In an effort to cut costs Chevron is now asking workers to reapply for their positions. According to Reuters this cost-cutting effort is expected to result in 15% of Chevron employees losing their jobs. Chevron, the 2nd largest oil producer in the United States, is attempting to reduce spending after taking major losses during the
1. Is ExxonMobil Laying People Off Through PIP? Earlier today Forbes & Business Insider confirmed the rumors which had been circulating within ExxonMobil circles for the past few months. It appears ExxonMobil, in an attempt to “cut more workers without using traditional layoffs,” has adjusted its performance evaluations in order to justify more job cuts.
Verizon has chosen not to layoff employees during the pandemic. However, Verizon was already planning to cut $10 billion in spending by 2021. This plan was put in place before the pandemic hit. It’s hard to believe they’ve been able to keep all their workers on payroll and continue to cut costs. Without using traditional
Corporations in almost every industry are in the process of trying to cut costs to help deal with the economic downturn brought on by the Coronavirus. The pandemic has taken a toll on the entire economy and companies need to take drastic measures in order to stay afloat. AT&T, for example, has expressed a goal
ConocoPhillips is in the process of cutting costs to help cope with the current recession caused by the pandemic. Coronavirus took a toll on the entire economy, but it came down on the oil & gas industry especially hard. According to S&P Global, ConocoPhillips announced plans to cut an additional $1.6 billion in operating expenditures,
Check out the most viewed videos from AT&T employees. See what kind of AT&T content is being viewed most by current and former members of the AT&T community. Topics range from informative to comedic and even nostalgic. Enjoy! 1. Colbert Report Explaining AT&T’s History Employees who have been with AT&T for a long time know
As a recruiter some of my clients ask me, “when would be a good time to leave my company?” Obviously that decision needs to be made based on an employee’s individual circumstances, but interest rates can be a major factor. Chevron employees who plan on leaving the company this year will be delighted to hear