Chevron Dumping Pittsburgh Office Space – 90,000 Sq Ft for Lease

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 in early April (see Chevron Cutting 320 Jobs in Marcellus/Utica Beginning April 6th). The cuts continued in May with another 80 employees getting a pink slip (see Chevron Cuts Another 80 Jobs in M-U; Still Looking for Buyer). It shouldn’t come as a surprise with all the layoffs that Chevron is now advertising most of their Pittsburgh HQ office space for sublease.

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