Thread regarding Chevron Corp. layoffs

Can anyone confirm additional downsizing efforts in the spring?

I made it through this ROM but I don't think my group will make it through another reorganization. I work hard but doubt there will be anywhere for me to go if we do this again in a couple quarters.

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| 551 views | | 8 replies (last October 14, 2015) | Reply
Post ID: @OP+DU5gou3

8 replies (most recent on top)

Rumor has it that in 2016 they might ask for volunteers. If that happens a lot of you younger hands will be safe. Older hands are ready to go, like me just waiting on a severance.

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Post ID: @3vcc+DU5gou3

2016 will be tough

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Post ID: @1e0R+DU5gou3

Upper management has hinted at the possibility of another ROM, as soon as this December. This is for the next wave of must-moves who are currently completing projects. They know that they need to trim down further, as the current series of ROM's were based on $60/barrel targets. As for now, the Spring PDC is still being referred to as a PDC, but if it should become another ROM, you won't be notified until last minute.

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Post ID: @1L56+DU5gou3

Here is a possibility. I do not know but I will speculate. Based on discussions with colleages in

GOMBU, SASBU and others at HOU it seems likely that a Spring PDC will be held for Horizons and other must moves. There will probably be another Resource Assessment Exercise round of cuts based on 2015 rankings prior to the PDC. Since there may be more must moves than places to go, some may be left standing and let go as happened at the start of this year. GOMBU ROM also in Spring and that timing may impact PDC too. Doughtful that ETC will see more post-ROM cuts other than RAEs and contractors anytime soon unless their budget gets gutted again which may happen if oil price stays very low. Just my speculation. Others may know different.

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Post ID: @1gtF+DU5gou3

Yes thank you. Anonymous176341 tell us something we don't know. The OP wants to know if anyone has details on what might be done after this first round of reorganization is completed.

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Post ID: @1sNo+DU5gou3

Yes, project Alpha currently approaching completion. Project Beta has just been announced to BU's not currently in Alpha.

Let alone, project Tiger currently doing the same as Alpha but for MCP's.

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Post ID: @W4N+DU5gou3

I was curious in general. I'm in ETC.

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Post ID: @K36+DU5gou3

what BU and group?

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Post ID: @ANu+DU5gou3

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