Thread regarding Chevron Corp. layoffs

Guessed on CIP and Structural increase?

What's everyone's guesses on this? Do you think anyone is getting anything bigger than the structure raise?


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| 2741 views | | 12 replies (last December 9) | Reply
Post ID: @OP+1kbe8njyc

12 replies (most recent on top)

Can't be that low. Every other post-layoff, the CIP has been a little higher than otherwise might have been justified as a reward for being "selected." Those guessing 1.2 sound about right.

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Post ID: @1dv+1kbe8njyc

HR admin here, we've been told 1.2

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Post ID: @1c7+1kbe8njyc

@kn MW told me that at least you got the decimal point and the last number correct. 2 out of 3 is not bad

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Post ID: @18h+1kbe8njyc

Our safety record will keep us from anything over a 1, probably less. Never mind that our execs know that dragging out reorgs put people in danger. There is blood on their hands. But they will still get their millions.

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Post ID: @17z+1kbe8njyc

I've already told you it's a 1.2

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Post ID: @kn+1kbe8njyc

@a6 you think mgmt cares about morale?

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Post ID: @ev+1kbe8njyc

1.2 to be somewhat kind for the kayos

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Post ID: @dw+1kbe8njyc

0.8 CIP. Especially with the safety record this year. No structure on raises. ELT and MW want people to quit

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Post ID: @dt+1kbe8njyc

1.1 sounds about right

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Post ID: @bv+1kbe8njyc

Hopefully MW doesn't take an MW all over us and gives us a decent CIP

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Post ID: @b2+1kbe8njyc

I'll guess 1.05 CIP, citing certain high-profile safety incidents as the reason. Structure will be on the order of 2%, but certainly below the 12-month inflation rate whenever the decision is made. Chevron is leveraging inflation to drive down payroll expenses.

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Post ID: @as+1kbe8njyc

ELT is in a catch 22: low CIP risks further tanking morale to truly toxic levels; yet results have been lackluster, and down right horrid on OE. My guess is 1.1, just to avoid a mutiny.

Structure will be 1%, cutting Trump that inflation is down to zero.

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Post ID: @a6+1kbe8njyc

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