Thread regarding Chevron Corp. layoffs

Chevron Shipping Company would do better letting UPS or FedEx handle all the company's shipping.

CVX s---s at Shipping, their shipping costs are some of the highest in the industry.

I guess I'm lucky to work around hard working, dedicated people who always get the job done. Most of them are O&M or 21 level.

Down the hall you will find "PSG 22 Row". The entire group couldn't accomplish in a month what a good supervisor does in a shift.

The shining star took off last Monday for Presidents day, he didn't know.

What about climate change, stranded assets and peak oil demand? Does that worry anyone in Chevron? Did we learn anything from the collapse of the U.S. coal industry? Could a similar collapse happen to Chevron?

What about all the billions put into AMBU. When are we selling that asset

Exploration capex is way down, but what's still there isn't being spent drilling wells, it goes to high-priced G&A and manager offsites at fancy resorts.

If you think we are dumping big bucks into exploration you havent been paying much attention to the budget.

Harder to find oil these days, sounds like it might be worth considering acquiring another company more adept at exploration and a little less with all the fluff, where has all the cash flow gone?

Agree we stink at exploration! Bobby's LT has been trumpeting stranded gas discoveries in West Australia and deepwater GOM for years. None of it remotely economic, none of it having a hope in h@ll of ever moving into P1 or into the tank. Yet look at the $$$ we continue to sink into Exploration G&A and ETC SR/TD/TS!

P.S. this post will be deleted within the hour

I can't get too excited about backpacks, but BILLION dollar change orders!!!! Chevron only made about half of that last year. Did they ESP the EM position?

Correction... we USED to be great at finding oil. Now we pretty much s**k at that too.

There is not another oil company out there where you will see so many employees wearing back packs. This is a unique Chevron thing. It is truly weird. Wearing back packs because your arms hurt? All of those lazy and fat employees can buy their own back pack. There is no shortage of really fat people in Houston. Why should Chevron pay for it? There is a gift store where employees can buy their own back pack at a discount. I guess this company has money to burn.

-aed We agree...the only thing worse that people wearing free company branded backpacks are the people complaining about the backpack wears. The only thing worse than that would be a person complaining about the people complaining about the people wearing backpacks. The worst thing would be for me to share the history of the backpack issues and concerns within Chevron, and other issues related to potential, yet heretofore unrealized, problems with a lack of color and design diversity for people with varying preferences physical atributes and handicaps, as an OE moment at the start of my one hour well completion meeting tomorrow morning. That said, maybe that is what I will do, because I have no idea why the casing failed and if I can get the OE moment to span the whole hour then everyone will leave happy we solved (or at least fully explored) that difficult backpack issue. With that explanation now you know why I have recognized sr management potential in Chevron!

I understand the concern and grief about overbearing and counter-productive management and policies. However, what the heck does a company giving away free backpacks, which are very useful, and the employees choosing to wear them to ease a burden on their arms, or just because they want to, or not, have to do with anything? How is that related to any political or human resources or staffing or competency or anything that people would find relevant to discuss on a layoffs forum? Anyone who complains about people wearing a free company backpack, jacket, hat or anything else useful is pretty much being an idiot and simply needs something to complain about because they have nothing genuine to actually complain about.

"now being challenged by the Asia buyers"...better hope the contracts hold, or else Chevron is in deep dodo. Then again given my past experiences with legal...we are already in to toilet.

@LVENbhq, I agree 100% with your post, you have hit the nail on the head. "Chevron Way, OE, CSOC - slogans for those that can't" how true that is. There are people who make careers out of this bull and add little or no value to the company. OE Champion being a good example.

The best project execution staff in this company were facility engineers. prc decided to lay them off to preserve their jobs. Good for other companies in the industry who were quick to hire this talent. A bunch of lazy inexperienced egotistical dead wood left executing projects at chevron

FGP in Kazakhstan a joke. Module yard in Korea has already had huge change orders in the billions of dollars and haven't even started cutting steel. Another prc fiasco

Chevron got 10 year price contract guarantees but those contracts are now being challenged by the Asia buyers since the prices have collapsed. I don't think they will hold up in court

abc -

"What kind of weakling only speaks up anonymously on a web site but otherwise wears the backpack and claps for diversity moments?"

The smart ones.

People that fight the insanity get run off. The last layoff was a good example. PMP sessions work the same way. Chevrons performance management style is a primary reason the company is rotting from inside.

Gorgon and Wheatstone may be company-breaking, uneconomic white elephants, but they both have kick-a-- Enhanced Asset Development Plans! Thanks to UCRM and our GM of RM for getting our organisation to focus on the completely wrong things.

If you don't like Chevron you can try to change it or just work somewhere else. What kind of weakling only speaks up anonymously on a web site but otherwise wears the backpack and claps for diversity moments?

To gnm, I feel your pain. I am gone now from the Chevron insanity you speak of. I would tell some of my friends about the things you mentioned and they would look at me with disbelief and ask if I am exaggerating. You left out the part of the cult-like work environment, mandatory BBS reports (tattle tales), antibacterial hand cleanser at the elevator (Houston) and how 80-90% of the employees wear those stupid back packs. It would remind me of little kids going to elementary school in the morning. It is more important to be PC and in compliance than to actually get real work done.

To Chevron's credit that got 10 year commodity price garentees to offset much of the cost of Gorgan and a good bit of Wheatstone, so things are not as bleak as the op suggests. Longer term there is a lot of price uncertainty, but to that I can only say welcome to the hydrocarbon industry... same old same old;-(.

Small beans relative to what you speak, perhaps, but with all the layoffs and retooling to focus on the bottom line activity why am I continuously besieged with PMP, project management updates and reviews, compliance training, diversity monuments that last an hour, and the never ending moronic workpace breaks (blockages). I could get twice the work done if I stayed at home... and that an underestimate. Where any of these annoying folks that think up ways to waste away my day not fired....good god, let's try a management free month or two and see if that allows productivity to rise and cost to product deliverable to sink. It is not about diversity, it is about incompetent mmanagment!