> Layoffs announced for Hess Tower's Chevron employees in Houston
Layoffs announced for Hess Tower's Chevron employees in Houston
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Houston-based Chevron Corp. (NYSE: CVX) plans to lay off approximately 575 employees from Hess Tower downtown now that it has closed its $53 billion acquisition of Hess Corp.
In a Worker Adjustment and Retraining Notification Act letter to the Texas Workforce Commission, Chevron said it would lay off the employees from 1501 McKinney St., where New York-based Hess had its Houston office. It’s also the headquarters of Hess’ master limited partnership, Hess Midstream LP (NYSE: HESM).
MORE: https://www.khou.com/article/money/business/houston-business-journal/chevron-layoffs-hess-tower-houston/285-a7ea780a-e3da-4caf-8e27-a0866586dd1b