So I heard that ETC has not closed its contract with the pool universities to bring on board the new grads that were offered positions a year ago. We are in the middle of the crisis yet Chevron cant shut down to its friends. How can they let go 15 year experienced PE or scientists to ROM and before some people even leave the floor now some just grad without any experience is to take a full time employee position...
...AND this is why Chevron is going to hell
ETC had no vision or strategy. They morphed from R&D only to internal consulting research. Just like everything at Chevron....no leadership led to a mess. ETC never returned results for my group. And you already paid. Then you had to find a SME on the outside to do the same work at half the cost and got the results in half the time. But Chevron has to have a central group planning for major initiatives. For example Chevron is so far out of whack for the Green House Gas Standard (Subpart G) it's a major threat. Non existent central strategy and horrible SME's at the BU level. I can give 50 examples where we just do nothing something the wrong thing at each BU.....
I'm glad I left ETC 2 years ago to go solo. Things are slow now but steady. Very much happy I left that place after 10 years of BS management
ETC have some really good talent.. But overall it is a prime example of what happens when you let a bunch of academias run a business with a bottomless pit research grant
In previous downturns the company flat out stopped recruiting at some schools. Like didn't even go to campus. We got dirty looks from deans back then and are trying not to sever ties with universities this time. Recruiting will be way down, but not choked off, yet. Try finding a 45 year-old geologist or engineer in the company, they don't exist. They are all 22-35 or 57-62.
Chevron will never be the same after this is over. The manner in which the downsizing is being handled will not be forgotten for 15 or more years. I'm so happy I left the company before it soured so badly. I would not recommend anyone's son or daughter to work there, mainly because the the lousy management and ridiculous political correctness.
Chevron is getting out of the research business. Very little of the millions spent annually on R&D has borne fruit that improved our core business productivity or efficiency. We dont need another privately funded university. We need bottom line results. New hire PSGs are lower than 20-yr types. Its not your job. Your attitude is part of the problem. Your mortgage and family are personal issues, not company issues. If ETC was seriously improving the bottom line and leveraging their skills to enhance shareholder value, they would not be seeing the big haircut.
This is true. Where I'm at we have about 20 positions for 30 people and 4 of the positions are closed for new hires brought-in in 2015. One of them isn't even here yet. Tells you what you need to know. They don't care. Have a mortgage? Family? Too bad. New hires with much less to lose and no experience get to have your job.