10% workforce reduction and suspension of savings plan contribution are the first steps. Another 10% Involuntary workforce reduction (called a lay off and with severance) seems likely in early 2021 (using the performance ratings recently assigned... — read more
All PIPs should be taken remotely
A safety concern.
In cancer, would you remove the tumor or get rid of 10% of all human cells?
If one has cancer, you would remove the tumor by precisely removing malignant cells. If it is not done in time, metastasis occurs and malignant cancer cells spread and start to create new tumors in different remote organs. If a doctor comes and... — read more
Were posting fictitious jobs part of the scheme?
Did we really go so far as to post new jobs to cover up the foxes ranking? Interesting I know someone suddenly getting hit with job listings at the same time as our “performance assessments” yet we have a hiring freeze?
Take your PIP and shove it
I would love to hear how many actually took the PIP and how realistic the goals are.
Toxic work atmosphere
The culture in this company is very bad. Incompetent supervisors spend all their time brown nosing and working on their next job. Too many layers of middle managers who don’t have a clue on how to run a business. Systemic problem with people... — read more
It's very sad US regular employees across all organizations are HURT
The HURT is not a physical injury, it's deep emotional feeling that will never be wiped out from EM history (at least to the gen x, millenials, some zoomers). If you come to this board in the last few weeks, you see the unhappiness in the... — read more
#Geoscientists #geophysicists PIP
Is there geoscientists or geophysicists in PIP? ——- The last 3-5 years the company have promoted high-fliers with very low technical skills to TTL, supervisor positions and managers. Since thn everything went downhill. The company these days... — read more
Absolute Lunacy in Process Control Department
While some departments have decent technical personnel with incompetent managers, the Process Control Department is totally shocking - they have very young process control application engineers who are inexperienced. On top of this, they have SLS... — read more
Fortune 500, Fortune 100? What’s left?
https://ieefa.org/wp-content/uploads/2019/08/ExxonMobil-Fall-From-SP-500-Top-Ten-A-Long-Time-Coming_Aug2019.pdf
Lays offs EUROPE
Seems the US had the hardest hit, meanwhile in Europe there has been no mention of lay offs, PIPs in HQs (or at least has been kept quiet). Are our European colleagues affected?
Managers with no relevant background
I joined Mobil few years before the ExxonMobil merger and had over 10 years experience prior with other major chemical and engineering companies. One insanity that is strikingly and glaringly visible is upper management in ExxonMobil selecting... — read more
Taking the PIP plan and what could happen .
Looking at my options of PIP plan or resigning. Just wanted to ask if anyone knows what happen if I took the plan and during the plan it starts not to work out that it’s immediate termination? Or I can resign? Manager even though is putting me on the... — read more
Disinfection of Research organizations
These research organizations like Upstream Integrated Solutions and Corporate Research have collected a lot of servants from bottom of the ladder researchers to higher level executives that are useless. These entire organizations and its technical... — read more
Are Operations and Maintenance safe?
Just curious what everyone thinks about how this will affect operations and maintenance personnel at US plants. So far it seems that only salary employees have been let go. Could things get to a point where wage employees are also let go?
How low ExxonMobil has gone to publicly shame and let go of employeeA. Those who survive, it is important for us to have BCP in place.
Remember that you or I could be next..
Next 12 months
https://todayheadline.co/exxon-just-warned-there-could-be-more-job-cuts-ahead/
Leadership
Events of the recent few weeks have been shocking to ExxonMobil employees and shareholders. The performance driven “non layoff” layoffs, the cutting of the savings match and ill the advised belief that not cutting the dividend will stop the... — read more
Something ain’t right and not adding up about cutting the matching 7%
Ok, let’s put this whole pandemic thing in perspective. It all came to a head around the middle/end of March. EM heads have decided in a short 3 1/2 months that they need to cut the matching because the company will not withstand if it doesn’t?... — read more
CL - Lets talk about it
Never figured out the whole dang CL. Always smelt funny like the "Stuff They Don't Want You To Know" sorta scheme.
What would be better for the stock holders: Lay off top 30% or Bottom 20%?
Curious if the company will be better off by letting go of people making it to top 30% as they have been taking the company in a certain direction which may not have worked well. Is throwing the lower ranked 20% (10% now and 10% later?) in the... — read more
Pension vs 401 Matching. Why the company selects to cut one first?
Is there a reason behind deciding to remove company matching (401k matching is very common) vs removing pension contributions in future (pension is less common in other industry). This doesn't seem like a straightforward decision. Maybe someone... — read more
Few may have seen this 5hit of a work culture ahead of rest of us
Several young talented employees and top potentials kicked this company off and left on their own terms when the times were good and before the perceived debacle. Did they have a crystal ball of how bad this company could get? Someone stated that... — read more
Pension contribution and lump-sum is next
Insider info that if the 3rd or 4th qtr doesn’t improve significantly, the company is heavily considering stopping pension contributions and eliminating lump-sum payment for those who were eligible. (People 55+ older) If you qualify for it, take... — read more
Put managers on PIP!
The managers/supervisors set targets for PIP'ed employees which are unachievable within the 3 months. They just wash their hands off without guidance and supervision as if they are not responsible for the result, as the ultimate objective is to get... — read more
Grad tips
I am a soon-to-be Development Engineer in Exxon's downstream division, any tips?
A message from Darren Woods
I hope this communication finds all of you and your families safe and well. These have been trying times. Given recent events, I want to provide some perspective as we move into the second half of what is a very difficult year. By now, you... — read more
Next stop for Exxon bus! Bangalore
Got one word for all US employees! BANGALORE.
Mid cycle assessment?before 2021
Anyone heard of that rumor?
Looking forward
For those who 'resigned' in lieu of PIP, what will you tell future employers in an interview? Was at the company just over 3 years and looking to switch industries...looking for any advice or thoughts.
Rescinding Offers
Do you foresee the company rescinding offers? Has anyone heard any talk of this?
401(k) suspension and true reality of the leadership
Did anyone find Woods' explanation all bs about why suspending 401(k) being the best option? Why not cutting the dividend? XOM currently is sitting at 7.96% dividend with a market cap of $185B. If they cut just 1% in dividend, that would save... — read more
Darren Woods Message
Anyone know what this means? What they are studying? As you also may have heard on the call and from your management, study work is underway to assess the potential for further reductions from structural efficiencies and lower activity levels... — read more
Loss of 401(k)
https://money.usnews.com/investing/news/articles/2020-08-05/exxon-to-suspend-company-match-to-employee-retirement-plans-in-october-sources Must be pretty bad there for this to happen. Retirement related benefits are Exxon's "badge of honor" when... — read more
MLRP
Search it on the intranet the first few hits are informative...
Leave or Stay
Hey everyone, so I'm in a bit of a predicament. I wanted to know if there was anyway to leave ExxonMobil diplomatically(willingly), without that being considered as reneging on my offer. I ask this because I currently have a job offer from another... — read more
Flatten the Org
ExxonMobil has so many Divisions with so many managers: UOG, UIS, and hundreds more. All the managers do is meet with other divisions and chit chat all day long. These divisions should be merged altogether and flatten the org. Only the doers of real... — read more