Thread regarding Chevron Corp. layoffs

Where is CVX heading?

It is so so sad to see where the company is heading. Over the last few months, we have seen incredibly productive and experienced employees being let go, and at the same time, the company bringing in new inexperienced workers to replace them. In one instance, I was told that the company went out to advertise for less experienced and less qualified people to do essentially the same work of those who were let go. There are companies who went through and survived downturns by cutting salaries across the board, or forcing employees to take unpaid vacation days, or giving employees to take a pay cut or being laid off.

What's coming out of the ROM? It's a matter of whom you know to get you into "safe" or newly created positions, e.g., "Advocacy Campaigns Specialist," or "XXXX Executive," or "Executive in charge of (Business Unit)."

It's so sad. The company I once knew and loved is gone. Management is either incompetent or just plain greedy protecting themselves without thinking about the shareholders first. Incompetence and poor management cannot be cured overnight. In a few years, competitors will eat CVX alive.

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Post ID: @OP+DO4cbGT

3 replies (most recent on top)

not much difference how our government is run and chevron..chevron is just adapting to the oil glut problem...but our government is 20 trillion in the hole..how on earth can u fix that,,,

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Post ID: @1n4Z+DO4cbGT

I agree with the OP, it is a shame to see what has become of a once really good company.

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Post ID: @t1N+DO4cbGT

reminds me of the movie (idiocracy), in a sense if you have more brain cells than your superior(s) and you dare to speak your mind instead of just nodding and agreeing with them, know that you will be targeted for insubordination or for not being a team player, and during times like these, you will be let go. this however leads to more and more ass kissing incompetent dumb asses running the company (eventually to the ground).

it has been reported that some cvx contractors made comments to cvx employees about how pitiful that the cvx employees' jobs are less stable than the contractors', that the employees have to re-apply for their current positions and might not get them, whereas, contractors are not not in-scope because they are not part of the head count.

then, you have the ceo in his (latest) monthly news letter, talking about how cvx will be paying dividends to the share holders. probably they will end up doing away with stock matching or god knows what other absurd insane ideas they might come up with (or boston global consulting might come up with, as cvx leadership cant rub two brain cells together to come up with a semi-intelligent idea).

fixing chevron will not be accomplished unless changes start from the top first. executives incompetence and/or carelessness is what brought this company down to its knees. sure oil prices played a role but truth be told, if chevron execs had enough business and common sense, they would not have put all their eggs in one or two baskets, gambling away the future of the company and its tens of thousands of employees. exxon seems to be doing better than chevron, they must have done something right, so the possibility that chevron could have been in a better position currently, is a valid one.

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Post ID: @Nzw+DO4cbGT

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