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, OFFICIAL-Chevron to cut 200 jobs in Texas
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, OFFICIAL-Chevron to cut 200 jobs in Texas
May 29, 2025 4:24 PM

(In headline and first paragraph corrects number of layoffs to

200 from 800 after the commission corrected its reporting)

By Sheila Dang

HOUSTON, May 28 (Reuters) - Chevron ( CVX ) will lay off

200 employees in Texas, according to figures from the Texas

Workforce Commission.

The layoffs are part of the U.S. oil producer's plan to cut

up to 20% of its global workforce by the end of 2026.

The job cuts will be in Midland County, where Chevron ( CVX ) has

large operations in the Permian Basin, the top U.S. oilfield.

The layoff date is July 15, according to the notices.

Chevron ( CVX ) announced plans to slash the global workforce in

February in order to cut costs and simplify the business. Since

then, Chevron ( CVX ) has come under more pressure, as its license to

operate in Venezuela was revoked and its planned $53 billion

acquisition of oil producer Hess hangs in the balance amid an

arbitration dispute.

The company previously gave notice that it would lay off at

least 600 employees in California effective June 1, according to

a filing in March.

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