Chevron Cuts Another 80 Jobs in M-U; Still Looking for Buyer

Last December Chevron announced it was writing down the value of its Marcellus/Utica assets and putting those assets up for sale (see Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All). Prior to the pandemic lockdown, Chevron said it would begin cutting 320 jobs in the M-U beginning early April (see Chevron Cutting 320 Jobs in Marcellus/Utica Beginning April 6th). The cuts continue with another 80 employees getting a pink slip this week.

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment