Posted Jul 28, 2015, 10:42 PM
|
 |
Moderator
|
|
Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,383
|
|
ouch.
http://www.bizjournals.com/houston/n...ston-jobs.html
Quote:
|
Originally Posted by HBJ
Chevron axes Houston jobs
Chevron Corp. (NYSE: CVX) plans to cut about 950 of its roughly 8,000 employees in Houston, a spokeswoman for the company told the Contra Costa Times.
The job reductions are part of Chevron’s push to reduce costs by $1 billion following a 56 percent plunge in crude oil prices over the past two years. The San Ramon, California-based company will also cut 500 jobs at its headquarters, 50 international jobs and 600 contractor jobs, the Times reports. About 270 of the cuts are vacant posts that Chevron won't fill.
The job cuts are expected to be complete by November, according to the Times.
|
|