In other news, CEO Michael K. Wirth sold 164,600 shares of Chevron stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $160.13, for a total transaction of $26,357,398.00

Expecting a new job offer on the table soon. Pay slightly higher than CVX. Similar benefits, etc. Should I turn it down and wait to cash in that EOI and then look again? Hate leaving the cash on the table…feels like giving them what they... — read more 

if you accept EOI, what is the typical package been historically? And what is you're laid off even if you don't accept EOI?

Through out the entire DEI program, save $$$ there and the rest will fix itself!

What impact will the upcoming layoff announced have on the CIP? Does anyone think differently about their CIP guesses?

Chevron’s 2025 capital budget is about $2 billion less than its 2024 budget. https://stocks.apple.com/AyY6Kk64bTruuYn8rY1gqew

There’s no way they actually execute on $700-900 million in layoffs this quarter, so why put it on the books already?

I know it's early but does anyone know where the EOI will be? Mikey said something like "some locations" - I'm guessing US only?

If you have been in charge for years at any level and now the mantra is a cultural reset surely it is you, dear leader, who is the problem? The bloated org structures, poor processes and lack of direction are not revelations to anyone nor the lack of... — read more 

Can’t wait to what new heights of apathy and complacency we hit in 2025. My boss is already so deeply checked out. And I’m doing only the bare minimum until I found out if I have a gig. Just coasting until k smash that EOI button

Before any layoffs occur the BOD needs to fire MW and all around him. They led us to this place with the constant cost cutting and no vision. The company is finished if the BOD doesn't see that MW and his rotating consultants all saying to layoff... — read more 

No matter what we do, the street doesn’t care. If cost-cutting and org restructuring is the only tool in the toolbox, the company is heading toward a dead end. Chevron (NYSE:CVX) shares are little changed post-market Thursday after the company said... — read more 

We actually have lives, we need money to pay the bills, we all have families and other obligations to take care of. Is there a reason why everything is being dragged out like a bad soap opera? We get it, there will be layoffs, so how about they spell... — read more 

There you have it Layoffs, EOI Merry Christmas!

Well today is the day for some kind of big announcement….. I wonder what it will be….?

If the goal is 600 by end of 2025, they need to get started. Looks like there’s still the same 50+ postings up on the career site.

Tomorrow is the last day with Chevron for most of us in CBU. While I am sad that I’m not leaving on my own terms, or with any choice really, I do appreciate the time I had with this organization. I came in at a good time and was even able to do some... — read more 

Quiet reorg just snuck by under the radar. Over 100+ people in downstream marketing or GCX left standing. Many in SR but global locations also. Employees given very little notice, less than a week to ‘apply’ for new jobs, reps often didn’t even know... — read more 

GLF got an update today. Board meets tomorrow. GLF meeting Thursday at 9am CST. What’s the announcement?

From everything I've seen CES Results are awful this year. Themes like high stress and burnout, tired of changes and layoffs and a demand for ELT to take accountability for their failures. For those in management circles what is being said about this... — read more 

Look what Stellantis (Chrysler/Jeep) recently did when it became apparent that their CEO only knew how to cut costs at the expense of everything else. Is there hope for... — read more 

Motivation to find a new job, that is. I'll take it.

And I’m frustrated about it, because I know I’m not doing extra hours towards my own career but rather Chevron’s offshoring, reorg and layoffs. Who knows if I’ll even be in the picture this time next year.

BP, Shell and Equinor have all shut down renewable investments and sacked staff. Esso never had any in the first place. We will be the only holdouts. We have spent over $1 billion and have nothing to show for it save some greenwashing press that... — read more 

I’ll keep giving it my all when I’m certain I’ll still have a job the next day. If they wanted to create an unhealthy, stressful environment, they’ll have to deal with the consequences.

Everywhere I look they are bragging of anchor and technological advancement. Come on guys we just told the manufactuaring contractor the specs and they made it happen and made pipes and valves that can handle the expected pressures and temps. Do they... — read more 

Can anyone else relate? PSG 23 since 2020. No consumer debt… cars paid off, no credit card bills or any of that. Just a mortgage left. In 2020 housing (mortgage, property taxes, insurance, utilities, ) etc was 25% of gross income. Was maxing out... — read more 

It might not be popular to say, but I've worked at several other O&G companies, and Chevron is the best one among them by far. It's not perfect, but it's better than many. That's why I worry so much about being laid off and why I'm so thankful to... — read more 

And not talking about people from Texaco or Unocal. They are part of the Chevron culture problem by now. We need real change and leaders. Have not seen much from PDC or REG but Noble brought many good leaders. However some of them have left by... — read more 

A friend of mine at Shell said the layoffs are finally over (for now) but it was brutal and he lost a lot of mates. Shell the oil and gas giant, is planning to cut down its workforce by 20%. The job cuts are anticipated to affect the oil and gas... — read more 

Productivity is shot, and no one’s doing much of anything. Everyone’s stuck in limbo, waiting for layoffs to hit. It’s draining, and focusing feels impossible while juggling job hunting and interviews. Morale couldn’t be worse, and the tension in the... — read more 

Are there going to be any job cuts in ABU asset development

I've heard rumblings that RBU is due for a big announcement with likely re-org. Who's got the tea? Spill it!

My guess is that my teams feedback will not make it to the CEO so I am posting a summary of that feedback here. Chevron employees are feeling increasingly uncertain and disillusioned with the company’s direction. Many are concerned about potential... — read more 

Will Chevron roll back their DEI programs or forge ahead like Jaguar corporation???

I realize we still have one more quarter of results but let’s hear the speculation. My guess is 1.1

I heard big announcements at this coming engagement. Timeline for the layoffs? EOIs are what I’m interested in but any ideas?

https://worldoil.com/news/2024/11/22/occidental-ceo-warns-u-s-at-risk-of-shale-plateau-losing-energy-independence/ I've said the same thing many times - Permian will peak at the end of this decade. After that, it's every person for themselves to... — read more 

Layoffs, reorganization and offshoring that are in plans are costly and will have a far-reaching impact. Low labor costs are not exactly a critical ingredient of successful business. It's ironic for a company with no growth plan and no ideas for the... — read more 

If you’re on the fence about accepting the job offer, here’s some insights: Make sure your lawyer knows about Alberta Court of King’s Bench case 1901 12073. This went to trial last week in Calgary from Nov 18-22, unfortunately they ran out of... — read more