<ul><li>Chevron plans to lay off nearly 800 employees in Midland County, Texas, as part of a global restructuring.</li><li>The job cuts will begin on 15 July and are part of Chevron's goal to reduce 20% of its worldwide workforce by 2026.</li><li>This move follows similar layoffs in California, affecting over 600 positions primarily based in the productive Permian Basin.</li><li>Chevron's restructuring is a response to challenges like the loss of its operating license in Venezuela and legal delays in a major acquisition, highlighting broader industry trends amid global uncertainties.</li></ul>

Chevron to cut 800 jobs in Texas

Discover more