Thread regarding Chevron Corp. layoffs

Merger with Exxon

Hearing that we will merge with exxon soon, the discussions have been restarted from what I hear.
If this happens who will stay and who will go?
I know exxon is h3llbent in their ways and will not want to close their woodlands campus

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Post ID: @OP+1iJYlU8G

26 replies (most recent on top)

I work at Chevron and my brother who is two years younger than me is a mid level executive at ExxonMobil. I really doubt these two giants will merger or that Exxon acquires Chevron. But given the worse case scenario I’m wrong and Chevron gets eaten by Exxon, I stand to fair out nicely.

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Post ID: @ibgr+1iJYlU8G

EOG or apache seem much more likely than Chevron. Exxon is like a Borg collective: Don't expect to have a job long if you are eaten.

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Post ID: @hpem+1iJYlU8G

Rumor is XOM Spring campus going to small cubicles next year to make space for some 3rd parties?! ;)

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Post ID: @hjeg+1iJYlU8G

Post ID: @dml+1iJYlU8G - hypothetically speaking no worries about you sticking around. Doubt you would make the cut 🤔

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Post ID: @7jup+1iJYlU8G

@ojf re-org doesn't mean merger in the Chevron world. We do a re-org every other year and it's annoying af.

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Post ID: @6ppm+1iJYlU8G

Given Exxon's size and authoritarian nature, I would expect it to be a takeover, even if they called it a merger. Ask anyone who worked at Mobil.

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Post ID: @5wkg+1iJYlU8G

@2gbb, Except there's no merger, and there's no terms. So there's that.

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Post ID: @5eil+1iJYlU8G

If it is a merger it could be way better than EOI terms.

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Post ID: @5uas+1iJYlU8G

If it's so exiting, why didn't you take the package last time, it was barely 2 years ago? Also you are free to quit at any time if you have something so much better to do or go to. What's stopping you, tough guy? What I see on this site mostly is a bunch of keyboard cowards who are all talk is all. No ba--s.

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Post ID: @5qfw+1iJYlU8G

So exciting to think - EOI might be on the table? Please please please.

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Post ID: @5alc+1iJYlU8G

I suppose after the merger EXXON will equal MOBIL x CHEVRON squared.

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Post ID: @2qrg+1iJYlU8G

After my merger we had five kids and didn’t let anyone go!!! Mergers work!!

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Post ID: @1zkt+1iJYlU8G

Also explains why some ExMorons from California are looking for a house in Houston's River Oaks & Memorial Villages. However, perhaps the new management is already there. Those in Houston probably have a better chance of retention if they want it.

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Post ID: @1drl+1iJYlU8G

At NBL, a large reorg based on “peer benchmarking” preceded our sale by a year or so. This is now well known to have been done for M/A purposes.

Just saying… As an outsider, this seems to explain a lot around here…

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Post ID: @ojf+1iJYlU8G

Now the high level re-org makes sense. It will allow for an easy spin off oil and gas division to Exxon and Chevron focuses on New Energies.

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Post ID: @nio+1iJYlU8G

Ahhh this is where the mention of INTEGRATION came from in one of the other threads.

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Post ID: @czj+1iJYlU8G

See y’all at the office!!!
https://www.thelayoff.com/post/@OP+1iGvyGOO

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Post ID: @utr+1iJYlU8G

lmao! that would never happen nor would it get approved.

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Post ID: @mew+1iJYlU8G

How is the Chevron change of control package? Four weeks plus instant vesting?

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Post ID: @xuo+1iJYlU8G

Would make sense to close downtown offices if it’s already 1/3 vacant. Unfortunately I will resign or hopefully they offer a package to leave if there is a merger

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Post ID: @wam+1iJYlU8G

No way I would stick around. Exxon culture is awful from what I've heard. Not interested in the s h * t show that merger will be. Hopefully anti trust people would hault it.

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Post ID: @dml+1iJYlU8G

Check it out. One of many here: https://www.thelayoff.com/t/1iIT9w39

Depends who buys who on which campus wins. Many at ExxonMobil would love to not work in the Woodlands but unfortunately that would be the rank and file.

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Post ID: @xln+1iJYlU8G

ExxonMobil employee here. Same rumors running at ExxonMobil. Came over here to check and interesting to see this post.

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Post ID: @lbi+1iJYlU8G

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