There are massive 20 to 25 percent cuts planned in Chevron's TPS (Technology, Projects and Services) group. I think it may not be as bad here but it tells you something. See the thread here https://www.thelayoff.com/t/14Q7YjqK or here @OP+14Q7YjqK
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I am concerned we will be hit way harder then chevron cuts. Chevron has been more stable then we have been in the past. And there stock has outperformed our since the start of this back in 2008. With that said I am only familiar with the US based stuff.
Shell has already cut P&t and central more than any other major.I am sure more is coming, but dont expect it to be worse than Chevron
Drastic times equals drastic measures in the short term
Hilarious—apparently there is an automatic logarithm on this forum to try to prevent curse words. See my posting below about P&T. Just think of a donkey and you'll know what i meant by "m—acred"
I don't see why you think Shell wouldn't be as bad or worse.......if we sell off assets as aggressively as they have been proposing, I see P&T being m—acred