Global says the US cuts will be 30% across the board in Wells. Anyone have the percentages for each BU? CTC (UC & ETC), MCBU, SJV, GOM, TCO, SASBU?
401k match in jeopardy?
I read that XOM is suspending their 7% match starting in October. Odds Chevron does something similar? An 8% paycut would hurt.
Alexa
Lets just replace all IT and functional Digital Advisors with Amazon's Alexa. Alexa please write a machine learning program to produce more oil from Tengiz, drill faster wells in Mid-Con, and also let me know when I am running out of underwear. — read more
My opinion: Change IT Leadership
We need a new CIO. He spent a tonne of money on the McKinsey for Digital Acceleration and all we got out of it was a bunch of consultants creating communications and training materials about digital transformation, a system to report about digital... — read more
Skills Retooling
I asked my IT supervisor if she planned to retool herself and learn programming. My IT supervisor said she would rather get a package then have to learn how to code, hence thats what the leadership chapter is for. So much for fostering a "growth... — read more
To folks in IM, IRSM, Infra, or BU IT wondering if you have a job...
To those in IM, IRSM, Infra, or BU IT wondering if you have a job, best advice I can give you is stop waiting for the numbers to come out for what % each job group will get cut and instead just start looking for another job cause statistically your... — read more
The healthy way to accept layoffs, and anything in life (Covid, Layoff, divorce etc)
I read these posts and I see most of the posters are in the first 4 stages of change. 1 Denial : This can'r be happening to me. But I feel fine. layoff is no big deal things could be worse 2 Anger: Why me, It's not fair. How can this be... — read more
Anyone know the rules for R3 write in candidates?
Will they write in candidates for weak slates and for folks left standing (that may be the best candidate)?
Layoff preparation
Layoffs are not unusual, consequences of bad economic climate, decline in business etc Using layoffs to adjust demographic ratios is not usual or right either For some to win (increase in representation), some have to lose (decrease in... — read more
Life after Chevron
I left in 1Q2020 knowing that cuts were coming in 2020. At the time, Wirth, the GMs and the sponsors were planning for a 10-15% reduction, upstream Opcos consolidation based on asset class, and a retooled ETC. I could not justify staying as CVX was... — read more
EOI - remaining annual vacation buyout?
Just checked my EOI for R3, and the severance payout date is very tight to push until 2021. Beside playing with date of submission during the 60 days of signing the release, is there any other options to delay the process?
Do PSG 24s really have a chance in round 3?
Met with a job owner recently and he kept talking about how this was an optional round for me. I have the right skillset, high scores, and am well regarded. Worried they’re going to pass me over because I have another chance (in theory). Any... — read more
Anyone having Texas Unemployment Issues? I was told that Chevron type severance is not considered "In lieu of pay" .
Just received a letter from Texas Unemployment that I was disqualified for unemployment for a year because of the severance pay. I was told and thought I saw in some old threads that Chevron's severance was considered a "buyout or something" and not... — read more
Today talk with asset class directors
What was the point? All I heard was BS. Just repeating same buzz words with no clear path forward, is the BS ing the pass forward to get promotion? It was total waste of time to listen to those clowns!
Appropriate Salary by PSG
Can anyone share the standard salary range or a C.O. of 100% at each PSG level (U.S. based)?
Why won’t people EOI?
I’m on a team that’s being cut by 20%. We have a couple of late 50s early 60s folks. Still trying to figure out why they don’t want to EOI. They’re already millionaires and have grown kids out of college. No plans to work more than a few more years... — read more
This is a Farce!
Why bother with this bs? The job owners already have preferred candidates. It’s so bad that they’re telling people who want to apply to not waste their time. What is the point of any of this? Why are they torturing us? Why not do a nice clean... — read more
Will all or most Triple Crown Jobs be transitional in Round 4?
There is a rumor that the company is rushing us to complete this TPS EFI this year as soon as possible so they can achieve "optimization" within the eventual support of this on Chevron's cloud. However, anytime management says "optimization" it... — read more
Most Stable Part of the Industry At A Major Oil Company- Midstream, Upstream, Downstream?
Just wondering what you guys think is the most stable part (less frequent layoffs) of a company at a major oil and gas company- Shell, Exxon, Chevron, BP Etc
ETC selection event
Hello. Apologies if already discussed. Will ETC layoffs typically happen throughout the selection events? Or will it all wait until Oct 1?
Chevron success is based mostly on quality of its assets and then on delivering value from those assets.
Asset portfolio is determined by our execs. Value efficiency is determined by our execs. If Chevron has declined in value generation over the last decade then the problem is not lack of leadership, effort or skills at the front line level, But it is... — read more
Leading Performane
JJ and his people are all talking about it like it’s going to magically fix the dramatically poor management we have had through the years. Can someone explain to me how this is going to fix anything?
JJ is completely out of touch
This man has lost his marbles. J posted a video of a guy playing the saxophone next to a pipe. What does the workforce need in this time of extreme stress as people are posting for their jobs? A funny video. That will cheer them right up; mission... — read more
Chevron is a solid company
but the very attributes that make it stable ( access to large low cost resources in Permian and Tengiz) make it less attractive for employees. The company does not need a large pool of high cost technical employees going forward. It is going... — read more
Non compete
Is there a non-compete clause in the severance?
Cobra Coverage
I took early EOI and my last day on the payroll was 7/10. I haven't received my Cobra paperwork yet. I believe they have 44 days to send it. Any others out there in the same boat?
With a little help from my friends.....
I've read a number of CVX posts that are insensitive and offensive. I hope these 'contributors' are not my colleagues, whether I'm at Chevron or some place else. If you have any potentially useful information, share it. If you move on to something... — read more
T-68 Days Round 4 Notifications Start
A little over two months left to the main portion of this maddening event. I wish you all luck, mental and physical health.
There is life after Chevron
My fellow Chevronoids, just grow a pair and get out while you still have time. I didn't even wait for the EOI. Just took a job at Spacex propulsion division in LA. Mechanical engineer here. Great salary, tons of stocks and relocation paid for. ... — read more
Should I be bummed about having a job but maybe not my current one?
Round 3 candidate and was told that given the number of employees to roles, that I may not be successful in keeping my role. However will be a strong and likely candidate for two other roles. Same pay grade. However I am not feeling good about... — read more
Layoff after Layoff
How many has this been since 2013? Seems like they just cannot figure out the "right size" organization you hear them say every time they have a layoff.
Severance payment tax implications
Appreciate any input on the difference in our tax implications for severance payout in 2020 versus 2021. Why CVX push for severance payout in 2020 instead of 2021?
San Ramon folks: Are we going back to the office before 2021?
Or will we be like Google and be remote until at least summer 2021?
The process is confusing
What kind of screwed up process is going on here. The reorganizations that I have seen in other companies just happen in one week and are not dragged out for weeks like it is here. It seems like a very stressful situation for all of you. Good... — read more
R3 IT
Rumor is that it’s brutal? ~180 roles for ~250 people? Close to 600 people can apply globally if you count 24s? How bad will R4 be?
Contractors
So glade we are saving some contractor while we lay-off employees who have sacrificed so much to be loyal to this company.
Chevron? What Oil & Gas Companies Do to Save Their Dividends
It really seems like Chevron and other oil & gas companies are far more concerned with pleasing their shareholders and protecting their dividends than they are about protecting their employees. Here is an interesting article I found on the subject:... — read more
What Should I Do With My Money...New Hire Tips
Hello been working at CVX for about a year. I am a 23 yo engineer grad 2019. I paid off all my debt from school last year. I make 99k a year. Apart from saving my money how can I retire early. Any tips help. Thanks
Does anyone have Round 3 job details to share?
Since only people in scope for Round 3 have access to details, can anyone share what they have learned from the jobs that were released this morning? I’m in Round 4 and I’m curious what the PSG ranges are for Managers vs Team Leads, what kind of... — read more