How many employees does Chevron have? A look inside its global workforce

Core Insights - Chevron Corporation has been a major player in the energy sector for 150 years, recognized as one of the largest companies globally and included in the Dow Jones Industrial Average [1] Group 1: Company Overview - Chevron operates across the entire oil and gas industry, from exploration to refining and retail, with over 20,000 Chevron and Texaco stations worldwide, including 8,000 in the U.S. [2] - As of December 31, 2024, Chevron employed 39,742 individuals, including corporate staff and field technicians, with an additional 5,556 employees at service stations [3] Group 2: Workforce Reduction - On February 12, 2025, Chevron announced a workforce reduction plan of 15% to 20% by the end of 2026, potentially affecting up to 9,000 jobs as part of a restructuring initiative aimed at improving efficiency and cutting costs by $3 billion [4] Group 3: Global Presence - Chevron has a market capitalization of $395.5 billion, ranking it as the 16th most valuable company on the Fortune 500, with employees located in 51 countries across six continents [5] - 57% of Chevron's workforce is based in the U.S., with significant operations in energy-producing regions like Australia, Kazakhstan, and Nigeria [6] Group 4: Historical Context - Chevron's origins trace back to the Pacific Coast Oil Company and Standard Oil Company of California, with its headquarters moving from San Francisco to San Ramon in 1999, housing about 2,000 employees [7] - In 2024, Chevron relocated its operations from San Ramon to Houston, Texas, due to stringent energy regulations, resulting in the retirement of several executives and a reduction of approximately 175 employees [8]