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 oil company said Wednesday. Chevron is embroiled in a court ...
Those figures exclude another roughly 5,400 employees of Chevron service stations. Shares of Chevron declined 1.3% in afternoon trading. The company told employees during an internal town hall ...
The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.
EST Chevron (CVX) down 1% to $156.31 after Barron’s report of layoffs Published first on TheFly – the ultimate source for real-time, ...