Received my letter and it shows at the end every position that was offered severance with PSG level and age. No surprise most of the ages were over 45. No age discrimination here.
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Why is age discrimination called that when actually it's salary discrimination?
They just have a different termination date than the day you got your packet. That’s what that language about moving from chart b to chart a means. Doesn’t say those folks are safe and keeping their jobs. And the ADEA thing is why they share it legally, it’s because they have to give us that information. Don’t sign it and file a complaint or sign it and take the money. We all get the same packet and have the same choice.
I took the EOI and got all the same data…. Sure didn’t see many 25 and up on the list. The people that cost actual money… a 25 makes $350k… a 26 $500k… and so forth…. The people who cost Chevron the most are still swirling round the toilet. Total ba-f since most of them forgot how to do actual work years ago. Also surprised my age was next to my job title. It’s protected information and it’s clear it’s me because the title is in one BU only…
ID: @j1+1k0k42dh2
Thanks for the info. More than we get from leadership.
The numbers indicate a 10% layoff rate, with transition employees in the 2nd phase.
Below is an excerpt from my release letter. I counted 701 people/roles in Chart A (those being offered a severance package), and 7150 in Chart B (those still employed and not eligible for the package).
EXHIBIT A
Older Workers Benefit Protection Act Disclosure
In the attached Release document (“Release”), you are being asked to give up waivable claims, including those under the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”). This Exhibit A to the Release describes the "Decisional Unit" from which individuals have been selected to receive an offer of severance benefits under the Chevron Surplus Employee Severance Pay Program #25001 for Enterprise Leading Performance or PDC Energy Employee Change of Control Severance Plan in exchange for waiving ADEA and other claims.
The Decisional Unit consists of employees who participated in First Half 2025 job selection events (“Coordinated Selections”) for PSG 28-30 in March 2025, PSG 26-27 in April 2025, or PSG 25 and below in June 2025.
Eligibility Factors:
You were in the Decisional Unit and not selected for a position or you declined a demotion. You were therefore identified for layoff and are being offered severance benefits. Selection factors for positions included employees’ qualifications relative to position-specific requirements and Chevron leader behaviors, and if submitted, Expressions of Interest to be laid off.
Attachments:
Chart A shows, by job title and age, the Decisional Unit employee(s) who are being offered severance benefits under the Program as of July 17, 2025, in exchange for signing the Release.
Chart B shows the ages of the Decisional Unit employee(s) who continue to be employed with the Company, and/or are not otherwise presently eligible to receive benefits under the Program in exchange for a Release.
This information is subject to change. For example, some individuals on Chart B may terminate at a later date, at which time they may be offered severance benefits in exchange for signing a Release, and moved into Chart A. There are other Decisional Units. If you would like updated information on your Decisional Unit, or others, please submit a request in writing to HR Policy & Employment Compliance, via email emplcompliance@chevron.com.
@ge HR alone will be brutal. I would guess 40%.
There is no information in the public WARN act website for Texas. It's funny how Chevron manages the public image and orchestrates the Wall Street message. Lay offs are beneficial for Wall Street. Joseph Goebbels must be running the PGPA these days....
You had about 10 percent take the AEOI earlier in the year, so that would mean approximately 4500 first, plus just over 700, so close to 5200. second half will get you over 6000 most likely. Close to the 15% minimum. Plus, all the cuts aren't done until the end of 2026. Add on top of that, all the Hess folks that are going to get the axe.
No way your letter included that information.
I am amazed that CVX would be putting any of that information especially to someone whom they have severed from the company. Their usual game is to give out as little to no information.
How bad will second half be?
I don’t think the 714 includes those that took the EOI. These are the ones left standing in the reorg. I’m guessing at least another 700 including those.
ID: @aw+1k0k42dh2
I think the layoffs will be 8000+ over a number of years not specifically phase 1 or phase 2.
There have been entire teams offshored to the Engine while advisor roles have been staffed with employees with the intention to transfer the work over a period of time. Therefore improving the transfer of work so the bottom does not fall out from the business.
Means the second half will be the true bloodbath
700 is nothing
Take it with a grain of salt. There are more older people than younger in the oil patch. If this was tech, there would be more younger people affected.
Sounds off. Target was 8000 jobs