Thread regarding Chevron Corp. layoffs

Come on, the two of you. You sound like two drunks fighting in the parking lot.

dumj, Key word is "If" and prefix "MAY" offer a severance package to be correct. Good for you if they do. There are no guarantees and CVX owes a laid off employee no such benefit by law. Chevron has generally been very generous in such instances. It's stunning how they attract so many ungrateful parasitic d---beats who are essentially useless. Those are many of the ones cry-babying on this site.

That depends where you're sitting man. If your BU is going through a major re-org (like DWEP & GOM) you can very much expect to see employees finding themselves in a "surplus" situation after the fall PDC. Chevron will offer severance, and EOI has yet to be decided. I anticipate fall PDC to be flooded with GOMBU blokes as GM has already stated people will have to consider being re-homed in other BUs if they wish to stay employed by CVX.

@NHhPMo1-cmxj, Actually citv's comment was 100% spot on. What part of; there are no severance packages offered when no major reduction of staff is in play do you not understand? I am a Chevron 35 year veteran, survived many, many layoffs and can assure you that is the case. I am sure that the readers now know who is Goofy in Disneyland, and it's not citv, to give you a clue, since you have none.

OP, those who are already in expat positions are not going to give up their positions what with all the perks and tax free allowances. So there will not be any openings for expat positions in quite some time.

citv- It sounds like you live in Disney Land (or HR). The people "connected" get jobs and the rest will either be offered a job in hell which is another point scored for the CDP. There are more people looking for positions than there are opportunities. You should be sent home but your role at home may be filled by another expat placed there as a result of their "old boys club" membership despite being contrary to visa requirements and lack of CDP action. Perhaps the surplus can join you in Disney Land.

It's a PDC, not an announced layoff. Up until you hear the word "Layoff" mentioned, the answer is No. There will be no EOI possibility this fall. So put your plans to retire with a severance check larger than 2 weeks pay to rest. Retire if you choose, but it won't be compensated in the way a layoff would give you.

Anyone hear if EOI is being offered this round?

6rbk - as a 30 yr 'retiree' who EOI'd last spring, the post previous to yours made a lot of sense to me. There are still of ton of non-essential (pretending to do something but adding no value whatsoever) employees on the payroll. When the going is good they can hide, but when things get tough their lazy, no productive selves are exposed.

The last comment made no sense.

Everyone here also is noticing all those not essential employees starting to crawl out of the shadows trying to get involved all of a sudden. Please do us all a favor and crawl back in your cave. The sad reality is you accepted your fate back when you applied for your cheesy position.

Honestly, everyone here sees all the bs job titles and non-essential people, meetings that have little to no purpose, diversity celebration days and all the other nonsense and waste of time and correctly conclude that another 5-10 thousand people can easily be laid off without affecting the core business of this company. That is assuming that the core business is actually exploring, drilling, producing, refining and bringing to market hydrocarbon based fuels and products.

You might find something but wouldn't get hopes up just yet. Tengiz expansion will bring new people, but they've been staffing up for several cycles already. Angola expats are dead men walking. You've got to remember that a lot of inpats from our overseas locations were pushed back to their home locations recently.

Asset sales are still on the table too, so you need to stay away from low opportunity for growth, mature assets where OPEX is out of control. Do your homework, which assets are generating cash flow? That's where you need to be for a few years.

Severance packages have gotten progressively weaker. The best ones weee related to some of the mergers. 2015 was weak but still cost a lot due to number of people involved. Vacation rules were changed and other tweaks to where 2016 severance benefits were reduced. 2017 could be even worse.

HR has been very busy closing loop holes in general and reducing ongoing employee costs/benefits under the premise that people should be happy to have any job at all.

@NHhPMo1-4lyj In your first sentence you wrote "one can assume" and in the last "nothing should be assumed"

Not to pick a nit, but make up your mind and take a stance. What's it gonna be, pal?

4zju, One can assume that anyone not successful in the PDC and loses their job at Chevron will be given the standard severance package. The key word is "assume" because severance packages are not required by law or company policy. If the company anticipates there will be employees losing their jobs coming out of the PDC sessions, you'll need to wait and see if the company makes an announcement about severance packages. Nothing is guaranteed or should be assumed.

Will employees laid-off in these PDC lay-offs receive the same severance pay and benefits as those in 2015 & 2016?

OP, I don't know how many international assignment positions will be available, but If you go into the PDC during this environment be ready to take ANYTHING that is assigned to you otherwise you COULD look at being laid off. Don' think about choosing cross functional jobs. Stay with your core discipline. Good luck in the Fall.

You are correct, 3wyd. There is plenty of rotten dead wood remaining on the tree that needs to be trimmed for it to become anywhere near efficient.

@3qts is technically correct in saying "layoffs are over". Layoffs are planned massive dismissals of personnel. It's a process that falls under labor law statutes. We had layoffs recently in 2015 and 2016. What I expect to see moving forward are smaller reductions in personnel that won't fall under the process of a layoff. The PDC will likely serve as one of the means to cull the workforce. Little by little, the typical twice a year PDC sessions will pair down the necessary numbers of employees without invoking a layoff.

I heard another 1000 layoffs planned. My recommendation to new graduates is to stay the hell away. No technical mentors left at this company. Just a good ole boy family of backstabbers with no vision who will throw you under the bus at any opportunity to save their own skin

Avoid the pdc. This is a tool chevron uses for laying off people so chevron has all its eyes dotted and tees crossed to minimize lawsuits. All careers moves are managed and done outside of the pdc. Only fools entertain the pdc process. Your better off spending the energy getting cvs on the street in lieu of filling out pdc forms

This has got to be fake news. Watson stated that layoffs are over. Geez, if you can't believe him, then who can you believe?

Fall PDC = More music chairs.

Yes indeed. This is where you come to find out info about opportunities, and the security and longevity of your employment. You've come to the right place.

You'll fit right in here... THE LAYOFFS FORUM!!!!!

I can tell you from over 25 years of experience. There's two kind of supervisors - one that doesn't have a clue and another who won't give you one. Remember that.

xuj - Here I thought a person was free to post a question. From your reply I expect that you are one of those HR muppets we have to tolerate daily. Did it occur to you that Supervisors dont have much of a clue and the one who do believe the answers are top secret available to the "boys club" only.

It is strange that you ask this question in a layoff forum. You should be discussing this with your supervisor.

I guess very little movement. Period. Mustmoves and experienced replacements.