Bellaire building.

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I think 1tdt, is onto something here. Chevron's eye is on the dividend and not on the outside shot possibility of an operational shutdown. Which VP or executive manager is responsible for this oversight? He or she better start sounding the sirens.

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That's right, . Concord is gone and the Bellaire, TX office soon to be too. Too many eggs in a single basket. I suppose the employees who brought their laptops home can work 60% efficiently from home, but how many office bound employees actually take their laptops home everyday? Maybe 10% or less. If sh-- hits the fan unexpectantly and for an indefinite amount of weeks or longer, Chevron will be in a pinch and its stock will plummet.

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That's what Concord is for. Oops, that's gone too.

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Doesn't Chevron have an Emergency Contingency Plan in place? Don't they realize if they stack all their Houston based groups into 2 side-by-side buildings in a given city and a catasphophy happens, things can be disastrous with dire consequences? For crying out loud, I think Chevron doesn't appreciate the "Don't put all you eggs in one basket" approach. Houston is the nerve center for this company. The majority of its world-wide operations offices and key personnel work there. If there's an emergency shutdown of the city or the downtown district, or just the city block for an indefinite time, what would Chevron's emergency contingency plan be? I don't think they realistically have one. They will cross that bridge if that time comes. Meanwhile, think of what the stock price will do on Wall Street. That's what is scary.

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there is plenty of space now in HOU140 and HOU150 (downtown). After all of Allen Ctr was moved to the two main building they will move folks out of HOU160 next and I am sure there is still space for Bellaire folks. Some floors in downtown are literally deserted.

Of course, first there needs to be another office/floor shuffle of groups which costs a couple thousand $s per employee.

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I hear Chevron CBRES placed the Bellaire office complex for sale a few months ago. Latest rumor is they have a buyer. No word yet on when the Chevron Bellaire tenants will be moved downtown.

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