This change comes amid shifting market conditions and increasing pressures on the company. Major company to axe nearly 9,000 ...

Up to 9,000 Chevron employees will lose their jobs as the oil giant slashes 15 to 20 percent of its global workforce, the company said Wednesday. The layoffs will begin this year and continue ...

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 is embroiled in a court ...

Last fall, Chevron CEO Mike Wirth told Bloomberg the structural cost savings will come from asset sales, the use of new technology and workflow changes, indicating a potential for U.S. job cuts.

The job cuts will also help Chevron simplify its business model, vice chairman Mark Nelson told media in a statement. The layoffs will take place by the end of next year. With a total workforce of ...