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Chevron to cut nearly 800 jobs in Texas
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Chevron to cut nearly 800 jobs in Texas
May 28, 2025 5:10 PM

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

nearly 800 employees in Texas, according to a notice on

Wednesday to the Texas Workforce Commission, 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operate in Venezuela was revoked and its planned $53 billion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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