Chevron is set to lay off 70 employees from its Renewable Energy Group (REG) headquarters in Ames, Iowa, according to a WARN Notice posted on the Iowa Workforce Development website, as reported by several media reports. The WARN Act—short for the Worker Adjustment and Retraining Notification Act of 1988—is a federal law that mandates companies of a certain size to provide advance notice ahead of mass layoffs or plant closures.

The Ames headquarters of Chevron REG serves as a central hub for numerous key departments including leadership, accounting, finance, corporate affairs, customer service, engineering, human resources, legal, manufacturing, global sourcing, sales and marketing, tax, training, and transportation.

As reported by several media reports, Chevron stated the decision is part of a broader strategy to streamline operations, enhance efficiency, and strengthen the company’s competitive position in the long term. Chevron had previously announced plans to restructure its business, and these layoffs are in line with the company’s anticipated workforce reductions beginning in 2025.

In a statement issued in February, as cited by several media reports, Chevron outlined its intent to optimize its portfolio, leverage technology to improve productivity, and rethink how and where work is carried out—highlighting the increased use of global centers. “We believe changes to the organizational structure will improve standardization, centralization, efficiency and results, unlocking new growth potential and helping Chevron drive industry-leading performance now and into the future,” the company stated.

Chevron also noted that it expects the reorganization to lead to workforce reductions of 15 to 20 percent, with the majority of the changes to be completed by the end of 2026. This initiative is part of a broader effort to achieve $2 billion to $3 billion in structural cost reductions by the end of 2026, with continued impacts projected into 2027 and beyond.

“We do not take these actions lightly and will support our employees through the transition,” Chevron emphasized in its February announcement. “But responsible leadership requires taking these steps to improve the long-term competitiveness of our company for our people, our shareholders and our communities.”

When the layoffs were announced in May, Chevron reiterated its commitment to assisting affected employees: “This is a difficult decision, and we do not make it lightly. We understand the impact this news may have on our employees, their families and the communities where we operate. Our priority is to support our employees through this transition. We are offering severance benefits and outplacement support.”

According to the WARN Notification, the effective layoff date is June 18. Chevron REG currently employs about 300 people in Ames, meaning the 70 layoffs account for nearly a quarter of its local workforce.