Thread regarding Chevron Corp. layoffs

Resources to prep for layoffs

Hi there

I’m reaching out to ask what resources and actions you all (current and prior employees) recommend to prepare for and go through layoffs. I know it’s a long list, and I appreciate ANY info you can provide. If you can include the question number in your answers, that will help all of us leverage your input more effectively.

  1. financial planning and tax planning companies or individuals (would appreciate Bay Area info)
  1. reputable websites to look for temporary or permanent employment
  1. suggestions for how to evaluate and compare job offers (pay, benefits, other aspects like location, company culture, flexible schedule and WFH, etc.)
  1. if you sought other employment after leaving CVX, how long did it take you to find a new job?
  1. how did you explain being jobless (is there a “good” way to articulate that a layoff occurred which resulted in you losing your job)
  1. things you wish you knew about or had done before going through a layoff
  1. whether you found the outplacement services offered by CVX via external provider to be useful and if you recommend taking advantage of specific trainings the outplacement service provided
  1. what to focus on in the job search if you have been out of practice for over a decade (tips on resume updates, building a LinkedIn profile, networking, etc.)
  1. suggestions on how to cut back expenses

THANK YOU and best wishes to all. 🤞🏻🤞🏻🤞🏻

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| 1813 views | | 12 replies (last December 22, 2024) | Reply
Post ID: @OP+1w4Myejl

12 replies (most recent on top)

@2ell, yes, mimics my own experience in an earlier layoff round. Big Oil experience is coveted at service companies, particularly if you have name recognition (yes, those people do get laid off, especially if they make too many 'improvement suggestions' at Chevron). Be prepared, though, to only be there a couple years, since service companies have an even rougher and shorter cycle of hiring-firing. If you have the right credentials, you might not even have to take a pay cut, but most have to take about a 20% cut. Use that experience to work your way back to an oil company, or use the multi-company contacts you make to become a successful consultant.

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Post ID: @2uvv+1w4Myejl

I set my LinkedIn to open to work months ago and got so much junk from recruiters I turned it back off. I don’t think any of them actually read any profiles and just send email blasts to everyone they can. I got several emails about opening franchises for various food chains, for example.

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Post ID: @2ztv+1w4Myejl

I have several oil and gas petrotech friends from college, including a couple from Chevron, who were laid off in their mid 40s and did not find work for over two years. There were in terrible mental shape by that time. They severely depleted their savings but eventually found work. Their search took a long time because they wanted comparable jobs at Exxon, Shell, BP, etc and those didn't happen. The jobs they eventually landed were completely different than what they had at Chevron.

What I learned from that is, if you are laid off, realize that you may be laid off because you no longer have the combination of technical and people skills to do the job so you won't get a comparable replacement job. You will need to pivot, quickly, to what you can do at this stage and get on with it. That may mean a service company or a smaller company or a different location (e.g. Mideast) or a complete career change. The sooner you cast the net wider the sooner you will find work. You should plan and budget for 2-3 years without income NOW.

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Post ID: @2ell+1w4Myejl

Yes for some of us

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Post ID: @2qst+1w4Myejl

is this really the 1st threat of a layoff for y'all at Chevron?

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Post ID: @2eur+1w4Myejl

Find an employment attorney.

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Post ID: @1agr+1w4Myejl

Best thing for expenses is to start applying a budget now as if you were laid off today. Cut credit cards in half (physically with scissors). Shop at goodwill. Eat at home. Find a hobbie that’s free and close to home

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Post ID: @vbt+1w4Myejl

Update your LinkedIn page, and set it open to work. Ai agents will find you for recruiters. I get 1-2 inquires a week.

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Post ID: @jql+1w4Myejl

HR has resources for “Leaving Chevron” go look that up. There is a lot of information about what you need to do and what to expect. There you go.

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Post ID: @mao+1w4Myejl

OP here

@nay+1w4Myejl: What does that mean? If you’re just trolling, I don’t appreciate it. Looming layoffs can have catastrophic impact for some of us, so if you have nothing useful to contribute, maybe find another way to occupy your time.

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Post ID: @lue+1w4Myejl

Take advantage of the outplacement Services offered. It will help with many items in your list and help keep you focused on actions to move forward. Also, read everything the company sends out/communications, ask questions and follow up for answers if necessary. Know your benefits. Focus on what you can control.

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Post ID: @chd+1w4Myejl

Go to oprah

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Post ID: @nay+1w4Myejl

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