What does your crystal ball see? Mine
It just feels accountant driven to just maintain/survive - entrepreneurial spirit no longer exists. Growth is gone.
What do you all think?
By 2029 or end of it, half of the company's employees are let go, mark my words, AI will transform the entire job market across all industries and Chevron will be no exception, less than 20,000 employees globally by end of 2029
Low 2026 earnings? Lol, we’re likely to have record profits due to PD file’s war.
What is next?
I'll give you your answer now. Nothing.
2027 - WFH Friday rescinded after low 2026 earnings.
2028 - Activist investors get involved in Chevron. Midstream and CCUS asset sales announced. Chevron now fully returned to traditional drilling and refining.
2028 - Another layoff, with mainly Houston roles being targeted for replacement with marginally qualified ENGINE personnel.
2030 - Chevron puts California refineries and marketing up for sale, in advance of the gasoline car new sale ban, emissions laws, and reduced gasoline demand due to high prices.
2035 - Chevron announces the end of the pension. Workers are compensated as required by local laws.