Just saw on local news that the Chevron HQ 92 Acre Campus has been rezoned from office to residential units. The demolition and buildout of the Campus is expected to take about 15 Years. Sniff Sniff I’ll miss you old Chev Park. Just like the old... — read more
Any guess or comments on 4Q2023 Earnings?
With earnings release this Friday, curious on any comments of potential surprise announcements. Anyone willing to share?
Chevron should re-locate its San Francisco Bay Area HQ.
Bloomberg article COLUMN: Chevron should re-locate its San Francisco Bay Area HQ. "Chevron Corp. has a strong a sense of nostalgia about its home base of California. In an interview with Bloomberg Television last week, Chief Executive Officer Mike... — read more
Hybrid attendance
Anyone know how many of us are hybrids? Is this elementary school-style of tracking that is coming in Feb meant to force many of us to quit? And what is the point of RTO, anyway? Quality of work isn’t, for sure. It’s already proven that it doesn’t... — read more
PB retirement celebration!
Any suggestions for farewell speeches?
I heard management will have dashboards to track hybrid attendance
Here comes the choke chains….. This is the surest sign LT has know idea how we work. Their whole job is to walk around and to watch people type. If they can’t see people type, what does LT do? The other aspect is the value of corp real estate. ... — read more
Skill Insight - Layoffs coming 2025?
Forced skill IQ measurement so management can decide what jobs you can do. And maybe to decide who to layoff?
ABU Axe Swinging
Rumour has it that ABU Management are thinking of swinging the axe. Blooted support function that could be offshored immediately saving costs. Watch this space...
Economy outlook?
Looks there is some other economic indication that is not visible to the mainstream/street but most companies are cutting back or going through reorg/layoff, from banking sector to manufacturing to technology, and to oil and gas. Wallstreet seems to... — read more
Massive Shell layoffs include clean energy
MW is lapping up the news about Shell whacking 15% of their workforce including a lot of greenies. It will be a fierce competicion.
Anyone else lose access to the network?
Apparently some IT wizkid deleted thousands of employees MS Azure credentials and now they all have to reimage their machines. LOL!
RTO is not a bad thing
I don’t mind going into the office to work, even with the pain of committing. I can surely get my core work done from home, but I believe the company is more productive when employees have to work in the office. The daily ease of interaction between... — read more
Chevron Delays Kazakh Future Growth Project Start-Up... AGAIN
Never ceases to amaze me that ALL delays on ALL MCPs were 'unplanned'; and I thought Australia was bad. EB removed just before prior delay announcement, no doubt they knew that delay was just the first bit of bad news. Now it's 2025 - what's the... — read more
CBU assets are up for sale.
Yep, it's official. Who is the buyer? How long do we have? Do you think we will be done quick or dragged on by the end of year?
Will AI affect Chevrons back office work force in 24 and 25 and beyond?
With all the AI talk on Business channels and so forth. Are there expectations this will impact Chevrons Employees? Specifically back office, coders and network security? Hec even the base business. Finding oil and developing?
Town hall request for questions
Is anyone really going to submit questions from their work email that actually get to the issues? They say they want open and honest discussion, but that sure looks like a trap to me. You want honest discussion, make an anonymous poll ev. — read more
Hybrid workforce
Just 6 out of 158 U.S. CEOs said they'll prioritize bringing workers back to the office full-time in 2024, according to a new survey released by the Conference Board.
Rumor of 0.5 or less CIP
Holy smokes if that’s true but lots of rumors flying about at the high end it would be 0.5 and likely less.
Any leaders among CEOs?
I came across this funny headline on Bloomberg, “Why Would Anyone Want to Be a CEO These Days?”. Yes, why would they? When s–t hits the fan, nobody wants to be responsible. C-suits do not suffer financial consequences for their bad decisions... — read more
Sports Analogy
In the sports world most of the blame for a losing season is on the Head Coach. Players might be traded or benched but the head coach usually get fired and takes the overall blame. Like in football the our Head Coach should take the blame instead of... — read more
https://energynow.com/2024/01/u-s-oil-and-gas-bo-m-doesnt-feel-like-one-to-workers/?amp
A gloomy piece on oil and gas employment … hopefully it will get better in 5 years or so
Chevron Badge Monitoring
https://www.techspot.com/news/101468-new-research-suggests-narcissistic-controlling-bosses-drive-return.html
CTC changes: what's next?
Any thoughts with recent changes in CTC leadership?
Structure?
Anybody know what salary structure increase is going to be this year?
CNE Shutting Down?
What are the odds on CNE surviving 2025? Let’s face it, no real need for a separate entity, it’s time to move on. Roll any actual project into the appropriate BU and be done with it. Plenty of fat to trim. Great opportunity for the new CFO to show... — read more
The beginning of the end for the permian
The 1MMBOD goal by 2025 is going to require to burn a lot of cash just to not pi-s wall street off Https://www.artberman.com/blog/beginning-of-the-end-for-the-permian/
New year, new name = SBS
Any thoughts on this new Strategic Business solutions nonsense
2024 predictions!
Here are mine: Hess acquisition quickly shows to be a classic case of OG FOMO overpay RBU misses targets, as integration turns into a quagmire and reveals low grade assets. TCO pushes announces more delays and overruns bonuses and raises are... — read more
If you quit before march 7th, do you still get a bonus?
Do you have to stay on until 3/7/24 for receive a bonus?
Target for Layoff's
If there are layoff's in 2024 let's hope this time Chevron does not encourage or push experienced or older people to leave. We need to keep experience for a while after the great exodus of 2020. Layoff target this year should be the lower... — read more
More bad news at CVX…$4 billion writedown in Q4…
“Chevron (NYSE:CVX) disclosed Tuesday it will book $3.5B-$4B in charges for Q4 on some of its U.S. upstream assets, primarily in California, citing regulatory challenges that have resulted in "lower anticipated future investment levels in its... — read more
Best place to work right now (BU)?
Curious what folks think are the “best” business units to work in right now. I use best loosely because things aren’t going well right now as a whole given the admonishing emails from our leadership. TCO? Permian not looking too good. SJV can’t get... — read more
Do better if you want some of the pie.
“The five super-majors – BP, Shell, Chevron, ExxonMobil and TotalEnergies – showered shareholders with dividend payments and share buybacks worth $104bn in the 2022 calendar year, according to the Institute for Energy Economics and Financial Analysis... — read more
New layoff strategy for the New Year
Layoffs have been enshrined in The Chevron way and will soon be a 5th category for PMP (Align and Inspire, Growth, Deliver, build and layoff excitement). Is the new strategy small group layoffs? I've been hearing they assure you no layoffs are coming... — read more
Leadership have lost their way.
CVX needs to bring in new exec leadership from outside company to break away from the incestuous, chronies club where either your face fits or you are sidelined to enable the friends of MW, RM, MN, PB to be recognized and promoted irrespective of ... — read more
Chevron Layoffs 2024
If the market makes a turn soon, do you think there will be Chevron layoffs? Any chatter, news or rumors?
Who will pay for TCO’s delays and overruns?
EB gets a promotion to CFO, KL is still chilling, and MK gets to hang out in Houston before being put out to pasture. Meanwhile, folks who had nothing to do with it (and have leaner paychecks) are going to feel it at CIP time. Why does Chevron have... — read more