Wave 1 BUs are in selection paralysis. No one is working, just whispering in hallways and behind closed doors. The other groups are stopped watching the train wreck. How much does all this lost productivity cost Chevron? I wish it was just money. But how focused are you going to be in the field. That has real consequences.
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What happened in the DJ basin?
@h5, probably not in the short term. You may find that the delay in effect is pronounced, for example, a low reserve replenishment rate. Not everyone is working on things that are of immediate consequence, a large proportion of our business is working on medium and long term strategic objectives.
In all likelihood, we are probably now starting to feel the impacts on productivity and strategy from the 2015 and 2020 layoffs…
As a long-term Field Specialist in the MCBU, I've endured the layoffs of the early 2000s, 2015, and 2021. The experience of waiting for months to find out if you still have a job is nothing short of horrible. During this time, many of my coworkers and I spent a significant portion of our field hours searching and applying for other positions, preparing for the possibility of being laid off. Honestly, the company should just inform those who won't have a job and move forward. The uncertainty and prolonged waiting is an awful, draining experience. I tell people all the time that this industry is not a desirable choice due to the constant difficulties of stability in employment.
@df+1jrhf520e
Years ago there was a phrase, "Who ki-led more Indians than John Wayne?"
Answer: "Union Carbide"
Har Har!
The funny bit is what "noone is working" may mean for staffing levels long term.
What if Chevron's business performance is only slightly impacted? Is this a signal that most of those people are unnecessary and Chevron can cut further?
My group is out of scope this time, and even we can’t be productive since the groups we interact with are going through the reorg. I’d say nothing will be done until end of august.
Chevron's next Future Growth Project. Expect it to take years and be a bust.
All Chevron layoffs have been slow, but this one takes the cake! From first rumors to bodies on the pavement, it will have been years. There is no excuse for this in terms of lost morale and productivity!
50 million is a rounding error to MW. When all this finally settles, I can't wait for the happy message from MN telling us to keep our shoulders to the wheel and nose to the grind stone.
It's a small and temporary price to pay for replacing the workforce with "cheap labor". At least until Chevron becomes the new Union Carbide and one of the communities we operate in becomes the new Bhopal.
Is the little $50mil snafu in the DJ going to result in more or less people in RBU?
MW doesn’t care about loss of productivity. He sees his job to make changes (look at his career). They don’t have to be good changes….just change. They hire consultants, create a new name and acronym for the change. They shuffle the org chart (creating confusion), without looking at work flows. They move a bunch of upper level people into new jobs that chances are they’re not qualified for. Then the real cuts happen and the people that still have jobs don’t have a clue what they’re supposed to do and neither do their managers.
That’s what is know as The Chevron Way.
It has a lot to do with the quality and level of maturity of workers these days. That's about as polite as I can be.
Offshoring is saving 80% is labor so I think they're ok with a little slow down
The ABU is doing less than normal and that takes sum doin ...
You need to factor in the billings from EY, and the big one - McK.
That’s why safety rates (and fatalities) increased to levels never seen before after the re-org in 2020/2021
Well, a little snafu in the DJ basin is about to cost $50 million or so…