Thread regarding Noble Energy Inc. layoffs

We will pay the price of this acquisition

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 Noble side. Then everything that can be considered no longer needed will go, and there'll be a lot of that. Basically, it'll be a bloodbath. My advice is to start looking for a new job right now.

by
| 1903 views | | 9 replies (last )
Post ID: @OP+165vBP6Y

9 replies (most recent on top)

"The quality of the geoscience and production people WAS first-rate."

Yes indeed, nicely placed emphasis on the past tense. All the real finders already left Noble in frustration, retired or got chopped. VERY few remaining, just the NV clowns who took over G&G management. Those guys and gals are proudly riding the wave generated by others. Too bad for them though, they thought they'd be able to milk their posts until normal retirement. Chevron's acquisition mess up that plan. Once the CVX risk team starts digging through Noble's XX files the s–t's gonna hit the fan. Those flunky Noble geo managers left their fingerprints all over those documents. Any who manage to bs their way through the merger won't make it past the second cut.

by
|
Post ID: @2wde+165vBP6Y

The layoffs carried out in the last two weeks ensured that many good people will not be eligible to be considered for employment at Chevron. I don't understand why this was done, unless it was to make the conditions (e.g., number of people still on-board that would have to be laid off by Chevron) look better to Chevron management. In any event, since CVX is queuing up large cuts themselves, it's unlikely many NBL people would have been retained outside of a few specialists (e.g., EMED) and some production people. And FYI, having worked at several companies, Noble management was appallingly inept (on good days) but the quality of the geoscience and production people was first-rate.

by
|
Post ID: @1ugm+165vBP6Y

"...a quality Noble employee."

Congratulations! That's some powerful breakthrough thinking you got there. Sorry to pop your bubble though. Repetitive layoffs have left very few people of quality in this company. Noble is now very top heavy, most of the good workers having been terminated to preserve the jobs of incompetent managers. Chevron may indeed keep field staff and some key technical people, but that will be project dependent and individual specific. As for Noble's bumbling managers, they're toast.

It's absurd to compare this deal to the Chevron-Texaco merger. Chevron and Texaco were near equals. They also had an established long term global partnership through CALTEX. Noble's acquisition is nothing close to that. More like an elephant acquiring a flea. There won't be equivalency between organizations for job placement, Chevron staff will have preference. That's just a fact. Get used to it.

by
|
Post ID: @1aar+165vBP6Y

I have been told by Chevron people that when there is an acquisition, like back when Texaco was absorbed by Chevron, everyone was required to re-apply for their jobs - everyone, Chevron employees and the acquired personnel. Some positions were closed, but the majority were up for grabs.

Now, having said that, I do believe knowing the track record of Chevron employees would give a step up, but employees of Chevron who have been on the bubble with performance would be subject to getting cut over a quality Noble employee.

I don't think its as cut and dried as some troll like individuals make it out to be.....

by
|
Post ID: @1hoq+165vBP6Y

The real question will Noble lay us off first or will Chevron lay us off later

by
|
Post ID: @ech+165vBP6Y

I'm sure no Rosetta employees would agree with you. Oh wait..

by
|
Post ID: @fve+165vBP6Y

Very unfortunate that there will be job losses. S—s. Having worked at other companies I can tell you that Noble has some really, really good people, despite of what you might read from trolls on this site. The ones that do make it to Chevron I can tell you will do very well over there and will add a lot of value to Chevron.

by
|
Post ID: @ufu+165vBP6Y

Yes, welcome to Chevron. Both of you...

by
|
Post ID: @fbp+165vBP6Y

For those of you who do make it....Welcome to the Chevron family!

by
|
Post ID: @ijl+165vBP6Y

Post a reply

: