Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major acquisition.
Chevron to cut up to 20% of workforce as it slashes costs by as much as $3 billion
Chevron on Wednesday announced it will lay off 15-20% of its global workforce in an effort to reduce costs by up to $3 billion. Chevron expects to complete most of the cuts by the end of 2026.
Chevron to cut 15–20% of workforce by 2026, impacting 9,000 employees
The job cuts put pressure on US oil and gas employment, which is around 10% below pre-pandemic levels despite rising domestic production.
Chevron to Cut 20% of Global Workforce by 2026 to Save Costs and Improve Efficiency
Chevron, the prominent U.S.-based energy giant, has announced plans to cut 15% to 20% of its global workforce by the end of 2026. This decision comes as part of a broader strategy to reduce costs, improve operational efficiency,
Chevron to cut as much as 20% of workforce
Chevron plans to slash its workforce by as much as 20% by the end of 2026, as it embarks on a wider cost-cutting effort. The company said the reductions would simplify its structure and enable it to act faster,
Chevron plans to lay off 20% of workers in cost-cutting push
The oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees. The company recently moved its headquarters from San Ramon to Houston
Texas-based Chevron to layoff 15%-20% of workforce
The energy giant is headquartered in Houston but it's unclear how many, if any, of the layoffs will happen here.
ABP Live on MSN2d
Chevron Layoffs: Oil & Gas Giant To Fire 15 To 20% Of Employees By THIS Year
The oil and gas firm, Chevron announced on Wednesday that it plans to lay off 15 to 20 per cent of its global workforce by ...
Shelter-in-place order lifted for Martinez refinery fire; multiple injuries reported
A shelter-in-place order for residents near the Martinez Refining Co. was lifted Saturday night after a fire that injured at least six people. Contra Costa County health officials said they will ...
Chevron trimming headcount by 15%-20% in layoffs
Chevron is seeking to trim its headcount by a sizable amount, with Vice Chair Mark Nelson saying they will impact 15%-20% of ...