Isn't that sad? The second quarter saw highest revenue in four years, and it means nothing for us. We had cuts since then and we still have to worry about cuts on a daily basis. Whatever happens, we never come out on top.
8 replies (most recent on top)
@ft
Only 3 days, not 6? Slacker.
(Just kidding.)
@dp
I agree with you. By the time Chevron gets the Engine staffed in 5 years, (aka, the 2030 plan), they will have to lay them off because AI will be replacing them.
@e5
Who is asking for WFH, I work 11-12 hours per day x 3 days per week becuase of the overlap with Manila timezone. Oh, I guess you are technically correct, I am WFH when I get back online at 6 PM and work until 9 PM. HaHa! Thanks for pointing that out.
People first! First to go, that is.
CVX is always slow to increase base pay as that becomes a long term structural cost that has knock on costs for benefits and retirement. An increase in CIP doesn’t have those impacts.
If you are still hoping for WFH to hide your lack of productivity, you have more to fear than ELT simply making pragmatic business decisions in response to market reality.
Few high revenues do not addres fundamental long term picture. Due to middle east cluster f, the oil prices are high, with AI advances, almost everyone's role [80% of workforce] is going to be eliminated in the next 10 years. You should have more fear of cuts in the next 5 years due to AI advances than anything else.
Our ELT is pathetic and only knows how to brutalize their employees to make extra cash. Someday we will be rid of MW!