My boss is one of the few competent managers I have worked with or for in all of Chevron. Highly engaged with his team and MOST IMPORTANTLY THE WORK! He took several of us out to lunch and was quite frank. He said best case scenario Chevron gets a completely new and top notch leadership team at every level. What about the completely broke middle of the sandwich. Chevron has let poor performance and horrible behaviors last so long it's entrenched in every corner of the company. Chevron will have a negative return of it's capital for a decade or more. This place would be brutal with the A team and we have the F team. HE SAID YOU WILL SEE NO :LEADERSHIP CHANGE IN THE FIRST LEVEL OF THE ROM. He said Chevron thought they were doing well 5 years ago. But the old adage fits great here.....a great market would make a monkey look smart. But when that market crashes put a fork it! After 35 years he announced his retirement to us first and was going back to the office to make it official. His parting comments were.....I don't think everyone understands 25%. when a company reorgs its usually 3-4-5% not 25%. This is called pressing the panic button to late. And this will get to the point of people jumping out of windows it will be so bad. THIS IS COMING FROM THE MOSY OPTIMISTIC GUY I KNOW! I am checking out and looking for a new job full time.
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I have been a Cheron employee for over 30 years. I have never seen management at all levels this bad. It will take years to correct these mistakes.
I have been a Cheron employee for over 30 years. I have never seen management at all levels this bad. It will take years to correct these mistakes.
All this psyche-out shit,... LAUGHABLE, man! Ha, Ha!
Head count means exactly what it says, the number of heads. A 25% cut in head count is a big deal. Read anything you want into that, it is just rationalization. The Chevron cuts are not even as deep as those at BP, Schlumberger, Baker Hughes and Halliburton.
lol at im. And ummm Dude, at least use punctuation correctly. No commas????? WTF? It reads like a jackass wrote it......or a new hire to Chevron....there you go.....did I use to and there correctly baloney baton?
Slob your knob WTF is im???? It is funny to see our young hires who can't get it right. This is why we are so f***ed up....we hire these jack ass's fresh out of school and this is what we get.....
Yo dick breath, at least get it right when you're making a point.
lol
Some of you jackasses on this thread posting about the managers being shit are those who are actually shit. P.S. im not a manager im relatively new to Chevron. Please, at least get your grammar right if you're going to talk shit. It's funny to see grown adults using "to" instead of "too", and "there" instead of "their". You uneducated F&$#$ are why our company is on a negative pathway.....
- Slob on my knob
EMC? What's EMC? Hahahahaha. Can't imagine us not continuing to manage our cleanups.
Has anyone heard anything about EMC? A lot of our work is close to the wellhead but our "ambition" level is 10%. Rumor I heard today is everyone in EMC is up for the ROM's process.
Let's talk about the BUs. Why am I doing their reservoir engineering work?! All they do is outsource their job to etc. I'm not kidding. Incompetence all over this company.
So everyone in ETC is the hipster fratboy that failed to launch?
The problem with ETC started when they grew beyond their focus of provide energy-focused technology solutions. Technical Computing has been involved for some time in initiatives that have nothing to do with pulling oil out of the ground. All of these projects that deal with information security, portfolio management, vendor communication, etc should be handled by the likes ITC coupled with internal PM and Financial SME's rather than a misdirected energy tech division that bills internal customers $500 an hour and has external consultants do all the heavy lifting. ETC is the hipster-fratboy still living on daddy's dime 10 years after graduating with a History major and working part-time filling growlers at the local draught exchange.
Etc needs 50%. Most managers are just there as. Training assignment from a bu . funny they cannot develops there people but treat middle management as a training ground. How can one lead without knowing the subject? Employee moral is so weak and the business model is so flawed.
Then go look at uc. Mirrored jobs but they do nothing and need very little billable, they are just fat waiting to be cut. They won't be though. Funny my time costs are 3 to 4 times my total package (everything included). I guess this is bus picking up ucs and my management's tab.
ETC people, really, You have way to many managers - Focus Managers - Function Managers. It is time to clean up ETC way to many managers and not enough billable workers.
Group within ETC. Yes, ETC will get hammered. It has to. It's size has quadrupled in the last 6 years.
ETC is going to get hammered
What group are you in?
Exactly. To reiterate some groups will be 100% employees gone. Some may even be 0% employees gone.
LOL at not a good negotiator. I was also told we would be closer to 40% I just read on here something that is worth repeating. It's not 25% head count across the board some departments may go away all together where some may loose 10%. And everything in between.
So more news on my supervisor. My daughter is in the hospital with a broken femur. She was hit by a car. My boss came to the hospital......and I knew as soon as he heard of the news he would be here. So he said he was asked to get his things and leave. They will pay him until his retirement kicks in.....why? He was blunt (poor leadership, Poor execution of project work, poor selection on promotions, poor employee development....) not ignorant on why he was retiring. They also threatened him to keep his opinions to himself as his negativity could lead people to self harm. Now how in the f*** can you spin that into suicides? No no no it's not the bastards at Chevron that are leading to nervous breakdowns it's my boss telling them he is leaving because of poor leadership and a disregard for people in Chevron? They literally kicked him out. Now he is pretty dam happy lol.
One of the groups in my unit is set to lose 40% employees. Guess our manager is not a great negotiator.
and 22-25% of Chevron employees this does not include contractors.
Correct its over all cost. And the poster that said it is just over 25% for AMBU and CBU is correct. The number of people in project alpha is estimated to be 22-25% of head count.
@Anonymous120050 opex is not the same as headcount... your boss might make 50% more than you. you can eliminate a layer at PSG23-25 range and maybe still be okay functionally. also, there are a lot of expensive individual contributors that are raking in over $200k a year. cutting one of those guys is like cutting 2.5 of a new kid on the block..
so yeah, headcount is different from opex.
The percentage is actually higher for the two previous ROM's at the BU. The initial AMBU was 23% and Canada is 20%. Still jaw dropping but part of this that is not counted is "transitional" positions that last 3-6 months then your fired.....and there is no maybe I stay....you are fired. AMBU after 6 months was 29% and Canada will be 27%.
Costs, not headcount? Headcount is the most expensive cost. Do you think you can cut 25% by cutting coffee and tissue in the cafe? Hahahah. You must not have any budgeting experience. The ROM reports are 25% of headcount.
Folks that percentage if it is or is not correct represents costs not headcount.
The situation is that you have many an employee that has advanced to a PSG higher than what their present position requires. Until the last ROM you also had a great number of high PSG folks that were individual contributors, TL's with less than 6 direct reports, or occupied a position that existed solely for the means of coasting them to retirement.
Cutting costs means that people getting paid $230k are not doing a job that could be done by someone making $100k or less. Sure it's going to be painful for those not ready to retire, but many raised their hands to retire in the most recent ROM and most are still here. A year later the same expense folks are draining the budget vs the one time event of cashing these folks out.
You have an outstanding manager. He/she went against Chevron HR policy to be truthful with you. HR would say he/she is a loose canon to have told the truth.
This is the big crew change you heard about the past 10 years.
Reorg? More like someone really f***ed up. It was a really good show. Now us little guys have to pay the price.
i agree with the poster and his manager. Chevron has been mismanaged for years. The company is based not on rewarding performance but lining the pockets of the greediest group of lifers I have ever experienced. How few of the senior management team have been recruited from outside the company? Zero. They are steeped in the Chevron tradition of lining their pockets, promoting their cronies and and ignoring the obvious. They hired contractors and employees when none were needed, spent money on PR and trips, touted useless programs and sit all fat and sassy. The Board is the same.
Shame on you all, but you will laugh all the way to the bank. You all sold your shares last year.
I agree. I left Chevron back in March 2015. My PM was kind enough to give me 6 months to look for a new job. He told me PRC and ETC reductions were going to be a blood bath. He was the best boss I have worked for. He saw the writing on the wall back then. Take some good advice.......go look for another job before everyone waits too late and you will be competing with them on your next job.
I am with your supervisor. It blew my socks off when Halliburton announced an 8% reduction. I thought wow that is high. The service side always sees a higher head count reduction in a slump. I did not believe 25%. And were is the outrage at management. A 25% reduction shows zero leadership and planning. Now you realize it's not 25% across the board right? You will see departments decimated or completely gone on the new org structure.