Thread regarding Chevron Corp. layoffs

Are there any good examples of work done in India more effectively?

Yes, it's cheaper, you can hire more people, but more people is not really needed unless you are doing something that has a bunch of repetitive stuff.

Indian Consulting companies are truly hopeless, if you have worked with them you know this (Wipro, Tata, HCL, Infosys).

The MCPs that use Indian labor do most of their QC not in India, they use Indian workforce to reduce the average labor cost, MCPs also do have plenty of repetitive work.

So now we are looking to Shell and Exxon, yes Exxon is beating us but it would be a massive stretch to say it's got anything to do with Offshore centers (you could certainly attribute it to their better decision making). What is the verdict on their programs?

So this the best idea we have? To go after some marginal cost decrease, which may work, but could also just create more bureaucracy and management, in a location that has zero oil and gas production. Not very inspiring way to spend capital, and we are going to lose some good people through this uncertain period.

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| 2051 views | | 12 replies (last September 10, 2024) | Reply
Post ID: @OP+1ul1nYvI

12 replies (most recent on top)

Fast
Cheap
Good

You can have two, but not all three. Which do you think it will be?

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Post ID: @6bdc+1ul1nYvI

Thx for the helpful and factual comparisons!

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Post ID: @3wxi+1ul1nYvI

Who Dat? Who Dere?

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Post ID: @1zvz+1ul1nYvI

Great work done by the Smart GEP team... Managed to sell a concept on a slide deck then build in functionality from the 90s to cripple us and our suppliers. What an absolute garbage tool implemented by chevron yes sayers that have never implemented anything in their life's. How on earth are we still roped into this and no one has been sacked for making simple transactions take hours

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Post ID: @1orz+1ul1nYvI

Ultimately, corporations like Chevron don't care if it takes twice as long to get stuff done. They don't even care if the data is bad. As long as the SEC accepts the statements and the stock price is rising, it's all good. Pro tip: If most of the "grunt" work is done in India, be sure the auditors are also in India. ;)

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Post ID: @1fba+1ul1nYvI

Haha typical of south Louisiana folk, they think the world stops at I-10

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Post ID: @1mzo+1ul1nYvI

Why you dogging ULL grads??? Where you went to school

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Post ID: @1tqt+1ul1nYvI

It’s not like the oilfield is full of Ivy League alumni.

If a&m and ULaLa grads can do it, Indians can do it to.

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Post ID: @1ywd+1ul1nYvI

The answer lies in being due deligent about what can and cannot be done from India or any other overseas ENGINE like center. Not executing the business model in a right way will sc--w one real bad and impact the organization adversely....

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Post ID: @tlx+1ul1nYvI

Call centre scamming

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Post ID: @wqm+1ul1nYvI

The obvious example is Microsoft. Microsoft has around 10,000 employees across India, working in various roles such as engineering, research and development (R&D), sales, marketing, and customer service. These employees are spread across 11 cities, including the major offices in Bengaluru, Hyderabad, and Noida.

So we might not be copying Exxon....

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Post ID: @gdq+1ul1nYvI

Below is some information from annual reports. I wonder if an ulterior goal is to add more employees to allow the upper leadership salaries to continue to increase?

Chevron:
Total Employees: ~42,600
Total Employee-Related Costs: $13.5 billion
Estimated Cost per Employee: ~$317,000
Net Profit: $36.5 billion
Profit per Employee: ~$857,000

ExxonMobil:
Total Employees: ~62,000
Total Employee-Related Costs: $14.5 billion
Estimated Cost per Employee: ~$234,000
Net Profit: $55.7 billion
Profit per Employee: ~$898,000

Shell:
Total Employees: ~93,000
Total Employee-Related Costs: $26.5 billion
Estimated Cost per Employee: ~$285,000
Net Profit: $40.0 billion
Profit per Employee: ~$430,000

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Post ID: @dur+1ul1nYvI

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