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 ...

Chevron, which is Colorado's largest oil producer, is planning to cut a significant portion of its workforce over the next couple of years.

Houston-based Chevron announced it will be reducing its global workforce by 20% as it is seemingly trying to slim costs and ...

According to its most recent 10-K filed with the Securities and Exchange Commission, Chevron had 45,600 total employees as of ...

Those figures exclude another roughly 5,400 employees of Chevron service stations. Weak margins in the production of gasoline and diesel also hurt Chevron's fourth quarter earnings, as its ...

Chevron plans to lay off 15%-20% of its global workforce, part of its goal to slash costs by $2B-$3B by the end of next year.

Chevron is seeking to trim its headcount by a sizable amount, with Vice Chair Mark Nelson saying they will impact 15%-20% of workers.