Location: Texas, USA.
Based on news reporting.
Chevron (S. County Rd.) has announced plans to reduce its workforce in Texas as part of a global workforce reduction strategy. The company is expected to lay off approximately 500 employees, with the layoffs scheduled to take effect by January 15, 2024. This decision aligns with Chevron's ongoing efforts to streamline operations and adapt to changing market conditions. The layoffs are part of a broader trend in the energy sector, reflecting the challenges faced by companies in maintaining profitability amidst fluctuating oil prices. Chevron has not specified which departments will be affected by these cuts.
Chevron Corporation cut 500 jobs.
That is roughly 1.1% of the 45,600 people Chevron Corporation employs.
LayoffTalk has tracked 60 layoff events at Chevron Corporation since October 2023, affecting a combined 26,898 employees.
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Estimated figure based on news reporting. Not yet confirmed by Chevron Corporation.
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