Thread regarding Chevron Corp. layoffs

CIP guesses

Alright! Let the speculation begin!


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| 6314 views | | 31 replies (last December 24) | Reply
Post ID: @OP+1kctbpkrg

31 replies (most recent on top)

You mean they'll be withholding wages as a bonus to us?

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Post ID: @12v+1kctbpkrg

Less than zero. MW and MN have expenses this year so they'll need extra money in their Christmas stocking to make themselves whole again. If people quit over this then they'll just hire a few more in Engine.

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Post ID: @zj+1kctbpkrg

Does it really matter. They’ve ki-led all morale with depressed ratings, 18 month reorg, more work with less ppl, etc etc.

I expect most will just do the bare minimum since that is what is reinforced nowadays.

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Post ID: @yt+1kctbpkrg

@tc if you're offended by being called out for being inappropriate, that's on you.

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Post ID: @xq+1kctbpkrg

@sp, What group does a person who insults others by accusing them of having no life fall into?
0.5 would be a gift based on the performance I've seen.
Merry Christmas!

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Post ID: @tc+1kctbpkrg

I'm convinced that people who come on here to insult other people just have no lives. How difficult is it just to stay on topic, answer the question, and then move on with your life?

My guesstimate is CIP is 1 or .9.

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Post ID: @sp+1kctbpkrg

@OP Stop complaining peons and get to work. I need the extra money for Mark’s hair products. - Mike

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Post ID: @sm+1kctbpkrg

@r0 "it had better be good" what are you going to do if uts not???? Cry to my mummy!! MW would love for all of us to do nothing because of bad CIP. Makes the names on the next layoffs list easier.

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Post ID: @sk+1kctbpkrg

@cj safety is critical. That’s what Wirthless says from his boat when he records a message any time we have one. And then goes back to his yacht. He doesn’t care just an excuse to lower cip and return more to stakeholders

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Post ID: @sd+1kctbpkrg

@r0, Those are the same folks that do nothing right now already so you mean no different than before, I suppose. I love all the people on this site that suggest with these types of posts that otherwise you guys would all be real big go-getters. That's adorable!

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Post ID: @s9+1kctbpkrg

It better be good or half to 75% of the workforce won’t be doing anything in 2026 but making excuses and doing the bare minimum which will be accepted. I’m not expecting much after the bad performance reviews. Those performance reviews are artificially downgraded because our leadership has no good ideas of where to put our capital. Just borrowing money to pay our dividends and stock buybacks. It’s a joke.

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Post ID: @r0+1kctbpkrg

My guess is 1.1, that was the CIP after the 2020 reorg. The extra .1 invigorates the employees and we forget the painful morale blow we took to our egos in the layoffs. Remember the ELT needs us to define the workflows for the Engine to cross train and the morale was so low at the end of 2025, no one wants to contribute to the workforce transition. They want us to forget more people will be laid off in the next round coming in 2027 and beyond?

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Post ID: @qj+1kctbpkrg

@j0 Until it's announced, "the other posts where it clearly states 1.2" are all just guesses. They don't know any more than anyone else who is guessing.

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Post ID: @qb+1kctbpkrg

Maybe there should be a two tier CIP.
If you never visit a well or refinery or production or construction facility you should not have a safety element in your CIP calculation. Only apply a safety factor to those who risk themselves for the company.
Of course the office bound CIP max would be only half that possible to the site folks!!!
Food for thought? I am sure there suggestion will be down voted by the office staff

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Post ID: @nx+1kctbpkrg

@jd Not only is it 60 but it’s dropping. Predictions are much lower. Forget about a cip no matter what you do.

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Post ID: @ns+1kctbpkrg

1.0
The separations were successful and created shareholder value.

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Post ID: @k2+1kctbpkrg

LOL. Oil is $60. No way in he-l they contemplate 1+

For those that hold such hope, mind sharing a bit of what you're spoking.

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Post ID: @jd+1kctbpkrg

Why don't you read the other posts where it clearly states 1.2

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Post ID: @j0+1kctbpkrg

0.95. They will cite the fatalities and poor safety as a reason

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Post ID: @ht+1kctbpkrg

Retired 10 years ago. Before 2015, the Corp use to have a CIP scorecard so you could get an idea of what CIP might be for the year. The CEO/Board could always di---e with that number after all results were in for the year. But the scorecard never included anything like employee retention ..or happiness factor ..or whatever....

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Post ID: @hs+1kctbpkrg

Floor is a 1, ceiling is a 1.2. Could have been as high as 1.4 if we had a perfect safety record. They need to compensate us to stay, they cant afford to lose us (need us to either grow or maintain strong results to command top dollar to sell off BUs).

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Post ID: @hd+1kctbpkrg

@cj those who down voted must be grovelling to be senior managers heartless to their fellow employees snd thier families

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Post ID: @fg+1kctbpkrg

CIP of 1.1 to keep the peasants from revolting.

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Post ID: @d9+1kctbpkrg

@bz the safety of our fellow employees and contractors should be every employees number 1 priority. Once safety fails and we have a fatality no other measure should matter. If you think otherwise I hope you never have a loss of someone close to you.

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Post ID: @cj+1kctbpkrg

@c7 apparently doesnt understand math. Supervisors adjustments are single digit percentage points at best. CIP increments are much, much larger.

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Post ID: @cc+1kctbpkrg

Doesn’t really matter. CIP factor can be negated or supplemented through a simple adjustment by a supervisor.

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Post ID: @c7+1kctbpkrg

1.2. Other than safety, performance has been good.

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Post ID: @bz+1kctbpkrg

@ak, seems they have quite enjoyed slapping us in the face this year

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Post ID: @bd+1kctbpkrg

1.15

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Post ID: @ap+1kctbpkrg

With the year we had 0.7 would be a slap in the face. My guess is 0.95 to 1.05.

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Post ID: @ak+1kctbpkrg

.7 due to safety.

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Post ID: @a6+1kctbpkrg

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