Thread regarding Chevron Corp. layoffs

@HNXe9r5-2bvj, I'm retired too and don't know or care what point you think you made (it's "couldn't" care less, BTW), but I can tell that you are truly the irritated one who's responding to these trolls who mostly don't even work for Chevron and you are also the only one who "has to get the last post in". You can call the other guy a coward or whatever you want but you are no better for responding and insulting someone anonymously. It goes both ways. Just my 2 cents.

Thanks for reading.

Water under the bridge, 2bvj. Out of sight and out of mind. Learn to accept things that are beyond your control and your stress level will go down. You just might avoid a heart attack or stroke later in life. Now I've got to rack my brains on what I did with the money Chevron let me keep. Did I save it or did I spend it? Lol.

2hwx...my point proven. When challenged, you don't have those cahones you claim I don't have. Looks like you're the one hiding behind behind "mommies PC".

I could care less whether you think I'm retired or not. Basis economic and time value of money principles don't depend on that. Whine all you want using foul names...the more you do so,the more you reflect your intelligence level.

You make for some interesting entertainment however! I'll let you think you've think you won by having the last post... I've already had the last laugh!

BTW... Note a recent poster "claims" to have avoided the loan repayment. If you're in HR ... There's a challenge for you to go get some of the company's money back.

@HNXe9r5-2hwx, My little coward fruitcake hiding behind your mommies PC Your phone number first, Numb-nuts. Then you can take a "roll" call of "roll models" and maybe heads won't "roll" LOL. And learn math and economics, take a course, go back to school, do whatever you need to do. I have no time for braindead douche-bags at my age. You may want to do that before you pretend to be retired. Chevron is hiring people who can't comprehend basic economic theory now? I don't believe that for a second.

I was laid off last year and HR Payroll must have forgotten to deduct the one week payroll "loan" I received in 2000 from my final paycheck. It wasn't taken out of my severance check either. I checked all my pay statements this morning and nothing was deducted. They forgot or they pardoned it in my case, so maybe not everyone is affected.

Dear 2kgv... My my! Such a tough guy with a vocabulary of someone that undoubtedly wants to be the roll model for the oilfield trash stereotype. Take some of your own advice when it comes to acting ALL BAD behind a blob site's anonymity or post your phone number and we can continue the conversation.

And with regard to math... $942 x 52 = $48984. Today's dollar has nothing to do with it other than prove that CVX wasn't very business savvey to be fronting 16 yr interest free loans. On another math front to prove the point, assume a theoretical average $1000 loan x an equally theoretical 70k employee base at ChevronTexaco merger. Shazam... That's $70mm in 2000 dollars. Compound that as an investment and it would probably be a good nest egg to pay off the ESP severance or cover a fraction of the poor MCP performance of late.

Including details of the original loan agreement is quite valid when it comes to deductions. Get over that one!

BTW... I retired under the 2016 ESP so you can drop the vibrado regarding millieals, etc.

Give my regards to JW the next time you report out what a loyal chevroid you are/were. I must have really touched a nerve with the opener about breaking piggy banks and/or accusing you of being in HR. Rest easy tough :)

@2pmx - @1aqp here. I'm already retired, so don't worry about my boldness. And yes, I remembered that I owed them the money and fully expected that it would be deducted from my last paycheck because I always keep track of my obligations. Like I said, I can understand how it could slip someone's mind, but I don't know why anyone would get upset when someone tries to collect money that's owed to them. Also, there is no reason to include it in the ESP package because it has nothing to do with ESP. You have to pay it back regardless of why you leave the company, be it quitting, retiring, firing, layoff, dying on the job, permanent disability, or whatever.

@HNXe9r5-2pmx, You are an idiot coward with no Balls. BTW, $942/wk in 2000 is about $150k a year in today's dollars . Compassion goes out to you and other millennial douche-bags who don't know math. When your butthurt loser A$$ gets $hit-canned like it will soon, just remember how skilled you are as a nutless coward talking tough behind the safety of your mommies PC. Maybe you can put that on your resume along with cock-sucking and brown-nosing.

Pretty unsound business to leave outstanding "loans" to apparently all CVX and merged/acquired company employees and then assume all would just remember after 16 yrs. HR should have included original agreement in ESP package to avoid any angst.

Compassion goes out to buj. IF you were only making $942/wk back in 2000, I sure hope you improved on your PSG since then. From what has been reported, the call on the loan was for a "full week's salary". Hence, the numbers just don't match!

LASTLY, pretty ballsie of 1zec and 1aqp to insinuate that someone would intentionally block this out of ones mind. You must be in CVX HR and grasping for straws to protect current Management. When your time comes (fired or retired) don't forget your current boldness.

It's one thing to have it slip your mind after 16 years, it's quite another to block it out so completely that even when you're reminded of it you throw a fit and claim that it never happened. Not the kind of person you ever want to lend money or do a favor for.

It's simple, 1sxu. There's a few people who after 16 years, plainly forget the agreements they signed because it means someday they need to pay it back.

I remember signing something that said I would have to pay it back, so I was fully expecting to see it deducted from my last paycheck. Not sure why anyone would be surprised or upset that if they accepted an interest-free loan that they would be expected to pay it back someday.

And those of us working for Pure Resources, then Unocal, then Chevron also lost a service year. An early lesson learned, and never forgotten, that Chevron talks a much better game than they know how to play.

Not BS it also happened with UNOCAL buyout, employees had the choice to skip a pay period or owe it at the end of employment.

I reported on this a month or two ago. When I retired last year, this 1 week payroll loan for the adjustment Chevron Payroll made in 2000 was detected from my final paycheck. I took the Internet free "loan" back then, as many did as well. I never forgot it and figured Chevron wouldn't either, but depending on how many years went by, that there was a chance it would be forgiven or overlooked. No chance, people. Chevron has a long memory or a damn good accounting system. Oh well, $942 deducted, but I was prepared for it. I hope everyone else didn't forget about it.

Sounds pretty bizarre. Do you know if this affects employees who were with texaco or chevron or both?