Thread regarding Chevron Corp. layoffs

EOI and LTIP

Do you automatically lose your LTIP if you EOI? My assumption is yes, but there’s quite a few companies that are doing EOI these days and quite a few are allowing people to keep their L tips or equivalence in order to maximize the number of people that leave.

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| 3141 views | | 7 replies (last March 18, 2025) | Reply
Post ID: @OP+1jpb4gndj

7 replies (most recent on top)

Whoever said that 90 points is just plain d-mb and does not know how to read.

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Post ID: @s2+1jpb4gndj

If you have 90 points you keep every thing, if you get 75 you keep all vested, if you don’t have 75 points then you lose everything

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Post ID: @hn+1jpb4gndj

How do some of you get LTIP but totally incapable of figuring out basic stuff like.

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Post ID: @bn+1jpb4gndj

Read people. You only keep what's vested

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Post ID: @be+1jpb4gndj

If you have 75 points, you keep it all and it continues to vest as normal.

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Post ID: @ag+1jpb4gndj

Even if you don't EOI and get laid off. you will LOSE ALL LTIP

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Post ID: @aa+1jpb4gndj

You'll lose LTIP if EOI and they haven't vested.

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Post ID: @a3+1jpb4gndj

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