Thread regarding Chevron Corp. layoffs

I am was from AMBU and self employed and doing Great. After seeing The Great Chevron Behaviors at that BU, I decided not to go back to corporate. I love being self employed, don't have to worry about someone controlling my life. The said thing is the people that replaced me had so little experience, they needed to keep more on staff than necessary to make up for the experience..... SAD.... Chevron is a good company, that BU is not managed properly.

-4qcu, I believe like you that oil prices will hit the skids and sink further quite soon. My takeaway from your post is the June 2017 expiration date for the production cut agreement amongst OPEC members including Russia. After that date, the floodgates on further oil production will be opened. That's sobering for us in the oil patch. I sense more hard times ahead.

The only reason for the current price of crude is the OPEC plus Russia production cut. This will expire in June. What then? Permian drilling/production costs are much lower than 3-4 years ago, so production will continue to increase. Lots of downward pressure on the price of crude oil. There is a realistic possibility that the price could go to lie 40's, maybe more. I know, I am preaching to the choir. It is premature for JW to say that layoffs are behind us.

-4xsa, I reflect back on my long Chevron career at times. One year after being laid off seems like yesterday. While I had over 30 years earning a good paycheck and building my nest egg for retirement, the culmination of a career by layoff is bittersweet. But as you questioned and I often ponder, what will become of many the 50+ aged employees who were laid off at Chevron after having only a 10-15 year run? That could have been me if the tables were turned.

What about all of the employees who were laid off in their 50's who only had 10-15 years with Chevron?

I finally got settled into retirement and now enjoying life after being laid off one year ago. The lifestyle adjustment after 32 years with Chevron is not easy. But, I'm grateful for all that time on the job that allowed me to work with some of the best people around, to make and save money, for having done well in my investments, for having paid off my home before the axe dropped. I'm also thankful to Chevron for the generous severance check, 6 months of subsidized COBRA, a prorated CIP bonus and to the State of Texas for 6 months of unemployment benefits.

Enjoying early retirement at age 53 after nearly 30 years at Chevron. I had been planning to call it a career and enjoy my 'youth' at 55 but the sweet severance and low interest rates made my EOI choice simple. Thankfully, no need nor plans to get back in the industry.

Great idea -2bes, giving away every item of clothing with a Chevron logo to the homeless people in downtown Houston. I drove down Louisiana Street and made the round back onto Smith the other day and wondered to myself "Who the hell let the Chevron employees out early today?"

Excellent plan! We should all join you! Chevron backpacks, and Humanknd T-shirts for the poor! Then form a centipede in the 10k

I have given every item of clothing with a Chevron logo to homeless people in downtown Houston.

I will have one last Chevron shirt made up that says "LAID OFF BY CHEVRON AT 60" and I plan to be wearing it at the 2018 Houston Marathon. I encourage others with a similar experience to do the same.

I had to move overseas but got a job but at 50% of the pay. I cannot sit idle doing nothing.

Being laid off (at 55+) was rough as I gave my soul to Chevron, and consistently delivered on all my objectives. But I worked my program hard and had a new job in 4 months. I am doing roughly the same thing I did at Chevron for about the same money, but a lot less benefits and bonus.

On the positive side, a) it is a much saner workplace and b) I am appreciated - they don't ostracize older people. The BU Manager stopped by to tell me how glad they were to have me a few weeks ago. People get promoted for performance, period - not looks, spouting company feel good talk or to meet quotas. My new bosses are impressive, both as leaders that get things done and as technical experts. They REALLY deliver and they set the example. I am learning from them.

Not really sure there is a downside yet, except I miss my friends and belonging to a "Top Rated Oil Company"

I am still adapting to the new corporate culture. I hybridized some skill sets I learned at Chevron for a much leaner organization and I am getting success which is rewarding. Success is the best revenge.

I have an awesome position as a consultant after a year and a half off. I got tired of doing nothing. I love to hunt fish, vacation, etc. But those things, like many are not as fun when you try to do them 24-7-365. Seriously. I need a purpose in life. I am not a liberal do-nothing parasite. I need to contribute to society, whether I get something back or not, doesn't matter.

I need my butt examined. I think I have Chevron constipation.

I wonder where the Op is now? As for me, I am spending time at home enjoying not commuting an hour each way downtown Houston. I wasn't planning to retire for 4 more years and really did have more to offer with 36 years experience in FE, but I am 58 and realize it was futile to land a decent position elsewhere with this economy. I am happily retired with a comfortable pension and 401k thanks to Chevron. I just get to enjoy more retirement the way I figure it.

@-1hsj , Agree 100%. Also if you believe all of the jokers on this board pretending to be happily retired, on a plane to Fiji, etc., yet they have such a wonderfully pathetic life that they need to troll a layoffs forum, you better get your head examined also.

I know this board is getting under the skin of HR, PGPA, and middle managers in most operating companies. CVX is a real life Dilburt and South Park cartoon.

@MhMsg3J-1doe - If you think anything you see on this board is an accurate reflection of Chevron, you are a MORON and we're all better off without you.

Working as a PM in a midstream company twice the size of Chevron. Finding out from this board just how disgraceful, arrogant and repugnant the company I used to work really is and the kind of people they employ.

I was an operator when I had gotten laid off from Chevron.

I got into an refinery as an operator. It seems to be alright so far. But as @MhMsg3J-gii mentioned above. I wish i'd gotten into a trade doing something else.

I'm with you, aib. Loving retirement, after 35 years with Chevron. Spending time with family, traveling and fixing up my house. Lots of bucket list items to get to.

I do miss (some of) the people, though.

Sitting in a window seat of a 757, waiting for the plane to be pushed back onto the tarmac. On my way to Fiji for my first if 3 vacations planned for 2017. Retirement after 34 years at Chevron is sweet.

Sitting on my butt watching tv and wondering why I ever got into the oil industry. Should have learned a trade.