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‘Difficult Decisions’: Chevron to Layoff More than 500 Employees in Houston Following Hess Merger
HOUSTON, TEXAS, JUL 23 – Chevron cut 575 jobs at Hess office after acquiring Hess in a $53 billion deal, reducing over one-third of Hess’s Houston workforce to boost long-term competitiveness, Texas Workforce Commission said.
- On July 23, 2025, Chevron cut 575 jobs at the Hess office at 1501 McKinney St in Houston, after completing its $55 billion acquisition of Hess.
- Chevron announced its $53 billion acquisition in October 2023, but Exxon Mobil's fight over Hess’s stake delayed the merger until the ICC rejected Exxon's claim on July 18.
- Chevron and Hess IT staff planned integration, impacted employees were offered severance packages, while Mike Wirth said `Converting technology and combining employees from both companies would take a few months`.
- The cuts will take effect on September 26, and Julie Williams wrote `The reduction is a result of the strategic integration of Hess Corporation and Chevron Corporation to position our combined organizations for stronger long-term competitiveness`.
- In February, Chevron said it would cut up to 20% of its global workforce by the end of 2026, underscoring a sector consolidation trend since 2024.
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Chevron to lay off over 600 workers following Hess acquisition – Oil & Gas 360
(World Oil)– Chevron Corp. is cutting almost 650 jobs in the Houston area and North Dakota after completing the $53 billion takeover of Hess Corp. The reductions include 575 positions in Texas and 70 in North Dakota, and will take effect Sept. 26, according to a Chevron spokesperson on Wednesday. Chevron formally closed on its acquisition of Houston-based Hess at the end of last week. “As part of the integration, we will consolidate or eliminate
·Denver, United States
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Total News Sources12
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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