Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

Hybrid attendance

Anyone know how many of us are hybrids? Is this elementary school-style of tracking that is coming in Feb meant to force many of us to quit? And what is the point of RTO, anyway? Quality of work isn’t, for sure. It’s already proven that it doesn’t... — read more 

ABU Axe Swinging

Rumour has it that ABU Management are thinking of swinging the axe. Blooted support function that could be offshored immediately saving costs. Watch this space...

Economy outlook?

Looks there is some other economic indication that is not visible to the mainstream/street but most companies are cutting back or going through reorg/layoff, from banking sector to manufacturing to technology, and to oil and gas. Wallstreet seems to... — read more 

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| 2040 views | | 5 replies (last January 24, 2024)
Post ID: @OP+1qHPsJZ9

RTO is not a bad thing

I don’t mind going into the office to work, even with the pain of committing. I can surely get my core work done from home, but I believe the company is more productive when employees have to work in the office. The daily ease of interaction between... — read more 

CBU assets are up for sale.

Yep, it's official. Who is the buyer? How long do we have? Do you think we will be done quick or dragged on by the end of year?

Town hall request for questions

Is anyone really going to submit questions from their work email that actually get to the issues? They say they want open and honest discussion, but that sure looks like a trap to me. You want honest discussion, make an anonymous poll ev. — read more 

Hybrid workforce

Just 6 out of 158 U.S. CEOs said they'll prioritize bringing workers back to the office full-time in 2024, according to a new survey released by the Conference Board.

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| 1850 views | | 7 replies (last January 18, 2024)
Post ID: @OP+1qCzvzQJ

Rumor of 0.5 or less CIP

Holy smokes if that’s true but lots of rumors flying about at the high end it would be 0.5 and likely less.

Any leaders among CEOs?

I came across this funny headline on Bloomberg, “Why Would Anyone Want to Be a CEO These Days?”. Yes, why would they? When s–t hits the fan, nobody wants to be responsible. C-suits do not suffer financial consequences for their bad decisions... — read more 

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| 1560 views | | 5 replies (last January 17, 2024)
Post ID: @OP+1qAw9Ntb

Sports Analogy

In the sports world most of the blame for a losing season is on the Head Coach. Players might be traded or benched but the head coach usually get fired and takes the overall blame. Like in football the our Head Coach should take the blame instead of... — read more 

Chevron Badge Monitoring

https://www.techspot.com/news/101468-new-research-suggests-narcissistic-controlling-bosses-drive-return.html

Structure?

Anybody know what salary structure increase is going to be this year?

CNE Shutting Down?

What are the odds on CNE surviving 2025? Let’s face it, no real need for a separate entity, it’s time to move on. Roll any actual project into the appropriate BU and be done with it. Plenty of fat to trim. Great opportunity for the new CFO to show... — read more 

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| 2410 views | | 5 replies (last January 8, 2024)
Post ID: @OP+1qsgBWoC

The beginning of the end for the permian

The 1MMBOD goal by 2025 is going to require to burn a lot of cash just to not pi-s wall street off Https://www.artberman.com/blog/beginning-of-the-end-for-the-permian/

2024 predictions!

Here are mine: Hess acquisition quickly shows to be a classic case of OG FOMO overpay RBU misses targets, as integration turns into a quagmire and reveals low grade assets. TCO pushes announces more delays and overruns bonuses and raises are... — read more 

Target for Layoff's

If there are layoff's in 2024 let's hope this time Chevron does not encourage or push experienced or older people to leave. We need to keep experience for a while after the great exodus of 2020. Layoff target this year should be the lower... — read more 

More bad news at CVX…$4 billion writedown in Q4…

“Chevron (NYSE:CVX) disclosed Tuesday it will book $3.5B-$4B in charges for Q4 on some of its U.S. upstream assets, primarily in California, citing regulatory challenges that have resulted in "lower anticipated future investment levels in its... — read more 

Best place to work right now (BU)?

Curious what folks think are the “best” business units to work in right now. I use best loosely because things aren’t going well right now as a whole given the admonishing emails from our leadership. TCO? Permian not looking too good. SJV can’t get... — read more 

Do better if you want some of the pie.

“The five super-majors – BP, Shell, Chevron, ExxonMobil and TotalEnergies – showered shareholders with dividend payments and share buybacks worth $104bn in the 2022 calendar year, according to the Institute for Energy Economics and Financial Analysis... — read more 

New layoff strategy for the New Year

Layoffs have been enshrined in The Chevron way and will soon be a 5th category for PMP (Align and Inspire, Growth, Deliver, build and layoff excitement). Is the new strategy small group layoffs? I've been hearing they assure you no layoffs are coming... — read more 

Leadership have lost their way.

CVX needs to bring in new exec leadership from outside company to break away from the incestuous, chronies club where either your face fits or you are sidelined to enable the friends of MW, RM, MN, PB to be recognized and promoted irrespective of ... — read more 

Chevron Layoffs 2024

If the market makes a turn soon, do you think there will be Chevron layoffs? Any chatter, news or rumors?

Who will pay for TCO’s delays and overruns?

EB gets a promotion to CFO, KL is still chilling, and MK gets to hang out in Houston before being put out to pasture. Meanwhile, folks who had nothing to do with it (and have leaner paychecks) are going to feel it at CIP time. Why does Chevron have... — read more 

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