I have a friend who sat in the manufacturing townhall today who said she heard that 10% of Chevron took the AEOI. Can anyone confirm?
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I heard from a VERY reliable source that is was close to 75%.
10% in IT.
It doesn’t matter if it is 10% of all employees. If they are looking to cut 15% from your team’s bucket and no one AEOIs in your group, your group is still seeing a 15% cut. Some guy working in procurement who AEOI isn’t going to balance the job cuts to STAC engineering.
I believe they normally gets 3% for EOI, and annual attrition is another 3%.
People keep asking who is EOI. What they really want to know is they have a better shot at getting a role than the person next to them. Doesn’t matter the %. You’ll either find yourself in the new org or you don’t. Even if you are in the org, you can worry if you’ll be going through this process again next year and the year after.
Will HR be looking at the rankings of those that raised their hands? Doubtful, but it would be interesting to see the demographics of those electing. I imagine it will be a lot of the productive, knowledgeable employees (not that rankings actually reflect knowledge, contribution, etc.).
It will be foolish to tell that number, the objective is to get costs down as much as they can, so the 20% overall workforce cut is just an imaginary number to keep you quiet and less concerned, the more they can cut the better for their bank accounts.
I heard 4
~8% of in scope employees is what they said in SJV.
I hope it's that many! It would be great if the needed amount of people EOI so they can cancel layoffs and just stop all the extra stress over that. Unlikely but I can dream!
The HR guy on the manuf town hall said about 10 percent across the enterprise raised their hand. I was shocked to hear that. Is it true?
It's not the overall percentage, it's the percentage of high-psgs that counts.
I'm seeing a shocking amount of 20 year veterans that raised their hands and an impressive amount of sub 10 year colleagues.
10% of manufacturing took the AEOI
It's not 10% if Chevron. There were qualifying words used, like "10% of eligible employees" or "10% of expected employees". It's worth a re-watch for clarity, but it's definitely not 10% of the company.
For sure I can say 1! Me!!!
That is not accurate.
I doubt that but would be a great start
That can’t be true
True
True.