Chevron diversity ratio to improve as layoffs progress

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Oil major Chevron Corp expects to reduce the dominance of white males in company management during cost-cutting this year, upping the share of ...

Oil major Chevron Corp 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 44per cent from 38per cent 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.Figures from the end of last year show that less than a quarter of Chevron's U.S. executives and senior managers were female, and only 22per cent were from ethnic minorities.

A spokeswoman for the company confirmed the details of the email but did not specify whether the selections were permanent appointments or a shortlist for the positions.

Source: News Formal (newsformal.com)

 

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