AI leading to faster, cheaper oil production, executives say
Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...
Forbes29d
Chevron Will Lay Off Up To 20% Of Employees—Impacting Up To 9,100
Energy giant Chevron will let go of up to a fifth of its more than 45,000 employees, the company confirmed in a statement Wednesday to Forbes, becoming the latest American giant to announce a ...
The Business Journals29d
Chevron to cut up to 20% of workforce amid push for simplification, efficiency
The "reductions are in line with" the plans Chevron previously announced to reduce structural costs by between $2 billion and $3 billion, the vice chairman said. Chevron Corp. (NYSE: CVX), which ...
Houston Chronicle1mon
Houston-based Chevron to lay off up to 20% of its global workforce by 2026
Chevron, the global oil giant that recently moved its headquarters to Houston, announced in an internal town hall that it will lay off between 15% and 20% of its global workforce by 2026 ...
UPI29d
Chevron to cut up to 20% of workforce as it slashes costs by as much as $3 billion
Feb. 12 (UPI) --Chevron on Wednesday announced it will lay off 15-20% of its global workforce in an effort to reduce costs by up to $3 billion. Chevron expects to complete most of the cuts by the ...
The Hill28d
Chevron to lay off up to 20 percent of its workforce
Chevron plans to lay off up to 20 percent of its workforce, according to a company spokesperson. Vice Chairman of the Chevron Corp., Mark Nelson, said that the company “is taking action to ...