The only place I have heard anything about job cuts is here. And every post and comment sounds like the same guy. Where does the info that we have layoffs come from? In 202 they told us a bout it long before it actually happened.
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Before the major cuts, they were already looking at cutting back selected portions of the company. This is the calm before the storm. They're not going to tip their hand before the next axe swings.
Um, global recession led by China? $30 oil mate.
“Oil isnt going to dip below $60”… this is probably true, unless Russia leaves Ukraine, Iran makes a deal with the west to remove sanctions, or Venezuela changes its government. Even with none of that happening, Chevron’s assets are maturing such that fewer people are needed to maintain current development. Either we find or buy more assets, or expand into other investment areas, or we just will not need current employee levels. The big baby bo-m retirement wave is mostly over. The problem with acquisition or investing in other areas is we might not need all our current employees even if total numbers remain the same. Even if current layoff rumors are not true, be careful where you position yourself within the company going forward!
If it "sounds like the same guy" then it must be the same guy, right?
Like others say with our current management there seems to be an obsession with layoffs every couple years. They need to find new ways outside of cuts to the rank and file all the time.
So much d-mb on this site. Oil isnt going to dip below $60 anytime soon unless there is a major recession or another pandemic. There has been insufficient investment in crude supply for several years now while demand continues to march upwards.
Recession within the next 30 days.
Cyber “te------t” attack in 2023, probably Q1.
Travel will slow due to economy or government pressure (support a war, climate change).
Oil will drop.
Layoff announced when oil dips below $35.
Layoff will be named Evolution, Chevron Next Gen, or something similar.
Polaroid comparison ad nauseam.
Chevron will get new logo. Other companies will rebrand too.
BCG tells CVX they can cut headcount by 20%+.
Offices will consolidate.
CNE will grow.
SJV for sale dirt cheap to Aera or investment firm.
CBU for sale, no buyers for 12 months.
Alexa, remind me to check Nostradamus’ post on TheLayoff on December 31.
No layoffs. We are hiring.
About to get a big structure bump and CIP but fools on her still think layoffs are coming. Good grief.
OP you are onto the Wizard of Popcorn. He runs a one-man show here. Pay no attention to the man behind the curtain.
Guess you must have drank the management coolaid !!! What a fool....as long as MW sits atop the pile layoffs are aways round the corner. Take off the blinkers