Chevron is such a toxic place now. It's a shell of the company it once was before MW came into power. He should be ashamed of himself wrecking once was a great place to work. The board needs to fire MW and MN while we still have a company left. Otherwise sell it off as it doesn't deserve to operate any longer. Like others have said its tough to get up in the morning to deal with all this. It might be too late at this point....
12 replies (most recent on top)
The more we slim down the greater the stock price premium Esso will pay and MW will meet his personal goal of $500 million compensation as CEO, beating many others.
@huv+1vzxcpw3
Skinny down to sell to Exxon?.
When Exxon acquires Chevron, it will clean house. Basically, most Chevron lifers could not exist in an Exxon produce meaningfully or die universe.
Agree with the post. Chevron has had zero strategy besides higher returns and lower carbon and very little management effort to shape execution of the vague strategy. Appears the strategy has been 'follow whatever our competitors are doing.' See the lame green strategy and buying in to Exxon's Guyana success. Stock should be way higher than current if we had competent leadership and a decent strategy. Employees and technology have driven success in the past, now efficient execution of capital treadmill efforts like shale extraction are driving success. Very hard to compete with and differentiate yourself from independents in this game. Wall Street is voting with their sell buttons.
You should change to a different BU or go expat. Plenty of fun stuff to work on everyday in our group.
I bet Exxon picks us up after we slim down next year. Maybe that's why we are reducing so much.
“staff reductions = more work/stress”
Let’s get real, CVX is overstaffed and there are a bunch of folks doing nothing. Major reduction needs to happen.
money funneling upwards to management and out to shareholders
Let’s recap:
- fewer promotions
- small to no raises
- smaller bonuses
- staff reductions = more work/stress
- reorgs to nowhere
This place is a sinking ship, and we’re all just rearranging the deck chairs
This is the correct answer
Retired, but please do tell what they survey saids!!
What do the CES results say?
Have you seen the CES results? Yikes…seems people are finally being honest