The Ax Falls for 925 in the East Bay

The Contra Costa Times reported this afternoon that Chevron Corporation is cutting 925 jobs in the East Bay. 620 positions will be eliminated from its San Ramon California head quarters, and 305 jobs from its Concord California facility. The cuts are part of a larger effort to eliminate 2,000 jobs worldwide.

Chevron Corporation Facility in Concord Ca.

The cuts represent 18% of the 3,500 employees in San Ramon, and 16% of the 1,900 employees in Concord.

This is very local for me, as the Concord Chevron facility is about 1/2 mile from my office. Not a whole lot more to say about this, other than for an area still struggling to recover from the residential real estate crash, this isn't exactly helping things...