Screw what's best for the economy, or for the average person in general...is anyone else out there secretly holding out hope that another terrorist attack or 3rd world dictator will send the price of oil skyrocketing again? Sure there will be some... — read more
It might be your head in the basket
It's interesting and enlightening reading the blue badge woes on here. Some of the posters think crossing that gulf of the green to the blue line somehow affords them immunity from practical economic realities. Welcome to the real world! Those of us... — read more
Thank you to all posters for their contributions
Thank you everyone for your contributions on these boards. The name calling, backstabbing, people reveling in others losing their jobs - its all been a great example of the Chevron Way. The pettiness and immaturity demonstrated on this board has... — read more
CIP ???
will there be any CIP this year ?
How many were let go in 2014-2015 excluding those in scope for Project Alpha?
Trying to figure out what's left from the 6000-7000 (minus the 1500 from Alpha, minus X, Y, Z from 2015 CNAEP RAE and 2014-2015 CUE, AMBU, CBU ROMs)
CVX burning the most cash
CVX is second on the list: http://finance.yahoo.com/news/the-25-american-companies-burning-the-most-cash-165846088.html
O&G Price Recovery... 19 million barrel excess supply
http://www.zerohedge.com/news/2015-11-11/biggest-threat-oil-prices-2-mile-long-stretch-iraq-oil-tankers-headed-us As Iraq - the fastest-growing member of OPEC - has unleashed a two-mile long, 3 million metric ton barrage of 19 million barrel excess... — read more
Post Recovery Scenario
The anxiety, from ALL employees, is palpable. A lot of people are in fear of losing their jobs and morale and efficiency are affected. To be honest, some needed to go - they were burnt out and otherwise unproductive. It's a shame though how many... — read more
Oil Scam
More than forty Oil Executives and Drivers Were Just Arrested for a Multimillion-Dollar Scam: "Prosecutors said the trucks were equipped with "diverter valves" that gave fake readouts of how much oil each customer was being delivered"... — read more
Only Paranoid Survive
We can lay off 70% of our existing staff and still stay in business + pay dividend
Noble in a meltdown mode today
https://www.thelayoff.com/noble-energy
Oil to stay under $80 until 2020
www.businessinsider.com/iea-fatih-birol-oil-prices-and-demand-low-until-2020-while-supply-remains-high-2015-11
Oil and Gas Layoffs 2016
Let's see what's ahead of us in 2016, and how many cuts we'll have. Anyhow, 200,000 were laid off in 2015 (by October) - I think most of you will agree that 2015 was a horrible year and that 2016 should be at least a little bit better (everything is... — read more
Why is Chevron such a fun place to work?
Share your stories with us please...
More buybacks, less capex in 2016
Not good, it's all over news this morning. We know this, right...
Game over for Fidelity Exploration & Production Co.
Fidelity Exploration & Production Co. (based in Denver) is exiting the exploration and production (E&P) business and eliminating 106 jobs. Game over.
1,000 Layoffs of Saudi Staff (Kuwait Oil Spat)
OK - check this out - it just got published by WSJ - I am pretty sure this is reliable (link below): Chevron Corp. is planning to lay off up to 1,000 employees working in the neutral zone between Saudi Arabia and Kuwait, as a dispute between those... — read more
Lack of accountability leads to lack of results
If we compare to Exxon, where managers (and employees) are promptly replaced when results do not match requirements, Chevron managers always get the benefit of the doubt to save everyone any embarrassment. Management looks around and see their... — read more
How do Roy and Scott sleep at night? Why are they still here?
Gorgon was touted as the showcase project for Chevron to demonstrate superior project management skills and rebuke analyst complaints that we didn't deliver what we promised. The head of PRC was redirected to run ABU, and the PM of the over-budget... — read more
Article a kick in the balls for PRC?
http://www.bloomberg.com/news/articles/2015-11-05/at-27-billion-mining-in-space-could-cost-less-than-a-gas-plant
I declare this downturn in O&G to be over
Overall, oil prices are responsible for 101,383 job cuts so far in 2015. A number of companies, including Chevron Corp. (NYSE: CVX), Halliburton Co. (NYSE: HAL), Baker Hughes Inc. (NYSE: BHI), and Schlumberger Ltd. (NYSE: SLB), have experienced... — read more
Going, Going, Gone!
GOM Shelf Properties a done deal, dotted line signed etc etc yada yada, the domino has fallen.
Record Layoffs
Employers have now announced 543,935 job cuts so far in 2015. That is 31 percent more than the 414,591 cuts announced by this point in 2014. The year-to-date total is, in fact, 13 percent higher than the 2014 year-end total (483,171)... — read more
October layoffs by oil and gas companies are at a 6-month high
http://www.nydailynews.com/news/national/gusher-oil-industry-layoffs-hit-6-month-high-report-article-1.2424604
Chevron San Ramon in a nutshell
SR folks either report data, enter data or look at it all day. Value added = 0
New York investigating Exxon
New York investigating whether Exxon hid what it knew about climate change
Nepotism?
So, I read of claims of nepotism frequently on here. Surely not? I'll be honest and have met a few folks related to current and gone VP's, etc. GENERALLY, they seem decent and hard working folks.
Lots of fat left to trim in the next round -- if they care to do so, after they let lots of good people go
It's a shame that Chevron let go of lots of productive employees in the first 2 rounds this year. There are instances of total shock and amazement when we hear the the names of certain employees being let go. We don't know which planet Chevron... — read more
Chevron Layoffs 2016
What is the likelihood of Chevron layoffs in San Ramon in 2016? Please let me know if you have any information.
Black and white! Plain and simple!
Keeping the value of the dividend up is priority over CVX employee moral. F it! Kick us while we are down. I hate you anyway Kyle! Eat a d!
430 laid off out of San Ramon 70 out of Richmond
http://www.edd.ca.gov/jobs_and_training/warn/WARN-Report-for-7-1-2015-to-10-25-2015.pdf