Thread regarding Chevron Corp. layoffs

Rumors about December 5 announcement

I’m hearing there will be a major MW announcement on Dec 5. Anyone know about this? Exxon merger? downstream spinoff?

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| 4311 views | | 23 replies (last November 20, 2024) | Reply
Post ID: @OP+1vvo35AX

23 replies (most recent on top)

Probably that they are going to an open floor concept with no offices or assigned work areas to promote a collaborative (nosiy) atmosphere with no privacy and no personal space.

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Post ID: @5oqx+1vvo35AX

Why hasn't the invitation been sent out yet?

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Post ID: @5upo+1vvo35AX

CVX and XOM will never merge, the government wouldn’t allow it and neither company would be willing to fold to the other, that’s silliness to even contemplate.

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Post ID: @5bdi+1vvo35AX

Why would cvx announce billion dollar investment in engine and india if a merger was a possibility and xom have an existing GCC?

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Post ID: @4xgo+1vvo35AX

I could not find any current articles about CVX and XOM discussing potential merger…everything was from 2021 during the COVID industry impacts. Can someone point me to anything current and reputable?

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Post ID: @4nrv+1vvo35AX

Wild card guess: stock split on top of one of the other aforementioned items

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Post ID: @3dat+1vvo35AX

The Axeman........

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Post ID: @3bqy+1vvo35AX

Commeth

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Post ID: @3rqq+1vvo35AX

The announcement is about leaving California for good. Richmond labs to be consolidated with briar park, and moving to bridgeland up north. And more details about San Ramon employees being offered jobs and no severance if they decline to move to Houston. They need the numbers from California to feed into the ROM plans before executing it in Q1

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Post ID: @3nkx+1vvo35AX

Fortune Teller says no specific reorg info this year. First quarter next year. If any big 5 Dec announcement it will be hybrid schedule related.

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Post ID: @3ajh+1vvo35AX

No Exxon merger is going to happen while Hess arbitration is going on. That outcome has a massive impact on any potential acquisition of Chevron

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Post ID: @1cvd+1vvo35AX

All your fears will be assuaged with assurances of no layoffs in 2025 and a large, unscheduled holiday bonus so you can enjoy Dec with your family.

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Post ID: @1cpl+1vvo35AX

They’re waiting for the endorsement of a key deliverable in December. Aligns with some town halls as well.

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Post ID: @lxq+1vvo35AX

It’s been widely reported the XOM-CVX merger talks have happened. The big sticking point was the antitrust fears. Thats goes away with the great orange one. If anything they timeline just got accelerated into the next 4 years.

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Post ID: @hoq+1vvo35AX

Where are rumors for this supposed 12/5 or 12/10 announcement coming from? I’ve seen it here but have no invites nor have I heard anything from anyone. Do we think it’s going down before Christmas? Sounds like they’ll wait til early Q1 though ? Just so confused T — T When can we realistically expect to get axed?

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Post ID: @jch+1vvo35AX

You dummies and this Exxon merger.. it'll never happen. Angie. Giving this 10% of their already toddler brain to this is absolutely on the list for their jobs to be sent to the engine.

Dec 5 announcement is for the reorg

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Post ID: @gms+1vvo35AX

30% is just the first wave. There will be multiple waves in future as ENGINE matures.

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Post ID: @evt+1vvo35AX

Why wait 3 weeks to tell us they are laying off 30%?

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Post ID: @jex+1vvo35AX

Exxon announcement is still 18 months away. Got to streamline first and deals take a long time. Thankfully we wont see resistance from DJT administration so stockholders like me will get a nice present.

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Post ID: @wlw+1vvo35AX

MW was going to do a live event but didn’t want to take Q&A so it’s now a video message going out.

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Post ID: @jai+1vvo35AX

Cvx hunger games

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Post ID: @vwq+1vvo35AX

MW playing in a ProAM sponsored by Chevron? Green badge will be caddy and if he breaks 100 they keep their job?

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Post ID: @kpc+1vvo35AX

retirement for 1
retrenchment for the rest

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Post ID: @dpv+1vvo35AX

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