It is never the employees of the new owner who are the main target of layoffs. The first and the worst cost cutting measures always involve the acquired company and its employees. All the positions that can be consolidated will be - by cutting the... — read more 

What kind of severance can we expect from this?

What happens to Noble stock in your 401k? I don’t have much but was hoping it would at least get to half of what I paid before selling. Will it convert to Chevron stock or do we have to sell it at the current price?

The leaders of this sank ship are going to get millions!!! A reward of millions of dollars for running this company into the ground. DS 29 million BS 15 million All bigwigs below that 5-9 million What are the people that do the work gonna... — read more 

anyone else still on furlough and got indication on what's to come?

Is Midstream included in the acquisition by Chevron?

What’s gonna happen to the legacy assets Lev & Tam and all the work for Egypt and Cyprus and dreams of a LNG plant or pipeline?? Think we get sold??? It’s a political nightmare that Chevron won’t care for. Not to mention the LNG and spot has rates... — read more 

Why the videos claiming this is about aligned values? This was about cash, period. How can management not realize people are afraid of even more job cuts here? Instead of leading and addressing that, they insist on cheerleading nonsense. This isn’t a... — read more 

Did you receive this additional payment instead of advance notice of layoff? Did the payment cover a specific time period? Was the payment given in exchange for a release of claim or as the result of a settlement agreement with the employer?

That’s management speak for a whole bunch of layoffs. Few of them will be at Chevron.

Just lurking around wishing I was you. Good luck with the acquisition. So happy for you guys. Maybe you can put in a good word for us with CVX. I mean only if you want to. It’s cool. We’re all good.

Looks like a hostage video. Or maybe someone’s confessional. Either way, his constant reference to Chevron’s “investment grade rating” is allllll you need to know about why this is.

Has anyone hired a lawyer to review the severance documents? I’m assuming it’s not worth the battle, but wondering if anything is negotiable.

This isn’t a takeover. It is a takeunder.

Presumably the most recent re-org was done with Chevron’s input or blessing. Then again, i could see NBL just winging it. Anyone have insight how the acquisition was considered during the re-org?

/chevron or thelayoff.com/chevron it's lively

Cheers!

As a CVX Retiree, I can say this ... this was inevitable. CVX needs to grow, but not through drill bit. This is a good play but not sure if best time to pull the chord... time will tell. As for working at CVX, expect significant layoffs. CVX is... — read more 

Is there Change of Control in Noble for regular employee? or the CoC is just for the big fish?

From low 20s to selling out at low 10s all in one year. Execs will make their millions while others are left wondering what’s next. Lloyd turned over this morning.

990 people with 704 on furlough.

I was laid off July 7 the severance page listing ages of staff portion of package Showed 102 people severed. Someone on this site said 240 were let go. Was the remaining 138 let go today?

i am considering asking my supervisor to be laid off. i know its crazy but i really hate working here. its degrading and depressing and some times embarrassing as the poor reputation we have in the industry.

Has th company done anything right? Overpaying for assets. Poor dedication to community - see Ardmore. Laid off the wrong workers. Too many process improvements projects and not able to finish one. Capital projects not producing results. Operational... — read more 

It seems to me every year there was staffing reductions. Sometimes it was large groups of people sometimes a few here and a few there. It is my observation that to constantly change the organizational chart constantly moving people around is a sign... — read more 

As the smoke clears, NEI has restructured itself to be fun $40bbl company. Will it make it? How will consolidating management to HOU go, when most of the work and profit come from CO? (Not well, i predict).

For someone on furlough and collecting TX unemployment but was recently layoff,will the severance pay affect the weekly unemployment claim?

There once was a great company filled with great people and the knowledge their peers wish they had. Now, their peers do/ or will soon have those great people with all the knowledge. Every executive exit from CD, to SC, to AJ was without warning; a... — read more 

People are being notified today of their status in the new organization.

I’m sorry - but I can take my furloughed colleges calling to ask if I’ve heard anything. The furloughed aren’t coming back. At least not in 2020. Oh, sure, there will be exceptions. But generally, Noble is going o get smaller before it gets bigger... — read more 

The entire world for us Noble people is going to drastically change. People are going to be working for the boot shiners that have licked their way into important positions and have no knowledge of their jobs. I am glad I am near retirement age.... I... — read more 

I am considering just giving up on oil and before I start the process of giving up and selling everything to move back with parents I wanted someone to tell me it’s the best choice right now, or I should wait until sept to do this knowing the housing... — read more 

I mean beyond current furloughs...

The furlough extension email is coming as early as tomorrow. Enjoy another 90 days of waiting...

A few colleagues came back in full time this week. It will be interesting to see how it shakes out given the majority of capital being directed up to CO and I’m overseas assets.

Anyone have insight into this next re-org? And why the f— were re-orging 5 months after the last sh– show?