Thread regarding Noble Energy Inc. layoffs

Just 10%????

is it true? just 10% will get offering from CVX?
Please confirm if it is true or false.....

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Post ID: @OP+17CcLh6q

8 replies (most recent on top)

Why does everyone automatically assume people are fishing? I mean, who is just cruising around this terrible site wondering what happens with Noble layoffs?

10% of HOU being retained actually seems about right. And with all due respect to previous poster, 100% wont be kept from any other location - probably out of principle.

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Post ID: @1qjt+17CcLh6q

Why does everyone automatically assume people are fishing? I mean, who is just cruising around this terrible site wondering what happens with Noble layoffs?

10% of HOU being retained actually seems about right. And with all due respect to previous poster, 100% wont be kept from any other location - probably out of principle.

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Post ID: @1pjy+17CcLh6q

The OP clearly doesn’t work for Noble, why feed the fish?

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Post ID: @1gdg+17CcLh6q

Ok everyone.

Cvx said they will keep 70 to 75 percentage of Noble work force.

100 percent of dj kept
100 percent of Israel and other foreign groups kept
100 percent of eagle Ford kept
100 percent of midstream kept

Permian and main office in Houston have a bunch of duplicate jobs. So, these groups will get beat up hard. I estimate over 75 percentage cuts in these groups so the overall average across the Noble head count comes to 70 to 75 percentage

Good luck to Houston based jobs. They are all duplicate jobs hence why people think it is a blood bath

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Post ID: @1zku+17CcLh6q

25-30% cut according to CVX. Houston will get hit hardest cuz that's where most of the people are.

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Post ID: @adv+17CcLh6q

Just glad to be waiting at home instead of the office!! Always such a miserable day, did HR reserve a CR on your floor, how many bags and water bottles in the room. This is better.

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Post ID: @cci+17CcLh6q

I haven’t heard any number, but in another thread, someone mentioned over 10% of TX employees would be cut.

Keep in mind, if somewhere north of a 30% workforce reduction would kick in the federally mandated WARNs act. That means 60 days paid advance notice. And it’s per facility. Colorado and Texas would be treated separately as I understand it.

I think reducing the workforce from somewhere around 10% to less than 30% is more realistic.

But just a guess I’m adding to this rumor mill website.

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Post ID: @lbl+17CcLh6q

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