Thread regarding Chevron Corp. layoffs

Megathread - Reorg Official Announcements

It’s getting hard to keep track and CVX keeps it compartmentalized, so can we please post what re-orgs and reductions have been officially announced?

I heard JG told his folks they were losing 20% in CNE.

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| 3211 views | | 8 replies (last February 6, 2025) | Reply
Post ID: @OP+1jk9stgpx

8 replies (most recent on top)

Goodbye business units. Hello asset classes. Forced collaboration between Perth and Houston timezones will drive efficiency.

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Post ID: @gv+1jk9stgpx

Actually, BUs are getting obliterated, and moved into CTC. But since we are reducing overall, I guess you could say that CTC is getting obliterated as well. The overall FTE number for CTC is going to increase though!

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Post ID: @gq+1jk9stgpx

CTC is growing, everyone is in, or out.

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Post ID: @gd+1jk9stgpx

CTC gonna be obliterated

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Post ID: @ev+1jk9stgpx

Ain't nothing "mega" about this thread, numb-nuts.

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Post ID: @cw+1jk9stgpx

McK said first quartile for offshoring scm is 50%, so…

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Post ID: @cr+1jk9stgpx

Everything below 23 in FSS to BA

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Post ID: @cm+1jk9stgpx

60% gone in US Finance FSS

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Post ID: @c9+1jk9stgpx

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