Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Wells layoffs

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 

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| 1520 views | | 4 replies (last September 4, 2020)
Post ID: @OP+16Ao7SYu

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 

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| 2670 views | | 9 replies (last September 9, 2020)
Post ID: @OP+16Aspap1

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 

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 

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| 2960 views | | 6 replies (last September 3, 2020)
Post ID: @OP+16zFLPOK

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 

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?

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 

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 

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?

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.

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 

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