Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Green Screens

I really enjoyed MW’s fake green screen video with background noise to make it look like he’s just casually recording a professionally lit video from the pandemic nerve center in a room full of people. No doubt he was safely in his office.

How Long Will This Last

Here is a short part from a Bloomberg news article today. Lots of jobs will be lost in the oil industry. The upside is that you will not be alone. Saudi Arabia and Russia Dig In for a Long, Bitter Oil-Price War (Bloomberg) – Saudi Arabia and... — read more 

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| 2150 views | | 9 replies (last March 11, 2020)
Post ID: @OP+13UQU5Sq

Expats

How many super highly paid expats with their zillion allowances are out there? Each expat is at least a million dollars in cost. Eliminate 500 expats or move them back to their home base where possible. That is at least 500 million bucks. Could be... — read more 

Historic buying opportunity

As a new hire I keep hiring: "Historic buying opportunity"... Would someone experienced be able to help me understand why most people feel this way. I do not have much money saved but I'd like to start investing now and any suggestion or advice... — read more 

Stock Price

Chevron stock down $10.79 to $84.50 in premarket. Time for senior management to implement plan b panic mode. This situation will not end quickly.

Here Is The Latest Saudi Oil/Stck Market News

S. stock futures, crude oil prices tumble on price-war fears Dow futures sink 900 points late Sunday as crude prices plunge more than 20% S stock futures and crude oil prices plunged immediately after the start of electronic trading late... — read more 

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| 1300 views | | 8 replies (last March 9, 2020)
Post ID: @OP+13SN27Zq

GOMBU donezo

With oil approaching less than $40/barrel, it's guaranteed that GOMBU will be closing it's sh– doors. Congrats to all of the sub-prime scum that made it past the 2015 layoffs, now is your time. Congratulations!

WTI Down Big Again

Well, WTI futures currently down to $43.88/barrel. DOW futures down around 500 points. Everyone knows that by the end of this year someone they know will be out of a job in a shrinking industry. Russia is not agreeing to an OPEC production cut... — read more 

ETC Townhall - a new low

That was probably the worst town hall I have seen in about 20 years. No information and a bunch of talking heads who spoke mostly drivel. Employee morale hit a new low after that hot mess.

EOI flexibility

The EOI is available to BU/DEPT management thru the end of 2021. Its not going to happen all at once and can vary by employee with each department. Its to be used as a management tool where needed, especially where must move AMBU employees are... — read more 

EOI

I was hopeful to hear more about the EOI by now. Especially with AMBU having their lay-offs in April. I thought they might want to find a few volunteers that are willing to be displaced by those anxious and Nervous AMBU employees that are willing... — read more 

Lack of PSG increases?

Despite multiple 2+ rankings, I was told by my supervisor there were a VERY limited number of PSG increases at the end of year. One would assume this has to do with the EOI. Has anyone else heard similar?

April layoffs

In case somebody missed it. "Chevron Corp. will be launching a round of layoffs beginning April 6 as it sells its Appalachian natural gas operations, according to a WARN notice the company sent to the Pennsylvania Department of Labor & Industry... — read more 

2015 Coming to You

Big time layoffs this year. Gloat and brag all you want. It will be a wonderous day to behold.

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| 3330 views | | 12 replies (last March 6, 2020)
Post ID: @OP+13LcsgrL

company wide EOI reductions. predictions

we continue to hire..currently 100 plus postings in North America..a new position created a few years ago called "Advisor" and always comes with a hefty PSG and no accountability to the bottom line. Where is the disconnect in our company?

EOI in staying

Without knowing what the new detailed structure will look like, betting on leaving is just as dangerous as betting on staying (and risking the outcome of the massive reorg that is coming). 5-6 months will likely pass to adjust for the market... — read more 

DOW and Oil Futures Down Again

So far this morning, DOW down around 300 points and WTI down around $1.57 to $45.52/barrel. Face it, the headcount reduction numbers will be steadily increasing the longer this virus c-ap goes on.

Expression of Interest date

Any info out there on when last day of employment will be if EOI agreed to. I'm hearing there will be a great deal of flexibility, varying from BU to BU.

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| 2760 views | | 8 replies (last February 29, 2020)
Post ID: @OP+13Ibphkr

Coronavirus hou1400

I no see any correspondence on this matter but it was reported an engineer on the 19 level recently traveled from northern italy and he was seen by medical at the hou1400 clinic he was cleared and asked to go on quarantine Chevron should be... — read more 

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| 5070 views | | 24 replies (last March 7, 2020)
Post ID: @OP+13HO1bHy

Let’s play count the consultants...

How many teams of consultants do we have? And where? Let’s make a list. I’ll go first... D2D- McKinsey Functional transformation- BCG Upstream evolution-BCG Imagine IT- BCG Downstream strategy- Deloitte Where else?

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| 2570 views | | 8 replies (last February 28, 2020)
Post ID: @OP+13H0XVZR

Coronavurus...we have been warned it’s coming

Do you think for a minute the company has thought about this and how it might handle business? Travel is still allowed everywhere but mainland China. I guess you can’t expect Chevron to be forward thinking... we have such a diverse work force it... — read more 

Chevron now a "Has Been"?

Stock price been c-appy past year, no or very little growth. Is Chevron on the way to becoming another XPOM, both bloated behmoth oil companies. Is it time to get out of Chevron?

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| 2690 views | | 9 replies (last February 26, 2020)
Post ID: @OP+13Eh0tSI

New PMP

The new PMP has to be a HR joke. They have literally kept the worst part of the PMP, that we all hated and done away with the only objective part of it that worked. Does HR live on another planet? Do they not actual understand the business we work... — read more 

When the CEO has no clue on how running an E&P company

R TO R ratio is 44% for the past year lowest of all majors, MW is so into digitization and transformation that is missing the main bread and butter all companies need, reserves, instead he is pulling out of countries and cutting costs only. Embrace... — read more 

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