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 Layoffs Push More Employees Out of Work in 2025
As Chevron layoffs add to the toll of job cuts in 2025, the trend of workforce reductions shows no signs of slowing any time soon.
Houston-based Chevron to lay off 15-20 percent of global workforce
Chevron will lay off 15 to 20 percent of its global workforce by the end 0f 2026, in an effort to cut costs and simplify its business.
Chevron to lay off 15% to 20% of global workforce, source says
HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce, the U.S. oil company said on Wednesday during an internal employee town hall meeting, according to a source familiar with the matter.
Chevron Set to Lay Off 20% of Global Workforce
Chevron plans to cut up to 20% of its global workforce as part of a cost-cutting drive following its acquisition of Hess Corp.
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
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 Wednesday.The job cuts will begin in 2025 and be mostly complete by the end of 2026,
Chevron plans to slash workforce in efficiency push
Chevron, which is Colorado's largest oil producer, is planning to cut a significant portion of its workforce over the next couple of years.
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.
Chevron Plans 20% Workforce Reduction to Stay Competitive
Chevron Corporation CVX recently announced plans to cut up to 20% of its global workforce by 2026. The move is part of the company’s strategy to simplify its organizational structure, stay competitive for a longer term and achieve $3 billion in cost savings.
Chevron to cut thousands of jobs as it seeks billions in savings
The layoffs will eliminate 15 to 20 percent of the global workforce, said the company, which wants to reduce annual operating ...
Chevron to cut up to 20% of workforce by 2026 amid cost-cutting push, Exxon legal battle
Chevron plans to lay off between 15% and 20% of its global workforce by the end of 2026 as part of a broader effort to reduce ...
1 Crucial Factor About Chevron Stock That You Won't Want to Miss
Chevron ( CVX 0.63%) is a leading global oil and gas producer. Last year, the energy giant produced a record 3.3 million ...
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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 ...
Looking for Passive Income? Why You Won't Want to Miss Chevron's 4.5%-Yielding Dividend.
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