I come to this site periodically to check the waters on any pending layoffs but mostly all I find are long-winded threads on other unrelated topics by people who have secure jobs and apparently nothing to do with their time. Many are complaints about... — read more
SCM announcements
So SF finally retires and we see some good opportunities open up as JG fills in, brings hope to our early career folks. Who to GOM. And so forth?
MW budget cut email?
I hope this email finds you well. As you may already know, we are facing significant budget cuts due to recent market fluctuations and economic downturns. In order to ensure the long-term success of our company, we will need to explore creative... — read more
GOMBU Org... still waiting...
It's been several months and quite a few "fireside chats" and there still is no new, efficient, factory-supporting org released. Anyone have any insight into what's taking so long? Maybe we just want to keep paying consultants?
Hey Mike - What’s Plan B?
Exxon running circles around us. Not only do they prevent us from getting the Hess assets, they tied our hands for any M&A until 2025. Checkmate Mike! Good thing that salary keeps going up. Someone get an OE PowerPoint... — read more
Fluff all around
I used to think I was above the corporate jargon parade. You know, the lofty phrases like 'one team', 'agile mindset', 'leading performance', and so on. It was all a bit of a joke until a restructure rolled around. Suddenly, a new GM and her team... — read more
Houston Modernization
Anyone catch that the groups under the new modernization plan get two days in office and two days at home? Will that work its way to other groups as well? Or will they keep tracking my badge swipes for three days a week? Seems equitable…. Smh... — read more
Makes one feel excellent about ones recent raise
https://www.reuters.com/business/energy/chevron-ceos-pay-rose-12-265-million-2023-2024-04-10/
Leadership Changes coming
When MW says change the leaders or change the leaders, when is he going to do either?
Huge Increase in IRS Rates
Say good bye to those high pensions folks. https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates
Welcome the new CIO
Good Luck. Expect his buddies to start showing up soon. https://www.linkedin.com/in/les-copeland-6b158918/ https://www.thelayoff.com/t/1rImhzUw
Huge Corporate Announcement Today!!
So we change the name from PSCM to SCM and it warrants a corporate announcement - “What’s in a Name Change”? This is one more indicator of why/how our company’s focus and priorities are WRONG and why our competitive position follows……the last 5-6... — read more
We are a top 10 producer!
Chevron was named 8th in the world in terms of CO2 emissions in a recent study. We are even dirtier than PetroChina, amazingly.
High value opportunities
I was just removed from my team, and they placed me to a group that "services" executives. As a middle aged man, I'm looking forward to this opportunity. G--4Pay
Looking for Affordable IT Staff
I'm a sub chapter head in IT and the budget is just so very tight now days. Can barely afford the staff we have. I feel like IT doesn't have a dime to its name. Is there a cheap place I can find workers. I waited in the Beat Buy parking lot to see if... — read more
Houston Unassigned
A few of our groups going to unassigned. How's it working for those already doing? Office does not look full anyways so wondering if there has ever been a case where you don't find a good place to work?
S&T and CNE
Looks like PL is replacing JK, very sad situation for JK. BH from CNE moving into CSAT. BH not being replaced - sounds like they gave her scope to the CCUS guy, the external hire? Not sure what to make of all of this. I guess CNE is being slowed... — read more
Return to the office, remote work, and hybrid work discussion
Interesting podcast on this subject. Young people want to be in the office to get the in-person interaction. Mid-career people want to do more remote work due to family obligations. A hybrid schedule—three days a week in the office—seems to be the... — read more
AI may replace earth science staff
Chevron has hired Ellis to develop AI for seismic interpretation and earth modeling. Supposedly, it can do in a week what would take a team of earth scientists the better part of a year.
Planning to turn in notice on Friday
Anyone ever receive a counter offer? Wondering how to handle if I do receive it.
Bill Braun?
The announcement seemed very sudden. What happened here?
OK, so where are all these layoffs? Haven't seen anything yet?
For all the chatter around layoffs coming, I'm yet to see anything materialize to date?
Where’s our incentive
While looking around at the company, there are overruns at TCO, fines in California, permitting constraints in RBU, assets sales in CBU, ABU can’t get it together, all while management looks to MCBU to bail out the company. Where is our incentive to... — read more
SBS IT leadership changes
BB elects to retire and replaced with external hire with an extensive (impressive?) resume in Fortune 50 companies.
It's sad what Chevron has turned into
Working hard used to mean something here. Knowing how to do your job well used to mean something. Having experience used to mean something. Today, if you are not part of one of the cliques (mostly consisting of a-s-kissers and yes-men), you can... — read more
Exxon takes our lunch money
God I’m gonna enjoy this. This is what competent looks like fam. https://oilprice.com/Latest-Energy-News/World-News/Exxon-Is-Sure-It-Has-Right-Of-First-Refusal-In-Spat-Over-Guyana-Oil-Assets.html
Better and better : Now Cnooc files for arbitration !
Revenge is a dish best served cold … After Chevron swoop away Unocal from Cnooc. https://worldoil.com/news/2024/3/21/cnooc-joins-exxonmobil-in-chevron-dispute-over-oil-rich-guyana-reports-profit-decrease-as-production-grows/
70 Chevron Calif spills?? $13MM fine.
"CDFW documented over 70 oil spills between 2018 and 2023 in Kern County attributable to Chevron, which accounted for more than 446,600 gallons (10,633 barrels) of oil spilled, according to the report..". Chevron has reported they are "discontent... — read more
Layoffs & Burnout Workplace Post
Did anyone else see the Workplace post from a Finance Houston colleague who has been laid off? While writing such a post on Workplace might not have been the best move, what he described about the constant stress, anxiety & depression caused by the... — read more
HESS Disaster ... Thanks RM
CVX Market Cap: ~300 Billion$ CVX Current Oil Production ~ 3 Million BBL/day HESS Market Cap: ~ 45 Billion$ We are Paying ~ 60 Billion$ HESS Current Out Production ~ 300K BB/day We are paying 20% of our Company value to buy 10% of Equivalent... — read more
Who's Next - Part 2
YTD Return: CVX: 4.26 % XOM: 12.17 % Source: MarketWatch.com ++++++++++++++++++++++++++++++++++++++ Who's Next ? How about the board of directors. Check their resumes. Ever hear of Maximizing ShareHolder Return ? All shareholders hear about... — read more
Who’s Next?
If EB is tainted by FGP, does that make NH the default MW successor? Is JG even still in the running? Is MW going to be around for the next 10 years until the next class of C-Suite material matriculates? May be a good indicator of where the ax is... — read more
Tough Day for MW
https://thepostmillennial.com/climate-activists-disrupt-chevron-dei-presentation-to-accuse-ceo-of-mass-mu---r-over-fossil-fuels
TCO Fiasco
It is expected the FGP to cost extra 1.5 Billion on top of the expected 47 Billion cost. What a mess, how can this project be financially viable after over 10 billion $ cost over run and more than 3 years of delay and counting?
Great job DEI overlord
https://www.gbnews.com/news/us/eco-protesters-storm-stage-confront-chevron-boss https://events.catalyst.org/event/d799d78a-c2aa-4e81-999d-7e4fe8c596d2/websitePage:fde54330-4d93-4135-bdd8-73c573eb1624
Stop complaining!
This is a good company and a good job. If you're not happy here, you won't be happy anywhere.
Too many employees glamorize overworking
I'm not sure what happened in the last five years or so. I see so many people glamorizing overworking. Like it's a badge of honor if you pull 70+ hour weeks or miss your kid's birthday because of work. When did this become a thing? Working here once... — read more
Appellate ruling orders revisions to Kern's oil permitting ordinance
What would these attorneys do if there was an oil company walk out? How would they conduct their biological diversity work without electricity, heat, and WiFi… Verify for yourself: “We work at every level, from international climate negotiations to... — read more