How has life for folks who have retired from Chevron since 2014 ? . Happy, Bored, financially Secure or Starting to miss the Paycheck ?
WSJ article relates to job cuts Updated Oct. 28, 2016 1:58 p.m. ET
...Pressured by the prolonged swoon in oil prices cutting into profitability, the San Ramon, Calif.-based company has looked to cut costs. Chevron has said it would cut about 8,000 jobs—up to 12% of its workforce—and slash billions of dollars from... — read more
3rd quarter results
What to expect? Hopefully no more layoffs for this year.
Chevron increases quarterly dividend by a penny
I guess the key is to be able to say down the road we increased the dividend every year, even if the whole company needs to be burned in the boiler to make this stream. Hummmm ... Let me guess what metric defines top level management bonuses.
Down played CVX experience
I was let go in July. I got a better job last week by downplaying CVX experience. I told the interviwer CVX is a crap company who let go good pople. I also said CVX is soon going to be in big mess as it invested in major projects assuming $90 price... — read more
ROM / Layoff in 2017?
Heard a rumor that there will be some significant headcount reduction in 2017. Anyone know more about this?
Thought of the day
Insanity in individuals is something rare. But in groups, parties, nations, and epochs it is the rule. - Friedrich Nietzsch I would add "annonymous layoff blogs" to that list
Richmond Refinery Upgrade
So I read today that Chevron, aka 'The Chev' will spend 1 billion dollars to upgrade the Richmond Refinery (in California) to meet the gasoline requirmeets of that state. It seems that the land of nuts and fruits has unique gasoline blends to meet... — read more
GOMBU Shelf
So last of the shelf is being sold, nvr mind all our efferts. Wonder how much they got for selling us out to Cox and Arena. How can they make money and we cant? M-F-ers
When will CVX go bankrupt
At $50 oil price it will take 2 years for filing bankruptcy in my opinion.
FLU SHOTS!
What the hell am I missing? Charging $21 at the office for a flu shot!? We can go to a free clinic, or a retail clinic for $9 or free with insurance. Chevron should expect high absences due to flu this year. This is beyond ridiculous.
Land at Chevron is largely a joke
I work with CVX from time to time on onshore and offshore JOA issues. That land department is a clown show and has been for years. Some of these people have been around since the dark ages and have no idea what they are doing or any concept of Ops... — read more
Any news on the progress of South Asia asset sale (gas fields of Bangladesh)?
Chevron needs to get to that $10B in asset sale for 2017 to maintain its dividend. Where do we stand now?
Enjoying My Laid Off Time
Well here I am traveling up the east coast visiting my family and old friends. Been to New Orleans, Starkville Ms, Greenville SC, and Washington DC. Today I drove on the Skyline Drive on the Blue Ridge Mountains, through Page Valley, over Massanutten... — read more
Contingent Labor Management Implementations
why is the enterprise spending so much money and wasting resources when there is no clear global category management position where standard job templates are concerned, the enterprise team is does not listen and keeps claiming that the same... — read more
Too Little, Too Late
Well, the price of oil is up to $51.74 today. Just think, if all of the MCP's, especially Gorgon/Wheatstone, had not been so screwed up by Chevron management, many people would not have been laid off. The Permian basin is projected to produce over 2... — read more
Hey all you laid off CVX engineers, guess who just posted a Res Eng position?
https://jobs.chevron.com/job/Houston-Reservoir-Engineer-Tight-Rock-Unconventional-Texa/370271100/
What are some better companies than CVX?
Looking to jump this sinking ship. Anyone know of other companies with similar pay and benefits?
Trouble in Angola?
Who would even buy Sonangol's share? http://www.makaangola.org/2016/10/the-chevron-ultimatum-sonangol-has-one-week-to-save-itself/
Bridges Program for Retirees
Anyone got any experience with the bridges program for retirees ? Is it a rarity to be engaged in this way ? Just curious.....
Forced ranking this year. Another round is on the way.
Forced ranking this year. More layoffs on the way.
What's the news in ABU?
What's the news in ABU?
ITC is a Billion dollar joke!
ITC spends about a billion dollars a year. With Chevron struggling, these IT idiots need to stop doing upgrades and rolling out new "crap". Don't f..ing spent money on things that doesn't add value to the company's bottom line. No one from the... — read more
Chevron becoming lean by sale assets in Asia.
http://www.bloomberg.com/news/articles/2016-10-11/chevron-said-to-seek-2-billion-in-sale-of-bangladesh-gas-fields
Get Ready
Next round of lay offs round the corner. Get ready to leave in style from an abysmal company.
John Stumpf Retires from Wells Fargo
This guy is gone because of bad PR - blaming the regular employees and holding the management innocent of wrong doing. How long before JW kicks him off the Chevron board? Who will replace him?
SJVBU Cemric hiring contract operators for HO and union operator positions
How can they do this and does this entail future down sizing?
cvx bonus
My last date in CHEVRON was 30th June 2016. will I be paid bonus next year in March for six months I am eligible for if Chevron pays bonus to all employees? i need to use this money to pay off additional tax that i have been hit with for owning CVX... — read more
Paperwork for pension
Once you call and request the pension paperwork, how long does it take for Chevron to send it. Also , is it sent by regular mail or FedEx/ UPS .
PDC
Anybody hear anything yet?
The new Anthem Blue Cross medical Administrator Company has BIG Problems! The Company has been hacked and your personal information is at risk,
My daughter and several others I have spoken with use to use Anthem Blue Cross, This is the new medical plan we all are going too, instead of United Health. Anthem was Hacked and the hackers have all the personal information, Everyone's SS# and... — read more
Stock market crash!!
Will be Oct. 14 or Oct. 17th. Take that to the bank. No new top and megaphone pattern predicts convergence. get out now!
Bay Area Livng
I know many folks who have retired from Chevron live in the Bay Area. I also know Real Estate is very expensive, but if you have a paid off house and no debt, will 50k per year be enough to live comfortably , no kids, just husband and wife ?