FSS states 60% reduction in USA employees while moving positions to other countries.
In my opinion, the number of positions available for most teams will be significantly smaller than current staffing positions in the USA. I believe 30%+ and some up to 60% reductions in the other BU’s and functions. Specific to the USA while replacing the positions in other geographic locations.
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There is no advantage for Chevron it’s simply a race to be fully free of the US workforce in all support orgs.
Who is that comment directed toward? If there wasn't such damage and destruction, no one would need to fix anything and the pushback wouldn't be so great.
Glad to see we're Making America Great Again.
Losers.
So if all supermajors are doing the exact same thing, what’s our advantage? It’ll be 2 years from today that the dust is even settling.
True this is the first time I recall seeing a mandate and percentage targets for offshore utilization. I guess the claim is we are behind the competition in utilizing these offshore centers and need to catch up
It’s been happening for 20 years, but now it’s mandated for the support functions. Thou shall be 50% offshored for muh top quartile reasons. Again, this company will never be the same. This is not a good change.
This is going to be an utter cluster. The next 6 months will be apathy, and the. The next year confusion and chaos
FSS moves to offshore have been on going for 20 plus years. If you look at org charts and support you will be hard pressed to find very many people in the US. Other groups in finance are also now feeling the offshore pinch with aggressive targets to hit to get to that top qtr percentile outside the US
It needs to happen
The plan is to move all the local Finance roles out of the states and transition to Manila or BA. The only Finance roles in SR will be Tax related. This is what I heard was communicated to FI employees q4 last year. Unions will not save or create jobs that have been identified for offshoring as this is a business decision.
All support functions will be 50%+ offshored within 2 years: IT, Finance, HR, Supply Chain. Chevron will never be the same ever again.
Uhh, so a union helps you find jobs that don't exist? Don't we already have that? It's called welfare or food stamps or something. you just sign up.
I thought FSS was already like, 5 people for the amount of work they do
Congrats, Eb. You are worse than MW. Please do us all a favor and leave.
It's time to unionize.
Even Harvard MBAs can't find jobs.
https://www.wsj.com/lifestyle/careers/harvard-mba-employment-rate-job-hunt-difficulty-addfc3ec
I thought almost all of FSS was already in Manilla and Buenas Aires anyway