Chevron to cut Houston jobs as part of larger upstream workforce reduction – Houston Business Journal

Chevron Corp. (NYSE: CVX) plans to cut 655 Houston jobs this year as part of thousands of cuts already announced for 2016.“In light of the current market environment, Chevron continues to take action by revising organizational structures, increasing efficiencies and reducing expenses,” Chevron said in a statement. “As part of this, we have undertaken a previously announced workforce reduction across our Upstream group.”

Source: Chevron to cut Houston jobs as part of larger upstream workforce reduction – Houston Business Journal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s