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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.

The Hill on MSN · 2d

Chevron to lay off up to 20 percent of its workforce

Chevron plans to lay off up to 20 percent of its workforce, according to a company spokesperson. Vice Chairman of the Chevron Corp., Mark Nelson, said that the company “is taking action to

CNN · 2d

Chevron to lay off 15% to 20% of global workforce

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday.

Tuko on MSN · 2d

Chevron to cut 15-20% of workforce by end of 2026: company

Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said

East Bay Times · 2d

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

20h

Cyprus and Chevron-led group agree on updated plan for offshore field

Cyprus and a Chevron-led consortium have agreed on an updated development plan over an offshore gas field off Cyprus, a joint statement by the two sides said on Friday.

Energy Cooperation Connects Israel With Islamic Nation

Under the radar, natural gas is proving an important tool in integrating Israel with a predominantly Islamic country, ...

News Channel 3-121d

Israel announces names of three hostages set for Saturday release

(CNN) — Israel has announced the names of the three hostages set to be released Saturday, in what would be the sixth exchange of hostages and Palestinian prisoners under the ceasefire deal that came ...

1don MSN

Israel announces names of three hostages set for Saturday release from Gaza

Israel has announced the names of the three hostages set to be released Saturday, in what would be the sixth exchange of hostages and Palestinian prisoners under the ceasefire deal that came into ...

GlobalData on MSN5d

Chevron acquires 80% interest and operatorship of PEL 82 offshore Namibia

This deal strengthens Chevron's offshore portfolio in Namibia, adding to its operations in PEL 90 in the Orange Basin.

2don MSN

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 ...

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