And that’s not going to happen with this leadership. It really feels like they’ve completely lost touch with reality. The world is changing fast, but Chevron is moving forward on pure inertia, as if nothing around us is shifting. They’re doing this reorg like it’s business as usual, but it’s not. These decisions can have serious long-term consequences, not just for the company but for the many people who’ll be left without jobs. It’s frustrating watching leadership pretend everything is going according to plan, while there’s no real plan grounded in reality.
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They left myself and my old teammate standing, on the streets in the hardest market ever. But they gave our highly technical jobs to 2 MBAs who have never written a line of code in their life. Those MBAs will soon be replaced with Indian new grads. GET OUT WHILE YOU CAN 🤡🤡🤡🤡🤡🤡🤡🤡
There is a new strategy. It's called consolidation. Any new reserves will be from companies they buy. If you wanted to be in the O&G business then find an independent.
They love promoting the layoffs and centralisation as a "big" positive and exciting new chapter for the company. Although it may be necessary, it serves as evidence of a business failure, highlighting our inability to find reserves and expand through our own exploration program. We have a -10% reserves replacement rate. The Hess a(and early Noble) are exciting - hopefully Chevron leadership will take some queues from them.
We need a massive new reorg where everyone is allowed to out their hand up and get a payout if wanted. Then MW can turn the lights out.