Apparently it's Boston Consulting (BSC), friends of CEO, who recommended the crazy layoffs so to keep the high dividends going. If lower management will not layoff, then BSC is ordered to fly in and do the layoffs for them. In return, CEO is provided... — read more 

Heard inside info that 90% layoffs wave one will begin in January

Has anyone heard that John Watson just received $40 million this year after all the bad decisions he'd made?

Billions of Barrels of Oil Vanish in a Puff of Accounting Smoke http://www.bloomberg.com/news/articles/2015-12-10/billions-of-barrels-of-oil-vanish-in-a-puff-of-accounting-smoke In an instant, Chesapeake Energy Corp. will erase the equivalent of 1.1... — read more 

At $87 per share Chevron is valued at a forward PE ratio of over 25. All with oil prices hovering around a seven year low and without any stock buybacks. Shell has a forward PE of 12.5 and XOM has a forward PE of 19.1. Chevron has in the past 5 or 10... — read more 

http://www.cnbc.com/2015/12/08/cnbc-exclusive-cnbc-excerpts-chevron-ceo-john-watson-speaks-with-cnbcs-brian-sullivan-on-power-lunch-today.html

It is only obvious that the financials of Chevron are deteriorating rapidly day after day with plunging oil prices. Yet no words are spoken by management about any impending layoff plans which is only a matter of time as the 4th quarter financials... — read more 

It's interesting that despite the GOM Property sales being completed two days ago, and all GOM Employees notified two days ago, there have been no negative, derisive, or detrimental posts here. That tells me that most if not all of the garbage that... — read more 

Finally, all the dead wood is heading out the door! So long, you lazy, backstabbing, petrified forest!

Houston energy company gives out $100,000 bonuses to all employees Nov 9, 2015, 9:12pm CST http://www.bizjournals.com/houston/morning_call/2015/11/houston-energy-company-gives-out-100-000-bonuses.html Olivia Pulsinelli, Senior web editor, Houston... — read more 

This is the general page for the City of &Houston and there are no layoff comments

With all the mandated expense cuts and layoffs going on, has any Business Unit or Work Group eliminated or drastically changed its policy on Holiday parties and off site luncheons this year?

Chevron currently has 14 open positions listed on their job search. Several of them were just posted on the 7th and are only open for 1 week, which probably means they already have someone for the position but have to post it for legal reasons.

What do you think?

Anyone knows how the unused vacation is paid out? Today I received my last check :( But no unused vacations was included. I know I should ask HR, but find it more therapeutic to hear from this board (when the posts are not about gloom and doom)

Since Chevron will be wanting a lot of these folks back over the next 2-3 years, why not just implement salary cuts of 20-25% across the board? It would be the rough equivalent of cutting 10-15% of the workforce. Most of the folks I know in the... — read more 

There is a lot of survival politics at play all around in Chevron now -- a symptom of the underlying fear. examples: bosses trying to portray themselves smarter than their subordinates or trying to downplay the achievements of subordinates in the PMP... — read more 

It's been awhile since I saw these so not sure if they have been updated, but I seem to remember the below $45 case simply said "Danger" in place of the % headcount cut required. So, I guess we will be at "Danger" throughout 2016. Has anyone seen... — read more 

I have been here for several years and have always wondered why so many people wear these backpacks to work everyday. It is so weird. I have worked at many places and have never seen anything like this. It is almost like some kind of cult behavior. A... — read more 

Everyone else here is tired of seeing your ignorant "dead wood" comments. Judging by your lack of grammar and spelling, it is clear that you only use "dead" and "wood" because both are 1-syllable words, and are easy for you to pronounce. Hell, we... — read more 

I've had to take on a second job to make things work. We should all be looking for secondary sources of income like this example.com/1ToLeN2 happy holidays.

Toothless lions meeting. Very likely to stay the course. Will drive oil prices solidly into 30s. Big oil needs to transform itself.

Please share your observations without any names attached. It is high time this gets exposed.

Any truth to the rumor that the GOM and MCBU ROMs are being merged into a larger CNAEP ROM that will also include DWEP and SJV?

How veteran Roger Pierce pioneered the industry with $237k profits: The man behind Auto Binary Signals - Roger Pierce, has just uploaded not only proof of his $59k weekly profits... but videos of live trading showcasing how his students are easily... — read more 

the next round of layoff (6000-7000) will cut deep. since pretty much all 3s and -2s are gone it is now time to cut he bottom 20%. sounds a bit like Exxon, doesn't it.

And if not, what was the justification for not giving it to you?

Ahhhhhhhh, finally we are getting rid of some dead weight around here!!!!!!!

Can anyone share what the approximate monthly health insurance costs are for a single person if you elect to go with COBRA after your Chevron paid benefits run out?

Schlumberger cutting 10K - just announced - See the SLB thread here: @EJ9S5zv

Oil-field service kingpin Schlumberger (NYSE:SLB) sees two clear trends emerging: Oil prices will rebound in 2016, but oil-field service activity will not. That's largely due to Schlumberger's view that drillers will begin to hoard cash when oil... — read more 

In my last post, I discussed some of the issues that the recently departed may be facing. I then recently realized that I have neglected to address some critical areas in which those who are still with Chevron, but fear may be leaving soon, need to... — read more 

Any word that the north american unconventionals will be relocated to Houston? CBU, AMBU and others? Havent heard too much about those guys lately.

Just saw this, helps figure out what topic had the last reply (it'd below the big blue button "reply"): https://www.thelayoff.com/chevron/active