The job of no fewer than 350 Nigerian workers of Chevron Nigeria Limited is on the line, as the company commences its downsizing exercise.
Meanwhile, its over 500 expatriates, it was alleged, would not be affected by the exercise.
According to reliable sources, the job severan-ce measure, entitled Voluntary Separation Package, VSP, started this month, is billed to terminate December 12.
Vanguard learnt that the exercise is causing friction between the management and its workers, while union officials insist that management was executing an agreement that had not been signed.
Sources said that Chevron management accepted that production was going on smoothly, but that their expenses was eating up their gains, hence the need to downsize to remain in business.