Thread regarding Chevron Corp. layoffs

Reuters Article has leaked the changes coming

https://www.reuters.com/article/us-chevron-production-overhaul-exclusive/exclusive-chevron-ceo-plans-major-cost-cutting-overhaul-of-production-teams-sources-idUSKBN1XW23Z

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| 6747 views | | 15 replies (last )
Post ID: @OP+129BiAkp

15 replies (most recent on top)

No need to talk MCPs... MW has been clear he doesn’t believe in MCP’s or PRC ability to deliver them. Expect minimal MCPs, PRC dissolved ( already annonced), and even more focus on shale and tight...good for short to mid term, but a s–c-de in the long term.

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Post ID: @6sdw+129BiAkp

There has been nothing announced. The Inside news story is just a news bot which reposted the Reuter’s gossip and rumors since it mentioned Chevron. How can people be so naive?

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Post ID: @4gzs+129BiAkp

Will GOM/SCM be affected? It is time to remove dead weight which I see a lot of everyday. Nepotism drives the BU not business knowledge.

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Post ID: @4vmk+129BiAkp

I find it hard to understand why people "down vote" facts about the news article. The Upstream side of the company IS going to be restructured. Face it, it is on INSIDE, linked to the news articles. MW is sharing videos on Workplace, letting everyone know that significant change is coming. You can't hide your head in the sand and wish the changes away. The information wasn't leaked by some shady insider, interviews were given to the media and a date was given for them to publish the news. The timing was not an accidental slip; its letting everyone know, get ready, you could be impacted, act accordingly. You know how things are done; don't act childish, prepare for the changes as best you can and deal with the circumstances that are out of your control like an adult.

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Post ID: @4prn+129BiAkp

My biggest fear with the reorg is that it will be botched like most other things our management touches. I can’t think of any good moves in the last decade or so.

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Post ID: @4noj+129BiAkp

The only ones that that think PRC folks are the PM experts are the PRC employees.

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Post ID: @3dqi+129BiAkp

Get ready for musical chairs x 10. If you have 15 years or more with Chevron, you better have saved well for retirement. Those who haven’t will regret it the rest of your lives if they are laid off this time around.

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Post ID: @1sry+129BiAkp

I agree with -kyd. The recent Gorgon, Wheatstone and Tengiz project experiences have not made PRC look very good. It would not be bad for the Opcos to do their own MCP work.

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Post ID: @1uup+129BiAkp

Be sure to take your issued silverware and cup with you!

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Post ID: @1pcj+129BiAkp

As PRC folks are usually the experts of PM in CVX, they will just let BU’s thousands of project engineers go and make room for PRC folks.

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Post ID: @dzk+129BiAkp

So will opcos take on their own MCP work and PRC is dissolved?

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Post ID: @kyd+129BiAkp

Change approaches; expect leadership to begin sharing broad outline of upcoming Upstream re-org in in end of year town hall meetings. Very interesting times to come. Good luck everyone.

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Post ID: @bnl+129BiAkp

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