Chevron announced today that it will permanently lay off about 125 employees at its Denver office starting July 1.

In a letter filed with the Colorado Secretary of State as part of its Worker Adjustment and Retraining Notification Act (WARN) notice, company officials said it will try to redeploy employees to other locations to minimize the Denver layoffs.

Chevron said it’s “streamlining corporate operations to execute work more efficiently and effectively to position the company for long-term competitiveness.”

The layoffs are happening to the company’s Rockies Business Unit at its Denver office, 1099 18th St., according to the WARN notice. There are approximately 1,000 employees in that business unit, a company spokesperson confirmed.

“Of course, any workforce reduction is a difficult decision, and we do not make it lightly,” said a spokesperson for the company in a statement to The Denver Gazette.

The company said most employees managing daily field operations and regulatory compliance should be largely unaffected. A number of the Denver positions will be moving to Houston.

Those subject to the layoffs will be offered severance and supplemental assistance for medical insurance coverage. According to the company’s WARN letter to Denver Mayor Mike Johnston, employees will receive at least 60 days’ notice of their final day of employment.

The advance notice is required by the federal WARN Act, which gives terminated employees of companies with more than 100 employees the right to sue in civil court for back pay if they are not given the statutory 60-day notice, with certain exceptions including altering companies, unforeseen business circumstances, and natural disasters, according to the U.S. Department of labor.

Chevron is still dealing with the after effects of a gas well blowout in northeastern Colorado that spewed natural gas, oil and other byproducts into the sky for five days starting April 6. 

Cleanup of surrounding homes and properties and investigation of the cause of the well equipment failure are ongoing. Several residents are still displaced.