Maybe the Costco guy really was seeing the tide turn. Pay attention to the collective guys “on the street” as they’re seeing what’s going on first hand. Research analysts are smart people but they see things on a delayed basis. (Hopefully none... — read more
Topics regarding layoffs at Noble Energy Inc.
Someone said that he was currenlty or previoulsy affiliated with Catholic Charities. Does anyone know? If so, they should be made aware of his checkered past.
DS is a joke in the oil & gas industry. He ruined a 100 year old company ! He is the most pathetic individual to run a company that was once a great company until he became the so-called main man in charge. He’s a joke. The board of directors all... — read more
The all stock transaction deal between Noble and Chevron was announced a week before CVX announced their second quarter earnings. It wasn't just any quarterly report, it was the worst quarterly report Chevron has had in several decades. It lost... — read more
Ok, let's just level with one another, fellow LayOff'ers. Noble is and has been a dumpster fire. Chuck D. was a good man, honorable and had integrity. When he left, all of that went right out the door with him. Dave tried, but he failed...being a... — read more
Anyone else heard this??? PWC is trimming headcount for CVX for noncritical positions.
Now that Noble is going away, who will inherit all the “art” that adorns the Noble office - you know, the pieces AJ squandered megabucks of share holder money on? Will Chevron hold a garage sale? I’m most curious about the inflatable tree root that... — read more
What will happen when you are not brought back to Full Time within the 180 day furlough and part time work status classification? In no meeting I have been in has this come up or been mentioned. I put the question in "anonymously" for the boss'... — read more
I've made it through a half dozen or so layoffs in my career. Never have I been more concerned that I won't make it over to Chevron. Do I actively look for a position now and take it before more oil & gas layoffs happen? (SLB just laid off 21k+) or... — read more
Given that chevron is buying Noble, your manager will have no say in your bonus (or job). So relax. Spend time with your kids. Watch Netflix. Don’t check your email after 4 pm or on weekends. Don’t polish your deliverables. Enjoy life and milk it for... — read more
Chevron is considering diversity as part of their layoffs. Well, this adds a layer of intrigue. Particularly given Noble’s management class isn’t very... — read more
What do you expect to happen with the offices post acquisition? Will subsurface and technical staff be assigned to Greeley, Denver, or Houston?
They were right about 2020, just not for the shareholders
It is never the employees of the new owner who are the main target of layoffs. The first and the worst cost cutting measures always involve the acquired company and its employees. All the positions that can be consolidated will be - by cutting the... — read more
What kind of severance can we expect from this?
What happens to Noble stock in your 401k? I don’t have much but was hoping it would at least get to half of what I paid before selling. Will it convert to Chevron stock or do we have to sell it at the current price?
The leaders of this sank ship are going to get millions!!! A reward of millions of dollars for running this company into the ground. DS 29 million BS 15 million All bigwigs below that 5-9 million What are the people that do the work gonna... — read more
anyone else still on furlough and got indication on what's to come?
Is Midstream included in the acquisition by Chevron?
What’s gonna happen to the legacy assets Lev & Tam and all the work for Egypt and Cyprus and dreams of a LNG plant or pipeline?? Think we get sold??? It’s a political nightmare that Chevron won’t care for. Not to mention the LNG and spot has rates... — read more
Why the videos claiming this is about aligned values? This was about cash, period. How can management not realize people are afraid of even more job cuts here? Instead of leading and addressing that, they insist on cheerleading nonsense. This isn’t a... — read more
Did you receive this additional payment instead of advance notice of layoff? Did the payment cover a specific time period? Was the payment given in exchange for a release of claim or as the result of a settlement agreement with the employer?
That’s management speak for a whole bunch of layoffs. Few of them will be at Chevron.
Just lurking around wishing I was you. Good luck with the acquisition. So happy for you guys. Maybe you can put in a good word for us with CVX. I mean only if you want to. It’s cool. We’re all good.
Looks like a hostage video. Or maybe someone’s confessional. Either way, his constant reference to Chevron’s “investment grade rating” is allllll you need to know about why this is.
Has anyone hired a lawyer to review the severance documents? I’m assuming it’s not worth the battle, but wondering if anything is negotiable.
This isn’t a takeover. It is a takeunder.
Presumably the most recent re-org was done with Chevron’s input or blessing. Then again, i could see NBL just winging it. Anyone have insight how the acquisition was considered during the re-org?
/chevron or thelayoff.com/chevron it's lively
As a CVX Retiree, I can say this ... this was inevitable. CVX needs to grow, but not through drill bit. This is a good play but not sure if best time to pull the chord... time will tell. As for working at CVX, expect significant layoffs. CVX is... — read more
Is there Change of Control in Noble for regular employee? or the CoC is just for the big fish?
From low 20s to selling out at low 10s all in one year. Execs will make their millions while others are left wondering what’s next. Lloyd turned over this morning.
990 people with 704 on furlough.
I was laid off July 7 the severance page listing ages of staff portion of package Showed 102 people severed. Someone on this site said 240 were let go. Was the remaining 138 let go today?
i am considering asking my supervisor to be laid off. i know its crazy but i really hate working here. its degrading and depressing and some times embarrassing as the poor reputation we have in the industry.
Has th company done anything right? Overpaying for assets. Poor dedication to community - see Ardmore. Laid off the wrong workers. Too many process improvements projects and not able to finish one. Capital projects not producing results. Operational... — read more