Anyone hearing anything?
28 replies (most recent on top)
It is interesting that Chevron has an Engineering and Innovation Excellence Center in India. I would guess these people would work on projects in that part of the world rather than taking American jobs. These employees in India will not have to deal with US work visas which may be hard to get under DT. Does anyone know how Oxy’s H1b visa program is going or whether it has been shut down.
@2cg+1jrh2v1kp - I hope you are right. Go look at Chevron's career site for India. They have all types of jobs they are hiring for in India, and includes jobs like suburface data management. It will be intrtresting to see how it turns out for Chevron.
AI in highly technical engineering areas will never put people out of work. That is because it takes technical skills to set up and pre-process the training data. It also takes significant skill and experience to choose the cases to train the models on. Then it takes a seasoned technical professional to interpret and summarize the results to formulate decisions for use in planning and presentation to management. AI could result in higher demand for people who actually know what they are doing.
@27d+1jrh2v1kp Don't be so sure that it will stay as you say. With AI and all the workers leaving other companies Oxy could easily replace people. They could have a selective layoff of low performers and replace them with people that are being forced out at other companies. Once Oxy gets going with AI, and if they also choose to send jobs to India, then it will be a lot easier to let people go. You are naive if you don't think this is already being put in place, and it is just a matter of time. You will never get management to admit it, but AI will be putting people out of work. If you are young the best thing one could do is try and figure out how to be a creator of AI processes. That is until the processes take over you. I just read the other day where driverless trucks are going to be used in Texas. It is coming.
https://www.axios.com/2025/04/23/texas-driverless-trucks
Oxy has not and will not lay-off because of the highly skilled best-in-class professionals that the company has. It would take years to build back that work force after a lay-off or VSP.
Must be an inside joke.
pb+1jrh2v1kp - bye Felicia.
@st+1jrh2v1kp, too much logic and level headed thinking for this site. You must have landed here by mistake.
Most likely, this week the tariff histeria will settle down and the price of oil and Oxy stock will go up. This past couple of weeks should be a good lesson of how things can't be judged on the sort-term. If companies have a knee je-k reaction to things like the past two weeks it ends up hurting them in the long-term. I would be surprised if Oxy has any layoffs. Chevron and others had all their layoffs in the works before the tariffs. I would say the same can be said about selling stocks based on the hype.
Well of course they will offer you more to get you to switch employers. Perhaps you are below the midpoint of your grade. It happens.
Oxy very much underpays compared to the industry, I’ve tested the waters, applied and have been offered jobs at competitors to the tune of a much higher salary for a lateral role. The thing oxy offers that others don’t is stability, but with the debt load increasing even that is going away.
You’re a people, right?
Most people in the industry are paid twice what they are worth. People are just to d-mb to realize that fact.
Nobody at OXY is under paid. All the complaining about Vicki she had treated and rewarded employees very well. You all should stop complaining. Thanks in advance.
My role is the CLO (chief layoff officer). I can confirm staff changes between +20% and -20% sometimes between tomorrow and 48 months from now, give or take. I got that straight from the top or from some anonymous person posting on some site somewhere. Trust me and plan accordingly, or not.
Oxy does not “run lean” and your teams are not “understaffed”. Compared to any peer, we have way more staff to manage the equivalent workload. If we were to trim 30% (we won’t, unfortunately), we would simply cut unnecessary processes and eliminate roles that have negligible or negative impact on the bottom line. There are plenty of these.
@cy+1jrh2v1kp, do you honestly expect that to happen? I shall henceforth refer to you only as “that dufus”.
If you are going to say “discussions taking place” at least give insight as to your role at the company so we know you aren’t just trolling. I find it hard to believe discussions are “taking place” when the tariff war is less than a week old.
Discussions taking place. Decisions in a months time.
Our group is already understaffed and underpaid. No way they can lay off 20% or more.
Great buying opportunity for investors to buy stock as well as other companies seeking to buy reserves.
Tell that to the Wall Street. they are forecasting stock dropping to teens.
I don't know about your groups, but Oxy runs lean as it is. If we lost 20% - 30% of our group it would be hard to keep up with the volume of work. It is hard to keep up as is.
I heard 20%
30% would be way too much to keep the oil and gas production up and to the maintain optimistic guidance. 10% sounds more like it.
Where did you hear a 30% reduction in domestic rumor from?
30% reduction in staff domestic not sure about overseas. Reduced severance compared to a few years ago, but still not bad.
Don’t worry, Oxy is always off cycle with their layoffs. The company is probably planning a huge hiring initiative right now.