Is that right? If the current ESP is for 4K to be cut, How many will be laid off after this ESP in April? What some are referring to as Alpha2.
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I'm @Gcxn7nL-2uec and I am a piece of rotten deadwood preparing to be cut from the tree like I deserve to be, that's why it's important to me, 2dts.
@2uec, who the hell are you that goes around pasting this same text about lump sum pensions on several threads on this site? Are you seriously wanting a discussion around this or are you being an annoying tend. Post your own thread.
One big thing to think about is Chevron will no longer offer Lump Sum Pensions. you will get an Annuity every month. and Chevron will keep your millions and be making more money off of it. Then when you die the checks stop and Chevron keeps it all. it is coming next year!
CVX to slash an additional 2 Billion from their budget this year. SASBU to provide 500 Million of that, this year; Good Bye Expats. Why does everyone keep forgetting that all of the numbers presented are old and connected to 60$ barrel of oil. At 30 a barrel more cuts to come. No one's job is safe!
Look at sec filings last time oil prices were at this level. Note the headcount.
That's where we're heading.