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Roughly 500 people working out of Chevron’s corporate offices in San Ramon will be losing their jobs.
Chevron spokeswoman Melissa Ritchie said.the job reductions are part of a $1 billion cost-savings effort for the company,
“These initiatives, which are currently underway, are focused on increasing efficiency, reducing costs and focusing on work that directly supports business priorities,” she said.
The company plans to shed 1,500 jobs overall, with 950 positions eliminated from its Houston office and 50 from international offices.
There are roughly 270 currently vacant positions spread out across all of its corporate offices that won’t be filled, Ritchie said, but she said she didn’t have a breakdown of exactly where those vacant positions are located.
In addition, Ritchie said the company is cutting 600 contractors who help augment the corporate staff.
At the company’s annual stockholder’s meeting in May, Chevron board chairman and CEO John Watson said the company has the “financial strength to meet the challenges of a volatile crude price environment.”
“We’re reducing capital spending, we have implemented significant cost-reduction programs and have further streamlined our portfolio as planned.”
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I am sure this news that 500 people will lose their jobs in the oil business will make Democrats jump-for-joy.
No worries, however, since the wildly successful alternative energy industry that the Dems are funding (e.g. Solyndra) will gladly provide these Chevron employees the jobs they need.
Oh yes, how about all that alternative energy research in algae and kudzu as biofuels that our brilliant US Rep. Jerry McNerney says have such promise for America.
Just think of all these alternative energy jobs that are on their way!
Drill baby drill,
How about Tesla there in Fremont? They get 400 million a year in taxpayer dollars. Have never made money and lose 200 million a quarter. Not to mention the cars are junk and have each been recalled at least 10 times.
By the way, those Chevron layoffs are just here. The jobs will be replaced when Checron opens its new headquarters in West Texas.
How Stressful for the people losing their job and in the hoiday season
Hopefully they’ll be able to find work right away
It’s always tragic when a family/individuals loose a job…a very stressful event.
I sure hope that the folks who loose their jobs will find another one. It’s especially worrisome to not be able to provide for loved ones.
Take good care of yourselves and sign up ASAP for unemployment benefits. GOOD LUCK!
Jerry. You’re wrong. I’m providing as much evidence to my claim as you have to yours.
Jerry, your Tesla assertions are absurd. There have been 2 recalls regarding Tesla. There have been two deaths reported in Teslas, an old man drove off a cliff on highway 1 and a car thief on a 100 mph joy ride on city streets in SoCal crashed into a pole.
There are a ton of jobs in that factory over the hill that are directly affecting our local economy in a positive way.
Was just at Tesla last week. When it was a Toyota Plant they built 450,000 units with 5000 team members per year. Now they build 36,000 units per year with 7500 employees. The entire second floor is now devoted to repair and recalls. All vehicles have had 11 recalls issued each. They are just junk and Musk is just a snake oil salesman. Ask a body guy how much to repair aluminum.
Go to NTHSA website and check for yourself. Consider yourselves warned.
Jerry again ABSURD. You know nothing. There are no 10 recalls listed for any Tesla on NHTSA. They are however 5 star crash rated across the board. You must be looking at Jeep or Chevy.
Eric,
Please buy one if you haven’t already.
Hey Jerry,
Have you ever driven one? It is a pretty nice ride.
BobB,
Yes as a matter of fact I have driven one and yes the ride is excellent and the fit and finish is top notch. They use laser aluminum which makes the paint quite smooth and the concept was good and ahead of its time but they waited to long to get to market and now Toyota and others have now introduced hydrogen fuel cell vehicles which will make the tesla obsolete.
Like I said earlier the base quality is very poor and inconsistent. Their manufacturing processes are 10 years behind other car makers and people systems of development are non existent. I am not opposed to anyone wanting to buy one but do some research first on recalls and the reasons for the recalls, manufacture field work orders, and service bulletins. I believe they will be like the DeLorean.
Actually jerry we are going to buy one but are waiting for the Tesla 3, we don’t need such a large sedan and my roof will power my car as it does my home. 10 years behind? The inside of that factory is gorgeous with the most current automation and robotics, you could eat off the floor it is so immaculate. I worked inside the Nummi plant, dirty, dangerous and inefficient that is why it is gone. You speak of aluminum being difficult, what? Uh, Ford just switched to aluminum in the manufacture of their F150 in the new model, Lexus and other manufacturers are using more and more of it in their cars. Why? It’s light, inexpensive, strong and the aluminum comes from the US unlike the majority of steel which now comes from China. Body shops? Don’t care, the self driving intelligence and avoidance will and has lessened the need for such. What your hatred of Tesla is I really don’t care but I am fully capable of countering any of your misleading aspersions with facts, truth and intelligence.
Eric…you’re right on. Tesla’s rock. I have one. Best car I’ve ever driven. Yes, I would be even more excited about Teslamotors, Inc. if it wasn’t dependent on Fed funding. Better if they were a product of the private sector and I certainly hope they’ll be profitable within the near future. Further, I am not even convinced that the ROI vs. gas-powered cars is there given Obama’s destruction of the coal industry thus yielding skyrocketing electricity rates. I am just commenting that I love my Tesla.
Jerry
Your ignorance has no bounds. The second floor is power train manufacturing. You know nothing. My only thought is that you are some hateful union employee blaming tesla for your issue
Eric,
If you really think that is why nummi closed then you didn’t work there. Who were the 7 Nimmi Presidents to prove you worked there? Hint the names were engraved on the wall by the main turnstiles.
Ford went to aluminum because of economist and it’s a disaster. Very low payload and towing capacity. Trying to phase out. Check it out on edmunds.com
PP second floor is remanufacturing and they run two full shifts doing it plus Saturday’s.
Jerry,
Thank you for confirming my suspicions. I’ll look for you on the side of the road in front with the banner complaining while the people inside work hard at building something new.
PP
I think it’s wonderful you are trying to build something new but don’t lie to people. The Tesla 3 is 2 years behind its original SOP schedule. Why? Because of structural design problems. 7500-7800 people to build 36,000 cars a year is a problem. I wish you guys the best but do this with your eyes open. Good luck to you and good luck to the US taxpayer.
Jerry,
Glad you have all the “facts” on Tesla. Invest as you see wise, and I’ll do the same. I personally want Tesla to succeed. I’m definitely not blind to their challenges – I wouldn’t go as far to your level though and flat out lie about them.
Obama rejected the Xl Keystone pipeline.
Reports in national media stated when Obama rejected the XL Keystone pipeline, he simultaneously rejected 42,000 jobs the XL Keystone pipe would have provided.
There are jobs here in the Bay Area, the trucking, shipping and handling of freight industry, is looking for 5,000 people to fill jobs in that industry, right here in the Bay Area.
The jobs, include drivers, fork lift operators, warehousing, scheduling and logistics people, supervisors, group leaders, it is a long list of jobs available.
Hey, Wake up folks. This post was from last August. What the heck?