Pros
The people at Chevron are great and overall it's a pretty good company - decent benefits and company culture. The 9/80 work schedule is a great perk. It has struggled to stay competitive with other big employers in California though.
Cons
Leadership has become increasingly out of touch, with regular re-organizations, lay-offs, and offshoring of support/operation functions disrupting day-to-day work and making processes even more slow and bureaucratic. Overall most employees are still wonderful to work with, but the constant leadership mantra of "do more with less" and removal of flexible/hybrid work has definitely reduced morale and made Chevron just another job, whereas it used to be a genuinely enjoyable place to work.