Apparently it's Boston Consulting (BSC), friends of CEO, who recommended the crazy layoffs so to keep the high dividends going. If lower management will not layoff, then BSC is ordered to fly in and do the layoffs for them. In return, CEO is provided a handsome $40 million payout as a golden parachute.
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today's message from our dear colleague Jay Johnson, Executive Vice President, Upstream: "reduce Chevron's workforce by 6,000 - 7,000 people from end of 2014 to the end of next year." which is interesting since it seems to imply that the previous 1,500 are included in that number. "we will conduct an enterprise selection process in the first quarter of 2016, details of which are currently being developed, but will largely focus on expatriate employees and U.S. business units."
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Chevron can't blame BCG when after all they approve the layoffs.
It is sad that Chevron doesn't have the management capability to run the business. They constantly bring in high priced consultants who know little about the business, to try and do the job they are not capable of doing. I think they just want someone else to blame when everything goes wrong.
Search this site for #BCG and you'll see that they have executed many layoffs in many different companies - try this: https://www.thelayoff.com/search.php?q=BCG
Yes, it's Boston Consulting Group (BCG). We understood your post anyway.
I think it is BCG