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Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
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Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Jul 23, 2025 12:53 PM

July 23 (Reuters) - Chevron ( CVX ) cut 575 positions in

the Houston area after it completed its $55 billion merger with

Hess, a Texas Workforce Commission filing revealed on Wednesday.

According to a Worker Adjustment & Retraining Notification

dated July 18, the U.S. energy major laid off the employees when

its takeover of Hess was officially completed.

The reductions will take effect on September 26, according

to the notice.

The merger was delayed for over a year but even as the green

light for it was awaited, Chevron ( CVX ) had been making preparations

so it could close the deal with Hess quickly, Reuters previously

reported.

Information technology workers from Chevron ( CVX ) and Hess met

regularly to plan the integration, and Hess employees were

informed that they could request a severance package following

the deal's close.

Converting technology and combining employees from both

companies would take a few months, Chevron ( CVX ) CEO Mike Wirth had

told Reuters in an interview last week.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Anil

D'Silva)

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