Oil & Gas Integrated

Employment trends and layoff analytics for the Oil & Gas Integrated industry.

9,000
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
9,000
Avg per Event
Employees affected
0
Confirmed
Company verified events
0
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Energy
9,000

Most Common Reasons

Chevron announced between 8,000 and 10,000 job cuts, representing up to 20% of its workforce. The reductions are tied to cost-saving initiatives as the company finalizes its acquisition of Hess Corporation, aiming to eliminate redundancies and improve operational efficiency.
1 event

Companies in Oil & Gas Integrated

CHEVRON CORP
CVX
9,000 employees affected · 1 event · Energy

Recent Layoff Events

DateCompanyEmployeesReason
Apr 1, 2025
CHEVRON CORP
8,000-10,000 (20.0%)
Chevron announced between 8,000 and 10,000 job cuts, representing up to 20% of its workforce. The reductions are tied to cost-saving initiatives as the company finalizes its acquisition of Hess Corporation, aiming to eliminate redundancies and improve operational efficiency.