How many synergies are going to realized through layoffs?
Topics regarding layoffs at Chevron Corp.
Anyone moving to Denver?
How are opportunities looking in the DJ Basin office?
They will do everything not to give severance pay?
The next layoff won't be a: real "layoff, they just fire your ass, no severance. You only hear about it piecemeal and the rumor mill. Severance is reserved for the big high profile -15% reduction where they have everyone play musical chairs (Re-org)... — read more
Explaining layoff in interviews
I got laid off in February and still haven’t found a new job. It all ended at the interview stage and a friend pointed out to me that maybe I shouldn’t mention in the interviews that I was laid off because it causes a negative perception of the... — read more
ABU
For those remaining in ABU post your thoughts, feelings etc. Would be interested to know how people are feeling.
What's the company doing to retain or attract talent?
Chevron no longer even tries to make an effort to retain or attract talented employees. Am I wrong? It is impossible to keep quality employees if they do not feel respected and appreciated here. There is no trust. Advancement opportunities are less... — read more
Those who aren't able to work efficiently from a common PC...
How did the company handle specialized hardware that people needed during the pandemic. Many G&G and RE types need very large monitors to effectively do their work. They also need workstations that are highly powered compared to a common PC desktop... — read more
Spring IT PDC News
Any news coming out of the Spring IT PDC?
Chevron's Most Expensive Platform Collapsed
A new article recently leaked that Chevron's most expensive platform had a major incident this week resulting in it collapsing and being thus rendered a junk asset waiting to be written down. The "IT Foundational Platform" as it was referred to, was... — read more
Fidelity - Investment of lump sum Pension
Fidelity advised to put my lump sum pension in a SMA (Separately Managed Account) within my IRA account. It's a managed portfolios of actual stocks or bonds. Has anyone used it and any pros and cons.
Lost teamwork?
What business problems do you encounter while working from home? Teamwork is very important to me and despite all the opportunities we have now, it is lost when we are not in the office. Working from home, we function less as a team and that makes my... — read more
4M shots a day, when do we get back to offices in Houston?
With the current pace, I am guess by June 1st there will be at least 75% allowed to come in person.
Team building budget?
How much does your group spend on social things each year? Ours has like a few retirement lunches and aN afternoon Christmas function and that’s about it. Rather boring, I must say. I miss the old days.
What did you do with your severance?
The severance was an unexpected parting gift for retirees and a welcome several hundred grand for most. Will you keep it, invest or spend it? Ours is invested since November and already up 25% which nearly covers the income tax withheld. We will take... — read more
Next divestment?
What underperforming asset will be sold next? GOM? N—ria JV? Venezuela?
Do we need another refinery?!
"Chevron eyes deal for Shell oil refinery in Pacific Northwest" https://www.reuters.com/article/us-refinery-m-a-shell-chevron-idINKBN2BI39S I thought we were divesting - not acquiring - assets. And based on the last update from MW, we're not... — read more
March interest rates
IRS segment rates shot up again. December remains as the lowest rates ever recorded, pushing lump sums to all time highs. Hope you all caught that wave.
How many people are actually happy at CVX?
I'm curious since we get posts from both sides of the aisle. On other companies' forums (I checked Exxon and Occidental, for example) pretty much everybody is in the miserable category. Is CVX really better than those places or is HR simply more... — read more
El Chevron Way
The Chevron Way was imposed by CEO Dave OReilly to try and rein in some of the good old boys and their blatant behavior, especially given the influx of Texaco cretins at the time. Over the years we have seen many examples and counter examples of this... — read more
Organization flatter and more efficient?
From where you sit, does the organization look flatter, smarter and more agile following this transformation?
Classification for CIP bonus while on Unemployment
I have an interview regarding UI. I declared the CIP amount on my biweekly forms. What is the proper definition for this payment; to continue to receive benefits?
Ranking scheme
How do we refer to our ramkings now that the n7mbers are gone? Should I call you Ex-Pecs Moore?
Layoffs coming - what do I do first?
I heard a rumor that layoffs are coming later this year and want to get a jump on planning my retirement - oops... “layoff” (since this is a LAYOFF site). What do I need to start thinking about and doing now? Most importantly: do I pick the annuity... — read more
1400 or 1500?
Which tower will be the first sold? I imagine 1500 as it is quite a bit smaller.
Chevron rehire policy
So..... I’m curious if anyone knows what chevrons rehire policy is. I took the EOI in December, I also applied for unemployment. To stay eligible, you have to apply for 3 jobs per week. Today I was browsing the job postings and noticed Chevron... — read more
Upstream vs Downstream
Which part of the company has the brightest future? Where should we focus? I tend to think downstream will be more important in the years to come.
CVX stock on a roll
The stock is on a very solid run up. How much is everyone holding? How high will it get this year? I reckon it will get to the old ceiling of $125 by Christmas.
Unemployment benefits being denied!
I got laid off from Chevron in December. I am being denied unemployment due to the severance payout. I had a call from Texas Workforce and I honestly told her the amount of severance I received. She put in a note denying severance for most of the... — read more
Visiting from ExxonMobil
Curious if you’ve had similar benefits cut as we have at ExxonMobil 401k match cut (was 7% for 6% employee contribution) education reimbursement cut cost of living adjustments eliminated in USA increased workload due to headcount... — read more
Rumors on new flexible work schedules?
Any rumors to share on the studies being done for new remote work schedules and/or new flexible work schedules?
Very low Morale
I have never seen the morale so low while working here. People are frustrated and the team work and helpful spirit of the past seems to be long gone now. There might not need to be another layoff if attrition starts to get high if things do not... — read more
Layoffs?
I don't care if this is just a layoffs board or not but can we get some info on layoffs, please?
This is just a layoffs website. Get used to it.
Come on people. You know this is just a layoff site, and those of you trying to convince others differently won’t work. You can speak openly and post whatever you want anonymously on many public sites as whatever screenname personality you choose... — read more
Got CIP Check?
Anyone who left last year receive you CIP payment?
This is not just a layoff board. Get use to it.
Come on folks. You know this is not just a layoff board, and those of you trying to convince others differently won’t work. No way you can speak openly on public boards when your name appears. That would be job s–c-de. Those who left Chevron... — read more
WTI above $65
Never thought this happens so quickly, China's growth is expected 6% this year, if this continues for the next 4 months, expect a lot of exist from the company to join other companies with better pay and career opportunities, that may lead to your... — read more
Are your ex-colleagues calling you?
Curious if those that were laid off are being contacted by their past CVX colleagues to help answer questions or direct them in ways to find the answers? If yes, do you answer and help?
Ahh, the future of Chevron...
https://www.worldoil.com//news/2021/3/4/schlumberger-new-energy-chevron-and-microsoft-collaborate-on-carbon-negative-bioenergy Interesting. Note buried in the article that to be 'carbon negative', you include all the CO2 the plant utilized while it... — read more
Upper management has their heads stuck up their behinds
When will CVX execs start caring about this company and the employees? Morale has gotten worse since the last round of layoffs and most of my coworkers are getting burned out from extra workloads resulting in costly mistakes. What is the plan here?... — read more