How deep will the layoffs be?
5 replies (most recent on top)
They will be demolished to make way for the new MBA grads and remember, put the fries in the bag.
I believe the attorney and other support personnel will be outsourced to private companies because Chevron will not carry the employee costs and outsourcing has a accounting benefit. Outsourcing expenses are deductible from the revenue in the year the costs are incurred. Employees are a long term burden (Medical benefits, vacation, etc.) on the finances of the corporation.
Land depart is is being outsource to India.
Deep
Land will always have value, fòòl. That division will be safe but will only need a few remaining employees to manage that since it is already clearly documented