Thread regarding Chevron Corp. layoffs

On web 3 31 16 downstream hit to.LAYOFFS...

620 IN SAN RAMON....305 IN CONCORDIA CALIF AND 520 IN BIG HOUSTON,,THATS WHAT I READ,GOOD LUCK AND PRAYERS WITH ALL OF YOU..

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Post ID: @OP+GK17Qi0

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You guys are such f---ing idiots. The article is from 2010.

http://www.onesourceconsultingusa.com/chevron-laying-off-1500-as-part-of-downstream-restructuring-wall-street-journal/

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Post ID: @1rjk+GK17Qi0

Yes, and how many of those will be overseas employees? Not many I'm guessing.

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Post ID: @zxa+GK17Qi0

No, Sean Comey took the position of Chevron mouthpiece October 2015. Its a good source. You can find out anything on the enter- neck.

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Post ID: @qbj+GK17Qi0

I'm fairly certain that is an old article, like from 2009. Someone trying to stir up the pot.

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Post ID: @cic+GK17Qi0

The first announcement of a Reorg.

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Post ID: @bkf+GK17Qi0

Jaz hands. The hefty layoffs will boost CVX stock more than enough to pay off the fat bastards.

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Post ID: @cnz+GK17Qi0

WTF ? Downstream is the only part of CVX that's profitable, and still getting chopped ! San Ramon must be desperate for cash.

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Post ID: @jmw+GK17Qi0

SAN FRANCISCO -(Dow Jones)- U.S. oil major Chevron Corp. (CVX) said Thursday it will lay off nearly 1,500 U.S. workers as part of a broad, global restructuring of the company's downstream businesses. Chevron has notified employees and community leaders that it will lay off 620 employees in San Ramon, Calif., where the company is headquartered; 305 employees in nearby Concord, Calif.; and 570 in Houston, said Chevron spokesman Sean Comey. Those job reductions are part of a plan to trim the company's global downstream workforce by 5,700 jobs over three years. The company laid off 1,900 people last year and plans to lay off 3,800 by the end of next year, Comey said. Comey said the process of reducing Chevron's workforce is difficult and includes "everyone from executives on down." The company is providing laid-off employees with severance packages and help finding new jobs, as well as explaining that the layoffs are due to economic forces, namely more supply than demand, rather than individuals' ability or performance, Comey said. In March, Chevron said it would cut staff at its crude-oil refining and marketing business by more than 20% due to sluggish fuel demand. Pink slips are also being handed out to employees in the company's downstream lubricants and chemicals businesses, Comey said.

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Post ID: @hlz+GK17Qi0

http://www.advfn.com/nyse/StockNews.asp?stocknews=CVX&article=42814504

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Post ID: @wmd+GK17Qi0

proof please

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Post ID: @qjk+GK17Qi0

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