News

Chevron (CVX) Gives Notice of Nearly 800 Job Cuts in Permian Basin

Bloomberg.com · last updated

Chevron Corp. plans to lay off nearly 800 employees in the Permian Basin, its biggest oil-production operation globally.

The bulk of the reductions will come from Chevron’s Midcontinent campus on the outskirts of Midland, Texas, the company said in a filing with the Texas Workforce Commission. The filing listed the layoff date as July 15, 2025.