Tag: Chevron

Will Chevron Freeze its Pension?

Chevron, along with most other oil companies, is in the process of trying to cut costs to help deal with the economic downturn brought on by the Coronavirus.  The pandemic hurt the entire economy, but it came down on the oil & gas industry especially hard. Chevron has chosen to conduct layoffs to try and

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Will Chevron Stop Matching 401(k) Contributions?

Chevron 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. So far, most of Chevron’s cost cutting efforts have come from layoffs. According to Reuters Chevron

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Chevron? What Oil & Gas Companies Do to Save Their Dividends

Ever since the Coronavirus crisis took its toll on the Oil & Gas industry, Fortune 500 companies have been scrambling to protect their dividends and keep their shareholders happy. The results have been generally negative for workers at those companies. ExxonMobil has been in the news a lot recently for taking on cost cutting measures

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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” (Jones), has adjusted its performance evaluations in order to justify more job cuts. According to Forbes, “Exxon categorizes its employees based on their performance

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Top 10 Articles read by Chevron Employees

1. Life after Chevron: Surviving a Bear Market in Retirement Anyone retiring right now has the unfortunate luck of finding themselves caught in a bear market. Many of my Chevron clients have been reaching out to me, as they’re concerned about losing their nest egg if the market doesn’t turn around. Read more here… 2. Read

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