Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday.

While Chevron's shares saw a slight dip after the announcement, their share price has been up 2.86% in the last year. More broadly, the S&P 500 Energy Sector index has fallen 2.7% in the last day.

Chevron will lay off 15% to 20% of its workers, or roughly 6,000 to 8,000 people, the company told employees on Wednesday. A top company executive told Barron’s that the layoffs are part of a ...

Chevron to layoff 15%-20% of workforce The energy giant is headquartered in Houston but it's unclear how many, if any, of the layoffs will happen here. To stream KHOU 11 on your phone, you need ...

Chevron plans to lay off 200 employees at locations in Midland, Texas as part of a global workforce reduction of up to 20% that is expected to be complete by 2026.

Chevron is seeking to trim its headcount by a sizable amount. The energy giant will lay off 15%–20% of its workers in a bid to "simplify our organizational structure, [execute] faster and more ...

Chevron plans the to cut nearly 800 jobs by the end of next year. Chevron corrects layoff figures to 200 in Midland, Texas, happening by July 15, 2025. Offers severance and transition assistance ...

Chevron, Colorado’s largest oil and gas producer, plans to lay off about 125 employees in its Denver office starting July 1 as part of an effort to cut costs companywide.

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday.

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major acquisition.

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday. CNN values your feedback 1.