Chevron to cut 20% of global workforce in cost-reduction effort
February 13, 2025
(World Oil) – Chevron Corp. plans to cut its global workforce by 15% to 20% by next year, as part of efforts to reduce costs and raise profits. The US oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees. The company recently moved its headquarters from San Ramon,
