San Ramon, California – Chevron has announced plans to lay off approximately 600 employees from its former headquarters in San Ramon, California, as part of its broader strategy to cut 15 to 20 percent of its global workforce by the end of 2026. The move comes as the oil giant continues its transition away from the Golden State, having previously declared its intention to relocate its headquarters to Houston, Texas, over the next five years.
The layoffs, which will begin on June 1, were formally disclosed to California officials in a Worker Adjustment and Retraining Notification (WARN) notice filed on March 27. The job cuts are part of Chevron’s efforts to streamline operations, cut $3 billion in costs, and improve long-term competitiveness. The company has cited rising operational costs, project delays, and diminishing oil and gas reserves as key reasons for its restructuring.
Chevron’s state government affairs manager, Henry Perea, stated in the WARN notice that affected employees will be provided with extended medical benefits, access to education and training programs, and career transition services. However, he also warned that additional layoffs in California may follow, although specific numbers have not yet been determined…