Employment News
Chevron Restructuring to Result in 2,000 Lost Jobs
By victor | Dated: 03-09-2010
Chevron Corp. is poised to cut 2,000 jobs this year and more in 2011 as part of a major restructuring effort, the company announced Tuesday. Additionally, Chevron said it is seeking bid for its Pembroke refinery in Wales along with fuels, aviation and lubricants businesses in the Caribbean and Central America.Mike Wirth, executive vice president of Chevron’s global downstream business, said in a statement that conditions for its refining and marketing business are proving a challenge. That stems from rising oil prices and falling demand, as well as new refineries that are being built.
“Downstream conditions are likely to be difficult for the next several years,” Wirth said.
Chevron anticipates the new organizational structure to be in place by the third quarter.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
I was facing the seven-year itch at my previous workplace. Thanks to EmploymentCrossing, I'm committed to a fantastic sales job in downtown Manhattan.
- Joseph L New York, NY
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
