The entrance to Granite Tower at 1099 18th St. in Denver. (BusinessDen file)
Chevron, the Houston-based oil giant, will lay off up to 125 people at its downtown Denver office.
The cuts at 1099 18th St., its Rockies regional headquarters, will start on July 1, according to a Workers Adjustment and Retraining Notice filed with the state on May 2.
Chevron spokeswoman Trudi Boyd said the exact number of people isn’t known because Chevron has offered some staff the option to transfer to its Houston office. They have 60 days to make a decision, she said.
The positions are administrative, Boyd added. She said there are about 1,000 Chevron employees in Colorado, most of whom are field workers.
“The WARN is for Denver only, and a number of those will be moving to Houston,” she said. “For the field facing people… they will be unchanged.”
She said the office won’t close but declined to give specifics on how the Rockies unit administration will look in the future since the company doesn’t know how many people are leaving yet.
Earlier this year, Chevron said it plans to lay off 15% to 20% of its total workforce and cut its operating budget by up to $3 billion. It had 45,300 employees at the end of 2024, according to the company’s annual report filed with the SEC.
“The company announced earlier in the year that they were streamlining workforce operations,” Boyd said. “So this is part of that future.”
The entrance to Granite Tower at 1099 18th St. in Denver. (BusinessDen file)
Chevron, the Houston-based oil giant, will lay off up to 125 people at its downtown Denver office.
The cuts at 1099 18th St., its Rockies regional headquarters, will start on July 1, according to a Workers Adjustment and Retraining Notice filed with the state on May 2.
Chevron spokeswoman Trudi Boyd said the exact number of people isn’t known because Chevron has offered some staff the option to transfer to its Houston office. They have 60 days to make a decision, she said.
The positions are administrative, Boyd added. She said there are about 1,000 Chevron employees in Colorado, most of whom are field workers.
“The WARN is for Denver only, and a number of those will be moving to Houston,” she said. “For the field facing people… they will be unchanged.”
She said the office won’t close but declined to give specifics on how the Rockies unit administration will look in the future since the company doesn’t know how many people are leaving yet.
Earlier this year, Chevron said it plans to lay off 15% to 20% of its total workforce and cut its operating budget by up to $3 billion. It had 45,300 employees at the end of 2024, according to the company’s annual report filed with the SEC.
“The company announced earlier in the year that they were streamlining workforce operations,” Boyd said. “So this is part of that future.”
