I hope we will find out immediately, and not be in the dark on the actual scope of layoffs for the whole duration of reorg. At least we would have a somewhat better sense of how much each of our jobs is in peril. I’ve been looking for an alternative... — read more
Has anyone been told to update your talent card?
Recently found out some teams, including mine (MCBU-Production Services) have been asked to update their talent cards because that is how the secret group is going to decide how people will be chosen to keep their their current role, transitioned... — read more
CL is out
CL is out, like some posters below predicted. Bets on who's going to replace him?
Ok now to layoffs
Seeing a 900 Millions allocated to severance package and stuff .. if you divide that by 175k that's average annual employee salary gives you ~5200.. I would could it somewhere 7000. That's the layoff # I am guessing. That's what ~ 15%.
Maternity leave during reorg
If I have to take maternity leave during 3rd quarter this year, how will I participate in the ROM? Has anyone gone through reorg while pregnant?
1.1 corp factor
Kinda surprised
Head Count
If the latest rumors are true, this is the list I have of senior leadership “retirements” and resignations over the past year: EN, GM of Data BB, CIO AW, VP Corp Affairs RM, VP HR CL, Head of Cyber NH, VP CP, VP Midstream LM, Executive Advisor to... — read more
2025 RTO Thread
let's talk
After reorg announcement
This is my 1st reorg. If you are getting cut, how long after the reorg does this happen?
Tariffs
By all accounts DJT has said he wants tariffs permanently in order to bring in money that way. What's the impact on the economy and Chevron in particular? Any impact or expansion of the layoffs for us?
Empty parking spots
Mgmt loves to say the building is empty but the only emptiness I see is the dozens and dozens of empty reserved spots…..leadership is the problem.
EOI call
If you are 58-60 or above, would it be better to EOI than getting fired without a package later in year when that role moves to Engine ?
$715MM severance
Did anyone notice the $715MM severance charge they took in the 4th quarter? Is this a move to lessen all the upcoming EOI’s or have they already paid this to the lucky execs that have been shown the door? Way to continue to cut cost EB
EOI vs selected vs left standing - do I have this right?
If you EOI and are selected, you get whatever the offered package payout is. If you are selected in whatever event will take place, you have a job obviously and remain employed. If you go into the event and are left standing without a job in the... — read more
Will DEI impact the ROM?
18 year employee here, and now I have convinced myself that maybe taking the next exit could possibly be the right move. Anyway, I’m curious on other’s thoughts on DEI at Chevron. A company who claims to be color blind really can’t be while also... — read more
Why don’t Trump intervene to offshoring of jobs
Big oils Exxon and Chevron are offshoring American Jobs to cheaper countries. We should tag POTUS and our senators to raise the issue. American data should not be processed at offshore countries. I think this will protect this round of job... — read more
BOD & ELT Must Go! It's time
Today's earnings release performance was a CLEAR indicator that the board has lost its way. MW just doesn't cut it any more. EB was a disaster. It's time for a board refresh and for MW to move on. He's old. It's ok to move on. Doesn't look like any... — read more
4Q earnings call
Did anybody else feel that MW started the call with very low energy and then became almost agitated and called out Investor Relations guy for allowing some off-script questions to be asked? Thoughts? Also, can we please get EB some coaching to stop... — read more
Question on relocation
What happens if they ask you to move locations to keep your job and you don’t want to move? Can you decline? Do you still get severance ?
Once again losing to Exxon
Exxon focused on growing the business via exploration and MCPs. Chevron can’t even meet analyst earnings even when we are in cash harvest mode (look at our reserve replacement ratio in 2024, yikes). God I can’t wait until MKW gets canned after Hess... — read more
MCBU Campus Evacuation
What’s going on? Everyone ordered to leave for the day.
Oronite
any rumor on what is going to happen to oronite?
The important things
Glad to see MW was so busy changing the report wording to Gulf of America to appease his government overlords instead of actually focusing on the cr-ppy earnings themselves. Who cares about refining taking the first loss in four years when you can... — read more
Wall street love you MW
Wall street not impressed with latest earnings report. Maybe the BoD need to make some changes.
Are MCPs targeted with the ENGINE transition,
If so, which ones? timing, strategy?
What it’s gunna take for IT to work in ENGINE
I’ve been here for 10+ years, and the problem Chevron has is too many leaders who don’t know enough to hold employees accountable. It’s night and day from my last gig where leaders knew more than almost anyone on their team and could step in and do... — read more
No reserves were replaced in 2024
Today's earnings show has a horrifying Reserves story on slide 22. A healthy growing oil company adds more to reserves than they deplete through production. Adding the same amount we produced would be a 100% reserve replacement ratio, which is... — read more
Gulf of America
What a joke. Q4 earnings presentation has gulf of America all over it. Sad that our leaders caved to ridiculousness and stupidity. Let’s be real: the name is so DJT can get a hard on.
lol missed eps
Big dip in downstream prod and margins. Made some $$, but missed eps… “Chevron also said it expects to maintain its share buyback program of $10 billion to $20 billion per year” Glad we’re focused on the right stuff…
Ready to EOI… coming soon…
very soon get something lined up unless you plan to stick around as all the leaders feed each other to the wolves to line their pockets and fulfill their vanity they don’t care about anyone everyone is on the chopping block even Mike if Hess fails... — read more
Sad
What a sad statement of how far chevron has fallen. Corporate greed and zero employee loyality. Making record profits and so much money and all they think about is how can we cut more jobs and make more profit. Glad I retired when the company... — read more
Measuring Contest
We are a profitable company like plenty have said. Is all of this just a CEO 🐓 measuring contest?
Left standing
Think we are all applying for the available jobs or will they repopulate org chart?
HOU office ghost town
My observations about returning to the Houston office for the first time since 8 years ago: Holy moly! People are really milking this flex work schedule. Not only are you only required to go into the office three days a week, but I went downstairs... — read more
Engine
What’s the latest in Engine? Anyone working with the talent there yet ?
Which firm
Which fabulous consulting firm is advising us this time?
Human Energy
MW definitely needs to share some energy as he's sapped the energy of every employee with his cuts and changes. No one has any left so productivity is done. MW makes us all feel like a piece of ...
Fruit in ABU
So it's official, they've cut the Perth office down from free Fruit twice a week to only once a week. That's it I'm quitting and going to Woodside. They may never have had free Fruit to begin with, but at least they never had it taken away.