Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Hooray for Bollywood

Rumors suggest that there's a chevron inspired remake of the lord of the rings. Apparently they're arguing over the precious representing dividends or managers bonuses. All are aligned on filming in India to save costs.

by
| 890 views | | 2 replies (last December 17, 2024)
Post ID: @OP+1vW0a4Hv

Reality for San Ramon folks

Thought exercise. If the reduction target is as high as other post suggested, probably most if not all of the cut would be from San Ramon to save on relocation package.

by
| 1960 views | | 6 replies (last December 13, 2024)
Post ID: @OP+1vWKCKdh

Commercial: slash and burn

Anyone have any idea of the cut targets once they combine D/S, M/S and Chems commercial and VCO groups? Axeman may be sharpening his blade right about now.

by
| 1350 views | | 3 replies (last December 14, 2024)
Post ID: @OP+1vWkOxy0

OO Townhall

Looks like the 30% number for finance was accurate (for the US). 10% overall including FSS. Sounds like they’re trying to eliminate BU finance and centralize anything that’s not “decision analyst” support. Curious how they define that. Overall a... — read more 

by
| 2060 views | | 1 reply (December 12, 2024)
Post ID: @OP+1vWrBL2B

Subsurface Townhall

Missed the subsurface townhall yesterday. What are the highlights?

by
| 2530 views | | 7 replies (last December 17, 2024)
Post ID: @OP+1vWA8sRo

PMP Shenanigans

So I personally don’t do much work anymore tbh yet I received 3 Exceeds along with almost everybody i talked to received a few, across various functions and BUs. There is one colleague of mine, however, who I know firsthand went above and beyond, did... — read more 

The company is a disaster right now

High performer here who has been through other layoffs here and I am as down as you get around here. Its absolutely miserable working here and it's ELT's fault for the way this place has become. I don't know a single person who isn't stressed and... — read more 

by
| 2040 views | | 6 replies (last December 12, 2024)
Post ID: @OP+1vVijyWr

Structure and CIP guesses?

What are everyone's guesses on structure % increase and CIP with the information we have right now?

by
| 2160 views | | 8 replies (last December 12, 2024)
Post ID: @OP+1vVJaOX0

UK expats on the block?

How can we justify having UK expats in Houston during a massive layoff? I get it, the base salary is roughly 70% of US payroll at the same PSG. However, when you add up the other benefits of UK payroll (eg. car allowance, 20+% contribution to... — read more 

Corporate Affairs Future?

Many posts about IT and Finance -- any ideas of how Corporate Affairs will fare in the reorg and layoff game? More centralization? Less focus on legislation with Trump in office? How will Chevron fight changing public opinion?

by
| 1400 views | | 4 replies (last December 12, 2024)
Post ID: @OP+1vVvrmAE

Worst CEO and ELT Team?

Is our current ELT team the worst in Chevron history and and in the industry? When layoffs and outsourcing is your only lever to pull we have terrible "leaders".

by
| 1410 views | | 2 replies (last December 11, 2024)
Post ID: @OP+1vV39Si1

LC Townhall - this should be good

LC townhall is today, this should be good. Also, I’ve spoken to his proxy, executive advisor LM and that guy cannot shut up, he’s talk first and then talk more and then talk some more and then cut you off, then talk some more. I want to vomit in my... — read more 

San Ramon Timeline

Given some of the info that’s trickling out about 2025 layoffs, like the Finance update, did they just straight up lie and set false expectations when they communicated the HQ move timeline? This is wrong on so many levels.

by
| 2100 views | | 7 replies (last December 11, 2024)
Post ID: @OP+1vV0tI92

Finance Dept to lay off 60%

Heard from a Houston colleague that 2025 reorg for the finance dept will result in a 60 pct reduction on workforce. Seems crazy high...

Year End Performance Review

First time going through the year end performance review process. How are the different buckets (A&I, GC, BR and DR) defined / ranked? Are the different buckets weighted? If so, how are they weighted? Trying to understand if two exceeds expectations... — read more 

Keep spending

So there’s gonna be layoffs, but we’re gonna keep spending money to do our names and give gift cards out for Christmas and people will be out of jobs

by
| 1360 views | | 1 reply (December 10, 2024)
Post ID: @OP+1vUIX1py

Hybrid email?

A few posts here are referencing a hybrid email that was sent but I didn’t receive anything. Care to share who the audience is for the email and who sent it? Thanks!

The way hybrid will be rolled out will not be fair

The program itself is fair, the way that Chevron management will communicate it / roll it out / justify it will not be. They will gaslight everyone into thinking this is a data driven approach when they clearly have seen employee morale is in the... — read more 

What happens to EMC?

I can’t imagine a bigger bonfire of money than EMC. Nothing like marking up consulting costs 15% for no value. I hope they’re cut first.

by
| 1720 views | | 5 replies (last December 10, 2024)
Post ID: @OP+1vU36n1k

Honestly the new hybrid program is fair

If you are psg 26+ you should be doing the type of collaborative work where M-TH is required. Let the rest of the folks come in three days a week. I say this as a PSG 26 who would prefer wfh personally.

Countdown to End of Hybrid

How much longer do us non LTIP peons have to enjoy hybrid? Or does this mean they’re laying off everyone below 26?

by
| 2350 views | | 8 replies (last December 12, 2024)
Post ID: @OP+1vT4vZTT

Enterprise Wide Reorg

All indicators based on what Mike is saying there will be more layoffs enterprise wide. Didn't he say they weren't going to do that anymore after the layoff to end all layoffs in 2020? Can we trust anyone above our direct supervisor, if that?

Don’t go to the parties..

Skip the holiday parties. Don’t socialize with leaders that don’t care about you and will fire you tomorrow. Don’t feed their egos. It won’t help you in the layoffs.

iT Layoffs

There's a lot of IT comments trickled through each post. Let's keep it in the family. I'll start by saying IT has been a sh1t show since ImagineIT. Our great leaders took everything bad about the old ITC model and created something even worse. Here... — read more 

Always be on the lookout for other opportunities

Use the time here to skill up and fatten up your resume. Be always aware of the conditions in the job market. Just be prepared. When layoffs come, you will not be blindsided. If some great or comparable opportunity presents itself along the way, even... — read more 

by
| 760 views | | no replies yet
Post ID: @OP+1vTZaUbe

Play by Chevron’s rules

If you're just starting out at Chevron, you need to learn right away that office politics run the show. Forget meritocracy - it’s been out the window for ages. If you want your career to take off, you have to learn the art of playing the game. That’s... — read more 

by
| 1540 views | | 6 replies (last December 11, 2024)
Post ID: @OP+1vTgSQxq

Fix the Real Problem

CVX is a multi-billion dollar company that is run off of siloed excel spreadsheets. These sheets are reinvented every 2 or 3 years as managers and staff are rotated from positions they have just barely started to learn, to positions they don’t know... — read more 

by
| 2150 views | | 8 replies (last December 12, 2024)
Post ID: @OP+1vSzRKNu

That is why RM was fired .... Culture

I really believe MW words about the need to change in culture and I think they are serious about it. Unfortunately, it took too many losses and even fatalities to come to this conclusion. The DEI only helped three categories, white women, black women... — read more 

Selection process - Popularity contest?

Man, I’m really wondering if this time they’ll actually factor in education and experience during the selection process. Feels like there are so many so-called 'leaders' out there with zero legit education or real experience, just making mess after... — read more 

PMP Questions

I'm newer to Chevron and still learning the ropes. I assume valuable contribution is basically average or meets expectations and, thus, gets people a 3% raise. But how does exceeds expectations affect your raise? Does anyone ever get exceeds in all... — read more 

Advice for new applicant

Does the yearly bonus have a merit based component to it? Also, what would be a fair starting salary to ask for an independent contributor engineering role for someone with 9 years experience? Any info would be helpful. My current employer got rid of... — read more 

by
| 1020 views | | 4 replies (last December 8, 2024)
Post ID: @OP+1vRKjs7D

How is the job market

Has anyone seriously started to explore the job market? Appreciate sharing your experiences, type of role you applying/ industry and locations. Also mention current PsG and the type of $$ they are seeing external. How many interviews vs # of... — read more 

by
| 1520 views | | 8 replies (last December 9, 2024)
Post ID: @OP+1vRAgqja

Please help me understand “The Chevron Paradox”.

I have joined Chevron as mid career almost 2 years ago, and since the very beginning I have been taking mental note of all those (MANY) people that keep emphasizing how hard they work, how understaffed their team is, how the 2020 layoffs decimated... — read more 

by
| 2380 views | | 14 replies (last December 9, 2024)
Post ID: @OP+1vRG6GTl

Why would someone take a pay cut to leave?

A coworker did this and I'm having trouble wrapping my head around it. I enjoy working here. It's decent pay, interesting tasks, and a team that's easy to get along with. Sure, layoffs are often hanging over us, but is that really enough to make... — read more 

Start a new thread - post a news comment, question or message:

: