Chevron to Reduce Global Workforce by 10% to 15%
OAKHURST, N.J. (DTN) --- In a statement today, a Chevron spokeswoman
confirmed new organizational structures, a result of streamlining, will require
10% to 15% fewer positions across the enterprise.
"Chevron has been taking action to better position the company to compete in
any operating environment and address current market conditions. This includes
reducing our operating costs and capital investments, driving efficiencies in
our workflows and processes, and streamlining our organizational structures to
reflect the efficiencies and match projected activity levels," the statement
Across its global enterprise, Chevron has nearly 45,000 employees. The
company said the impact of the workforce reduction in each location, business
segment and function will vary.
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