Chevron Cuts 76 Jobs from Credit Card Unit

SAN RAMON, Calif. -- Some 76 Chevron Corp. workers associated with its two proprietary credit card businesses that are being sold will be dismissed starting in February, according to a report by the San Jose Mercury News.

"The affected employees supported the consumer and commercial call centers at our Concord office," Chevron spokesman Leif Sollid said in an e-mail reply to questions from the newspaper. "They performed a variety of roles that are typical of a call center."

As reported by CSNews Online in early September 2007, San Ramon-based Chevron and its subsidiaries, Chevron U.S.A. Inc. and Chevron Credit Bank N.A., announced that they had reached agreements to sell their respective proprietary credit card businesses.

The company selected GE Money Bank, N.A. to own and operate its Chevron- and Texaco-branded consumer credit cards, and FleetCor Technologies Operating Co. LLC to own and operate its branded-commercial credit cards, the CSNews report stated.

Chevron told the San Jose Mercury News that it communicates regularly with the 76 employees to advise them of the situation and benefits available to them. "All impacted employees will receive severance packages, which include educational reimbursement, redeployment, and outplacement services," according to a Chevron statement.

The company also is hosting a variety of workshops to help the affected employees with resume writing, interview skills and financial planning, the newspaper said.

The staff reductions will continue as late as June. Some of the soon-to-depart Chevron workers, though, could land new jobs with FleetCor, which has already begun to gear up operations in the East Bay. FleetCor will open an operations center in the East Bay.

"We have started the process of job fairs and interviews with some of their people," Bill Schmit, president of FleetCor's major oil division, told the newspaper.

FleetCor is attempting to hire people in a wide range of occupations, Schmit said.

"We are looking primarily for people in customer service, as well as credit and collections, and some marketing and sales positions," he said.
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