Thread regarding Chevron Corp. layoffs

Out of country fabrication (Italy and Korea) delivered on schedule despite poor home office engineering being delivered to them but the in country team dragged thier a**ss and found all sorts of reasons to delay. Yes covid didn't help but the main reason was the friends and family strategy by the in country management.

@3hpq, Thank you for spelling that out.
I and others gave our lives to Chevron and were thrown to the curb.
Heads up for you loyal Chevron employees.

@3hpq, yes. Some young whipper-snappers (EB was probably in the middle of it) convinced SR in general and JW (who knew he was on his way out) and MW (who always has an ear for staff reduction) that Boomers were expensive and unproductive. (Not coincidentally, eliminating the Boomers also paved the way for the young know-it-alls to take over management positions without actually earning them.) A total purge would have raised the eyebrows of age-discrimination lawyers, so they did some partial pruning in 2015 and 2016 through a small package and layoffs. That didn't clear the Boomer population enough, so JG (the elder) and JJ recommended making Boomers a severance offer 'they couldn't refuse' so that Legal didn't have to worry about a-d cases. Unfortunately, it worked too well, and 2020 saw a technical emasculation of massive extent, one Chevron is now finding impossible to recover from with all the new false-prophet managers. Covid made it worse by preventing any kind of succession planning or mentoring by Boomers on the way out. For Chevron, the period 2014-2020 marked the zenith of bad decisions and bad timing. When you throw in the current confusion and uncertainty of the "energy transition", history will point to it as the "beginning of the end".

When oil prices collapsed in 2015, John Watson did a near 100-% lay off of over 50, highly experienced and more highly paid Chevron employees. All the tecchleadership that want contract went out the door. It was shocking to see the 30 year old dead weight that emerged unscathed.

The chickens came home to roost.

PS, CVX had a lot of really good technical get-er-done folks at Tengiz, but they were snowed under doing Chevron Bullsh-t. Some excellent contractors from England, Scotland and Hungary as well.

Same old story like any other MCP. Chosen folks building their empires on the head of people who actually works or gives a $hit.

@2jqg, your debt equals your assets. You should be better off at the 8-year mark.

I know you, a CTC guy

I am at my R&R at the FGP and I can confirm what was mentioned down below

There are two types of people at the project now.

People who know how to finish it but they do not want to because it will ki-l their gravy train and they have no respect to anyone above

MK have used his RM (not the HR RM) to do the dirty work in several PDC’s and we see incompetent people getting promoted or better assignments while the the ones who really work and know what they do are getting shafted. So this is our pay back time and it comes with a good pay, 6 month off and pretty much doing nothing meaningful but just hiding from all the BS. We will not start-up

The second type are people who are motivated to finish and they have their bonuses and careers depend on it. Those people do not know how to finish it. They eat Ann BS we feed them and we send them to the rabbit holes on daily basis. We swing them left and right and they move along as they are really really really clueless.

Then HR RM send her HR arrogant, low life and useless sisters to scare us. We learned her so quickly and now she is also clueless and just sitting there making her own money and failing the project on daily basis.

I am waiting for HR RM to send her HR, security and Legal mafia to finish the project and make oil. Show us how your functions can make oil or money or even stop the cash drain. I am waiting to see your value coming out. It is amusing to watch how we dragged this project beyond any control. You do not even have any idea what is inside the pipes.

Bottom line, you did us dirty and it is the time we just showed you your real size and your real value. Nothing

In 3 weeks time, I will take my business class flight to spend my 4 weeks showing up to useless meetings, doing more IIF walks just to protect my fellow nationals (this is the only meaningful part of my job), influence my team to do whatever it takes to send your incompetent leadership into more rabbit holes and enjoy my big fat pay check while planning my next family vacation with my beautiful family who deserve my real attention and scarifies in this sh-t hole. You deserve nothing. Can not wait to get my one Year Salary after this assignment and laugh all the way to the bank …

I’ve just completed 8 years last month and have 300k in 401k, and 230k in Mortgage and 70k in car loan. Am I normal or abnormal?

I live paycheck to paycheck. I come to the layoff boards to post on these kind of topics because I just learned how to use the internet.

Just curious - how many employees live paycheck to paycheck? <10%?

"Especially leaders from Europe " there is have to disagree, while leadership of European origin have a love for PowerPoint, the same can be said for ALL leadership and thier pandering Hipots. Ethnicity for once in Chevron is not a differentiator.

Especially leaders from Europe

The "TLDR" response says so much about what is wrong with the company,

1. Why this we can never deliver an MCP as promised.
2. Why so many unqualified and incopmentant people are promoted.
3. Why we are no longer an admired energy company.

No one wants to read the detail of our business a few lines on PowerPoint is all that our management and thier hipot juniors can read. There are children in kindergarten with longer attention span then these so called leaders.

TLDR

Let me tell is what is really happening and why at FGP
The story started way before FGP. Hen RM became the HR manager. She started the toxic social engineering by promoting programs that forces unqualified politicianly manipulating people into positions of power. These positions were in HR “full of her sisters”, Legal, Compliance and security. She changed the company form an Oil and Gas Company to a political circus. She undervalued the talent and valued the spin masters. She created MARC and all other useless groups that were all lobbying for fluff and no substance doctrine.

In fact, anyone with any brains or inelegance either quit or started to question what is going on. Then she unleashed her sisters, security and then legal to bully everyone that ever question her venomous agenda. Security became more like internal policing tool for her rather than addressing real threats. They started to use coarse investigative techniques to the point that the company is under criminal investigation. Then comes legal who instead of advising the company to perform according to the law, but to use legal sparring to crush internal opposition. So, the HR became her web’s, the security became the corrupted jail guards and the legal became her corrupted judges and politicians.
In a nutshell, the place became a corrupted state. And Chevron became the bully that only gains respect by Money and Power on the contrary of the company the used to be respected for behaving ethically and perform business in a ethical way.
Name one leader in any level that is respected not feared. None. The company is empty. People from Anadarko were so happy when the Chevron bed failed. They said, at least Occidental have some substance and not just a smoke and mirrors state like Chevron.
What is the result, think of a country that is run by corruption? People have no loyalty, then would steal if they can, hide if they can, they see the people on top doing all kind of shady and wrong things and yet get praised… So, they became a failing society that is only looking after themselves. Even their contactors do the same.
Why would anyone in FGP will have any vested interest to finish the project when they see the real respected leaders are out of the company and people like RM who is totally unresected is still in power.
FGP will never finish … 3GP will never start. This is what we want, and this is what will happen. It is the Money drain that punishes the corrupted rich and help the working poor. Consider it the trickledown effect …lol

What is remaining now, FGP will drain the capital and will be taken out of Chevron soon the Kazakh’s will not renew the lease. Australia in on Strick and the Permian is just a failing business. They will get kicked out of the Mediterranean soon and destroy Nobel Legacy … The bully will run of money and power sooner as many may think even at 100$ oil. It may slow down the decline but will not stop the collapse.

Is avoidable, yes, Get rid of RM and the people she put in power in the other support function and get someone form outside.

What do you expect when you put "gravy train" hipots from ABU, Malongo and Aberdeen to run FGP. Now they can get the gravy for a few more years.

I have been in CVX for 27 years and there is not a single competent technical person I have seen in Tengiz. Not one

FGP was EB's baby for what, 4 years? ...and now we're going to anoint her CEO?

Guess what will be the CIP for so much hard work of the leadership!!!

All the technical people need to be fired

MW July 28th: "Cost and schedule guidance is unchanged. Conversion of the field from high-pressure to low-pressure is expected to begin late this year and FGP is on track to start up by mid-next year. We have unused contingency which gives us confidence that we’ll complete the project within the total budget. "

MW Sept 6th "WPMP and FGP start-up on track."

MW Sept 12th "The expansion already has gone past its initial $37B budget and its completion date has been rescheduled twice from the original plan of mid-2022; a Kazakh government draft plan published in April put the latest cost for the project at nearly $47B.

The latest planning scenarios envision a further delay of as much as six months from the previous target of June 2024."

Too many friends and family employed on FGP....no wonder the delays continue. The project is providing big bonuses for the chosen few who have no interest is seeing it finished....with no MCP's in the pipeline these folks have to make FGP last as long as possible. I mean the executives don't understand the bull coming out as reasons to prolong the project