Chevron to layoff approximately 200 employees in Texas in 2025

Group 1 - Chevron Corp. is laying off over 200 employees in Texas as part of a plan to cut up to 20% of its global workforce by the end of 2026 [1][4] - The layoffs will affect 185 employees at the Deauville Boulevard location, 14 at North FM 1788, and 7 at South County Road, scheduled for July 15 [1] - The company aims to simplify its organizational structure and enhance long-term competitiveness, with potential cuts ranging from 6,750 to 9,000 employees out of a total of 40,200 non-service station employees and nearly 5,400 service station workers [4] Group 2 - Chevron has terminated its oil production, service, and procurement contracts in Venezuela but plans to retain its direct staff in the country [6] - The U.S. government had previously sanctioned Venezuela, and companies like Chevron were given until May 27 to receive cargoes of Venezuelan crude oil and byproducts [8] - Although Chevron's license to operate in Venezuela ended, it has received guidance allowing it to preserve its stakes, assets, and staff in the country [9]