Thread regarding Chevron Corp. layoffs

We will all over come this but I will not sit back and let them act like they have done anything but destroy the oil and gas in Colorado which has affected countless of people and families. They don’t have to turn it into a monopoly for large companies but they did and will. It’s not about profit either, smaller companies are way more competitive.

We have gotten it into multiple news outlets hands- it will be interesting to see what the local community thinks! Maybe Chevron can stop advertising how much they are helping our community! They sure have the will and profit to make billboards, instagram and facebook ads showing how much they help our local community. Bullsh-t. To the employees of Chevron down voting this, your time will come.

Look, I hear you and a lot of valid points but the bottom line is when you are “aquired” by a large hog, you become just the slop they feed on. The acquisition is the prize whether or not they do the right thing. It’s really sad about the outcome.

Decades ago no one had heard of Wal-Mart. Now everyone shops there. Same story different industry. Companies scale to dominate across markets. Local companies sell out or are pushed out. Competition determines the victor. Capitalism can be, one must admit, in several ways. brutish, immoral and unsympathetic. There was a time when it was Cowboys and Indians. Today its corporations and common folk. Perspective all depends on what shoes you are wearing.

Fu-k chevron and the spineless employees that work for them.

OP I understand your perspective and it certainly has merit. I am sympathetic and have personally been laid off more than once by Chevron. However also remember that it was the local, small operators (such as PDC) who happily sold their grass roots companies to the global energy corporation. They took the money and now their era is over. They gave up their way of doing business to sell out for handsome profits. They walked away from your communities because it was more profitable than the alternative. Chevron is exactly what you should expect it to be. Far from meaningful promises, the industry buzz that you heard about future prospects was a sales pitch. Yet somehow you thought that one of the largest energy corporations in the world would operate in locally-focused manner. You know better now and certainly you should have known better then. Capitalism is profit driven. The corporate mandate is supreme among CEOs, BODs and the shareholders. Business realities are often cruel and the big dog is gonna eat. Seek your comfort, trust and stability elsewhere for precious little is to be found in the oil and gas industry. Good luck in your future, but never forget the lessons you and others have learned. Get yours while you can and be absolutely certain that no one but yourself, and least of all corporations, have your best interest in mind.

This is a well written and respectful post. It shares reality observed when the DJ basin went from diverse and distinct operators to a uni-company that is realizing that marginal production in a blue state with wells and topside integrity issues is not that se-y as portrayed on a PowerPoint presentation

Why is someone downvoting this well written post.

OP, just watch how we win.

@db, being a contractor has upside ($) and this is one of the risks. You cant have the cake and eat it too.

@c8 too bad all the contractors didn’t get severance packages and that was put into place by PDC NOT CHEVRON

@OP oil market is over supplied. Companies are cutting everywhere. It’s just a business bud, nothing more

Seems to be the MO at Chevron. They cut about 700 Hess folks right off the snap when the merger finalized. Transition role folks are training their foreign replacements starting in the new year.

@co, you know, you’re right. If we really want to represent the oilfield in CO, we need a few commercials with young African American and Indian females walking confidently and pointing at important things. Thanks for the ideas!

@c8 your statement about capitalism and the cream rising to the top is heavily flawed and rather naive.
The out of state vendors coming are not a cost efficiency but rather a reward or favor for their friends in Supply Chain. These vendors play dominoes and frequent the same massage parlors and bath houses as those in Supply Chain. Some of these vendors have some pretty comprising knowledge about those who are tasked with vendor selection.
It’s a club and your not invited to it…

the reason those new suppliers are moving in, is because local suppliers are expensive, they have not faced competition, so they do not improve their internal costs and are inefficient. This should make them stronger. If you are thinking this business is about handing money and keeping locals happy, then you need to come back to reality. This is capitalism, which I support. Either you are at the top or you will be replaced. Chevron does not need to keep the local supplier/workforce if they can get better results from somebody else.
S-b story...."packing uhauls in the middle of night"; forgot to mention with a cushy severance.

This is happening throughout O&G (and is really the new model for every mega-corp around the globe). They swallow up every smaller company that has good reserves and and shows a promising track record of growth and innovation, and then promptly gut them, and sever their roots to the community and remove any trace of the culture that helped them a successful, desirable place to work. With every merger, we will see fewer jobs, more 3rd world outsourcing, and less innovation. With fewer competitors, and more AI/offshoring, salaries will continue to decline, and they will continue to expect more and more output for less pay, security and benefits. Let's not even talk about what this does to safety, or how many people CVX's new culture has helped to unalive since this whole layoff started.

https://www.youtube.com/watch?v=eu606__ohOs

Let’s the declines happen as quick as possible. The higher the idle wells the better future for these fields to be purchased by a local. Chevron did a variation of this cannibalism in other assets both in the states and abroad. The best course is to be safe, watch over your crew, and let that field production drop so a local company can take over…if your a yes sir type….Chevron will use Engine from India to run your operation…then things will go to he-l…

Neither Noble or PDC ever had a massive well blowout in CO. Only took chevron 30 months or so to have the biggest incident in CO history. Bravo hacks.

and they sent an alcoholic there to dry out which shows how serious they were.

It’s all true

Let’s get this to the news! 9 news, Denver news, they are ruining our community and all the effort from local voting citizens who voted to keep gas and oil in Colorado.