Chevron is set to lay off around 25% of Noble Energy’s employees who joined the supermajor after the Noble acquisition completed on October 5, Kallanish Energy reports.

It’s expected that around 570 jobs will be lost at Noble Energy, on top of Chevron’s plans to reduce its global workforce by 10-15% (4,500-6,750 jobs). Most of the Noble layoffs are to take place by year-end.

“We expect Chevron’s new organizational design to retain approximately 75% of Noble’s positions. This number will vary in each business segment and function,” a Chevron spokesperson told Kallanish Energy on Wednesday.

“We are confident the Noble employees who are selected will play an important role in helping Chevron compete in any business environment. Working together, we will implement the changes we have made over the last year to improve our performance, strengthen our leadership and culture, and simplify our business model to deliver results,” she added.

CEO Michael Wirth had welcome Noble’s employees and shareholders to Chevron earlier this month, adding “Noble’s high-quality assets complement Chevron’s advantaged upstream portfolio, and the combination is expected to deliver strong financial benefits.”

The acquisition gave Chevron access to Noble’s low-capital, cash-generating offshore assets in Israel, strengthening its position in the Eastern Mediterranean. It also enhanced Chevron’s U.S. unconventional position with de-risked acreage in the DJ Basin and 92,000 acres in the Permian Basin.

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