Is there truth to rumors that we can expect layoffs sometime in the next few months?
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Can Exxon stop the Guyana asset transfer to Chevron and buy Hess’ share?
Worker levels will be brought over only as needed to complete the transition and takeover. All managers and above will probably be out unless they know somebody or fit some criteria. Best to start looking for another job asap.
To think that there will not be layoffs once the sale closes would be foolish. The grand prize of this deal is Guyana which is OBO. The Hess GOM assets are cr-p and for the time being, ND would be the safest of the operated assets.
My guess is at a minimum, Director level and above are slashed, maybe also Senior Mgr. Working grunts might be brought over to CVX but they wouldn’t be safe is my guess. CVX has a large workforce so do not think anyone that is brought over is “safe”.
Any info would be great.