The chair and CEO of Mike Wert offers the latest details about the company's potential $ 53 billion merger with Hess in “Morning with Maria”.
Shuron seeks to eliminate a significant amount with a significant amount.
Energy giant will turn off 15 % -20 % Speaking on Wednesday, Mark Nelson, the deputy chief of St, said in a statement on Wednesday to try to “simplify our organizational structure, faster, more efficient and efficiently, and to put the company for long -term competition.”
According to its latest annual report, a large number of Chevron World Council at the end of 2023 included more than 40,200 non -service station employees and nearly 5,400 workers in the service station.

(Jonathan raa/nurphoto through Getty Images)
Nelson said Company The “most” of the fired, which begins this year, ends before the end of 2026.
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“We do not take these measures slowly and we will support our employees through transfer,” but the leadership needs to take these measures to improve our company's long -term competition for people, shareholders and our communities. ” Human
According to Nelson, the energy giant plans to reduce its structural costs by firing and other measures by $ 2 to $ 3 billion before 2027.

A chest gas station in Los Angeles (Mario Tama/Getty Images/File)
CFO Eimear Bonner said in November that when the company released its third trimester, Chevron was planning to reach that level. He said the company will update its efforts “by 2025”.
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According to Nelson's statement, the energy giant is “optimizing its portfolio, using technology to increase productivity, and changing how and where to do work, including widespread use of world centers”.
Tick | Security | The last | Change | Changing % |
---|---|---|---|---|
CVX | Chevron Corp. | 154.93 | -2.49 |
-1.58 % |
He said the structure of organizations that creates “to improve standardization, concentration, efficiency and results, open the potential of new growth and help with Chevron that will continue to work in the industry in the future and in the future. Gives. ”

(Reuters/Mike Blake/File)
The news came about two weeks after revealing its fourth quarter earnings.
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Cheerun had a total revenue of $ 52.2 billion and nearly $ 3.24 billion in net income in the fourth quarter. Throughout 2024, the company saw $ 202.79 billion and net income of $ 17.66 billion, the second of which declined 17.35 % last year.
The company's world Pure oil equivalent Send 7 % increased year compared to the year.
CEO of Mike Wert He said the company is “in a strong position last month, with the near -time catalysts expected to do better in 2025 and 2026.”