Chevron Corp. Layoffs

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Topics regarding layoffs at Chevron Corp.

91 POPs in mcbu

We are under the gun to pop 91 wells that we just heard about less than a month ago. People jumping through hoops to make Bruce n look good It’s driving us as bu to do some real stupid stuff. Stand up to him and you are gone

Expats

How many super highly paid expats with their zillion allowances are out there? Each expat is at least a million dollars in cost. Eliminate 500 expats or move them back to their home base where possible. That is at least 500 million bucks. Could be... read more

Removed Post

There was a post a couple of days ago about GOMs SCM group. It is no longer available. Is it because SCMs leadership team does not want their dirty laundry to be exposed. Republicans have a right to know.32

Shale 2.0

OPEC Wakes Up to the Threat of U.S. Shale 2.0: https://www.bloomberg.com/news/articles/2017-12-13/opec-boosts-forecast-for-rival-supply-sees-balance-in-late-2018

New Delta Dental Plan S---s

Wanted to vent that the new Delta Dental PPO plan CVX changed to in 2017 is the worst dental plan I have ever had. What a complete ripoff and waste of money!! They reimburse weeks after the fact at less than half what they represented they would... read more

Has Chevron really grown this decade?

Looking at the share price if you consider the annual average prices - from 2008 till now Chevron stock value has only risen 2-3% a year (not considering dividend paid out). Seems to imply that Chevron hasn't really grown in the last 9 years beyond... read more

Chevrom Bakersfield Layoffs

(Source below) -- Roughly 100 Chevron employees working for the San Joaquin Valley Business Unit received layoff notices Thursday, but won’t be let go until after the holidays, the company announced. Those layoffs — which will impact about 300... read more

Area to take over all SJVBU by 2020

Its official, Area Energy will acquire all Chevron property in California by the beginning of 2020. The official announcement will be made after the first of the year.

Harassers

When is Chevron going to go through all the older HR paperwork and hotline complaints to get rid of all the s-xual and other harassers that continue to stalk the grounds of San Ramon, Houston, and other places. Instead of getting fired like Matt... read more

Retirement tax havens

Many middle and upper management as well as savvy expats shift their domicile to a low tax state just before retiring. Many sell homes in California or elsewhere and set up camp in TX or FL to receive their lump sum and exercise stock grants and... read more

Fit for Duty or Fit for Disposal

Do you work in, or visit a “Remote” location? Well pay attention because this affects you! Fit for Disposal, sorry Fit for Duty is a way to lay off people without paying them a package. It circumvents protective legislation for discrimination and... read more

New Mortality Tables = Lump Sum Increase

Looks like the Chevron HR retirement calculator is now using the new 2018 mortality tables that have us living longer. Although the 3-month average interest rates didn't change much from a December 2017 to a January 2018 annuity start date, my lump... read more

Mcbu - retention

How long until corporate realizes all the 26+ AD managers in mcbu are bonkers. They don't listen to their employeees and many more problems.

Any updates on SJV?

It has been around longer than a century endlessly giving and giving that black gold from mother earth's womb, and now facing that inevitable decline. We fellow chevroids should pay attention to what is happening there as many other fields will mimic... read more

Back to Bangladesh

What’s it going to cost with a reversal of the decision to leave Bangladesh? Didn’t all the expats move on already? Another “great” decision?

DWEP/GOM??

Just had an Uber ride with a young driver who also worked at CVX downtown Houston. As an ex employee we talked a bit. She said DWEP was dissolved and there was a singular GOM group (Houston/Covington). About time, I thought. So two management... read more

Is the oil price turning around finally?

Will 2018 see the oil price marching back into 60's and 70's and 80's and even triple digits? Will the happy times roll again in the land of the chevroids? Or is this a slow and quiet withering of a once almighty industry into the annals of the "been... read more

CIP Award

Suppose you were offered another job at another company. You decided to take it. However, you worked at Chevron through the whole year and left at the beginning of December 2017. (So you worked the whole year from Jan-Dec) but didn't complete the... read more

CVX management mainly selling stock lately...

In the last 12 months, 90% of share volume trades by management were "sell" rather than "buy", and 1/3 of those sells were in the last 3 months. Are we at some sort of pinnacle? http://www.nasdaq.com/symbol/cvx/insider-trades

A Thriving Oil Giant

I wander what kind of comments are we going to get on this one... How an oil and gas giant outmaneuvered low oil prices https://www.mckinsey.com/industries/oil-and-gas/our-insights/how-an-oil-and-gas-giant-outmaneuvered-low-oil-prices Italian oil and... read more

Who is doing the work?

This company represents everything that is despicable in America. It is about greed, short term vision, no long term personal or business relationships or family values or leaders. Management at this company is not only incompetent but creating a new... read more

What's Ahead

Signed California Assembly Bill AB 739: It is required that at least 15 percent of specified heavy-duty vehicles newly purchased by state agencies to be zero-emission beginning in 2025, and at least 30 percent of those vehicles to be ZEV beginning in... read more

Chevron Layoffs 2018

Last year all was fairly good, now all of the sudden things move, people are complaining and there are rumors about layoffs in San Ramon.

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