By Ernest Scheyder, Sheila Dang HOUSTON (Reuters) -During an internal town hall meeting last week, roughly 40,000 Chevron ...

The deal is stalled pending arbitration. Four Chevron employees told Reuters the layoffs were widely expected internally. Some even conceded the move was necessary to compete with Exxon and other ...

Oil prices and refining margins were lower than the previous year, but still sufficient to drive a full year 2024 profit for Chevron of $18.3 billion, down from $24.7 billion in 2023. The layoffs ...

This year only has just over one-and-a-half months in the books so far, but multiple companies have already announced layoffs ...

JPMorgan Chase initiated several rounds of layoffs, while Amazon, Blue Origin, Meta and Chevron are among the companies planning to lay off thousands of workers. “If the private sector also loses jobs ...

Headcount reductions in early 2025 are taking place at companies in a broad range of sectors, impacting thousands of ...