'Woke austerity'? Reuters reports Chevron is going to improve company's 'diversity ratio' through layoffs and other measures (and people have thoughts)

Jul 25, 2020 2:05 PM
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'Woke austerity'? Reuters reports Chevron is going to improve company's 'diversity ratio' through layoffs and other measures (and people have thoughts)
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Another day in 2020 brings with it another headline destined to spark double-takes:

“Human energy” — just less of it?

More:

Oil major Chevron Corp (CVX.N) expects to reduce the dominance of white males in company management during cost-cutting this year, upping the share of senior level jobs held by women and ethnic minorities to 44% from 38% last year, the company said in a statement.

Like most of its peers in an industry struggling with the collapse of oil prices this year, Chevron is cutting spending, consolidating business units, and has asked some managers to reapply for their jobs.

Maybe this is another way to look at what’s going on:

Perhaps that should be the company’s new tagline.

And there’s still plenty of time left in the year.

News Topics DIVERSITY | PC

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