Chevron, Michael Varth on oil
Houston based Chevron Corp (NYSE: CVX) says it is laying more than 200 employees in Texas as it is preparing to cut up to 20% of its global workforce by the end of 2026.
Shehtir The Texas Workforce Commission informed that the retrenchment would include 185 people at its dewlewal bullet, 14 north FM 1788 and seven and seven in its South County Road.
Sorting is scheduled to be held on 15 July.
Chevron laid the workforce up to 20%
Chevron plans to influence several places in Midland, as part of a decrease in the global workforce of up to 20% by 2026 by 2026 in Texas. (Sharon Stineman / Bloomberg Getty Image / Getty Image)
Chevron announced in February that the company-wide cut could lead 6,750 to 9,000 employees Since according to its most recent annual report, there are 40,200 non-service station employees and about 5,400 service station workers.
“To simplify their organizational structure, (execute) the energy giants (executing) will be simple and more efficiently, and for strong long -term long -term competitiveness” to simplify their organizational structure, “said Mark Nelson in Chevron Corp. ,
Chevron CEO Mike Varth gives the main address as top energy authorities and ministers get the annual Gastake Conference in Houston, Texas on 17, 2024 on September 2024. (Reuters / Kailaghan O’Hear / Reuters)
Chevron Venezuela ends contract, but will keep employees in the country: report
Chevron is under pressure because it is finished oil production, Service and procurement contracts were to be operated in Venezuela, handing over its joint venture regime to its partner, state company PDVSA, but it is planning to maintain its direct staff in the country, about four sources of decisions told Reuters.
Chevron is closing around 200 Texas employees as part of the global shortage of 9,000 workers by 2026. (David Paul Morris / Bloomberg Getty Image / Getty Image)
State and Treasury Departments had given to companies such as Chevron, Maur and Prom and Repsol to get cargo of venezuela crude oil, fuel and by -elections by May 27. Biden administration The Trump administration was canceled towards Venezuela, which has been approved by the US government.
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The Chevron’s license to operate in Venezuela ended on Tuesday, although sources told Reuters that Chevron was guided by the Trump administration that would allow it to preserve its stakes, property and employees in Venezuela.
Fox News Business’ Icelin Murphy contributed to this report.
