It seems like the discussions are less lively than in past events. Is it that everyone is jaded or did they fire everyone that used to looks at this site?
7 replies (most recent on top)
3-4 re-orgs this year alone. I’ve/we’ve become numb to these announcements. (maybe the plan all along)
Things will pick up as the "we don't know yet"s start morphing into specific dates and numbers of positions. It'll be interesting to see what flavor of re-org this will be: all in and start from the top down every two weeks, everyone in a function at one time or org level by org level. Will all the different leaders sending out their individual messages it's not clear yet how they're doing cuts (even though they say their not a foregone conclusion just like every ROM before).
I spend 20% of my time coming up with the answer and 80% of the time defending it to our reviewers and managers. When will we simplify our management?
Chevron is definitely a totally different company today compared to 30 years ago when I was hired, at least from the perspective of its workforce and culture. I’m so glad I was laid off in 2016. I found it increasingly difficult to continue tolerating the company’s political correctness and coddling of some employees halfway through my career. Of course, it wasn’t all bad. I enjoyed interesting and challenging work and got to know a few people who were good colleagues and some who became best friends. But, toward 2016, I really found it my time to retire and couldn’t believe my lucky stars to have been laid off precisely when I had planned to leave and thankful for the 1 year bon voyage severance check too. I feel sorry for the folks needing another 10 or 15 years before hanging it up. Good luck to all, but Chevron’s best days are long gone, my friends.
Oil companies will continue to be pressed for performance against other investment opportunities. Corporations are not content with turning a modest profit and perpetuating a reasonable but consistent return. The financial market and its major players want more ROI and now more than ever question the future of oil and gas. Executive leadership is under pressure to handily return capital to investors or suffer rebuke when they need funding. Employees must weather harsh business cycles yet push themselves to compete and excel as compared to their peers. Top tier companies will continue to provide a very good living for many and a truly great living for some. Just be clear on where you work, remain knowledgeable of business, political, and technological trends and understand the pros and cons of the petroleum industry. Be prudent with your own finances, calculating with your career path and mindful of your level of risk tolerance. You could be one of those who excel, thrive and retire one day with plenty to be thankful for. But remember that the future is never certain as the change is often just around the corner.
Not me, and I think that any re-org news is welcomed if it means a possible severance package. When you get a few years under your belt you will understand. These problems are life as usual in teh oil patch. If you don't like the rough ride, get off the truck!
People posting here are becoming more burned-out, jaded and fatalistic with what seems to be non-stop employment problems within the greater oil industry. This company is no exception.