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The Water Cooler
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Are low oil prices helping or hurting you?
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<blockquote data-quote="SlugSlinger" data-source="post: 2782890" data-attributes="member: 7248"><p>Chevron has informed the Texas Workforce Commission that it will start cutting jobs in Houston in October. The company announced last month that it would shed its workforce in the city by 950 jobs, in addition to 500 jobs at its headquarters in San Ramon, CA, 50 international positions and 600 contractor jobs. Out of the total 1,500 permanent positions to be eliminated, roughly 270 are currently vacant. Today's news reveal that the job cuts that have principally impacted the oilfield workers over the last year are now more frequently affecting the corporate offices.</p><p></p><p>In its notification letter to the Texas Workforce Commission, Chevron said, "In light of the current market environment, Chevron is taking action focused on increasing efficiency, reducing costs and focusing on work that directly supports business priorities." </p><p></p><p>Chevron employees will be given two months advance notice that their jobs have been cut, the company said. Chevron told the Texas Workforce Commission in a letter last week that the first workers will leave in October. </p><p></p><p>Although the company has not revealed which specific positions it plans to eliminate in Houston, Chevron told state regulators that it will target positions at its four corporate centers in Downtown Houston. The 950 lay offs represent approximately 12% of Chevrons Houston workforce.</p><p></p><p><img src="https://www.okshooters.com/data/MetaMirrorCache/opstatic.com_img_usermedia_VC_zCsC87kCAa55zMsvTFQ_original.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 2782890, member: 7248"] Chevron has informed the Texas Workforce Commission that it will start cutting jobs in Houston in October. The company announced last month that it would shed its workforce in the city by 950 jobs, in addition to 500 jobs at its headquarters in San Ramon, CA, 50 international positions and 600 contractor jobs. Out of the total 1,500 permanent positions to be eliminated, roughly 270 are currently vacant. Today's news reveal that the job cuts that have principally impacted the oilfield workers over the last year are now more frequently affecting the corporate offices. In its notification letter to the Texas Workforce Commission, Chevron said, "In light of the current market environment, Chevron is taking action focused on increasing efficiency, reducing costs and focusing on work that directly supports business priorities." Chevron employees will be given two months advance notice that their jobs have been cut, the company said. Chevron told the Texas Workforce Commission in a letter last week that the first workers will leave in October. Although the company has not revealed which specific positions it plans to eliminate in Houston, Chevron told state regulators that it will target positions at its four corporate centers in Downtown Houston. The 950 lay offs represent approximately 12% of Chevrons Houston workforce. [img]https://www.okshooters.com/data/MetaMirrorCache/opstatic.com_img_usermedia_VC_zCsC87kCAa55zMsvTFQ_original.png[/img] [/QUOTE]
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