Topics regarding layoffs at ExxonMobil Corp.

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Topics regarding layoffs at ExxonMobil Corp.

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5% NSI again...it is official

The word came out today that NSI will be 5% and that "we will maintain this level for some time and will continue to monitor that it meets our objectives". Objectives eh? whatever happened to "nominally 3%". ExxonMobil leadership flat out... — read more 

Guardian article

https://www.theguardian.com/education/2023/mar/27/fossil-fuel-firms-us-universities-colonize-academia

How Big Companies Choose Who Is Laid Off Process can involve weeks of debate as employee performance, skill sets are reviewed

By Chip Cutter March 26, 2023 5:30 am ET https://www.wsj.com/articles/how-big-companies-choose-who-is-laid-off-8e5e843 Soon after a company decides to cut its head count, the debate begins: Who should go? In the current economic environment, a... — read more 

No OPEX for you

Really bad decisions being made right now to hit OPEX targets in the upstream, anyone know what is the reason for the latest example of insanity?

I still call it a layoff

You can let people go with dignity and give them a decent severance package after many years of service and good rankings. Exxonmobil is doing this on the cheap by calling you a low performer then giving you 4 months of pay. Also they dont call... — read more 

Exxonmobil black bean day.

On March 25th 1843 a group of Texans who had escaped were captured. They all had to draw from a bowl of beans where every 10th bean was black. Those who drew the black bean was shot. Exxonmobil could save lots of money if we quit this farce we call... — read more 

Put the blame where blame belongs

A lot of the blame for how bad the ranking system is belongs to the workforce at large. I've been a supervisor for a number of years and the majority of feedback provided is total garbage. Nothing of substance. Nothing meaningful. Nothing actionable... — read more 

The Hunger Games begin in a few weeks

The annual hunger games (aka Performance Assessment) begin in about two weeks. I love how DW has said that we had an exceptional year because of exceptional people. Alas, no we have to take those exceptional people and find some to shuffle to the... — read more 

Ridiculous Baton Rouge Managers

As an experienced hire into the chemical plant, this journey has been more than just painful. Every nerve of my body regrets why i left my old job to come here and be doubted on my abilities, being questioned on my credibility. This place is a joke... — read more 

High cost IT initiatives vs losing people in Permian

Why does XOM continue to fund IT projects that go nowhere fast but continue to let operations lose talented people? Why does IT believe they should be paid the same as engineers and operators that are actually making money everyday?

Be the leader you wish you had

Constantly complaining about your manager? Be the leader you wish you had for those around you. Peers. Your reports. Your manager. Change starts with you.

Exxon doesn't care about employee development

Not only is there no real employee development at Exxon, but they don’t seem to recognize development you obtain outside of the company once you are hired. I got my masters on my own (before I knew about company reimbursement). I made the mistake of... — read more 

SVB vs XOM Employee Payout

SVB paid bonuses days before going bankrupt. What are the chances they will go years without raises as we have all experienced in the 2015 downturn and 2020 downturn? Will their 401k match be eliminated? Doubtful. Politicians continue to pick winners... — read more 

Business Transformation

I need some catharsis right now. Let’s point out the problems with Business Transformation. (From the perspective of ‘Okay, we’re going to support this vision, but the details/execution/plan are a big mess.’)

Critique my plan please

I enjoy working in oil and gas. I see no other oil and gas company that is any different from an employee experience perspective. I am in my mid 40's and so I am worried about being fired once I reach my mid 50's like I've seen happen to others. My... — read more 

Moving on from XOM is the best option

Exxon employees under 40yrs old, should consider that the company is designed to underperform in your development for the next few decades. Finding new employment now is probably the best thing for your career. I tell this to anybody new I meet... — read more 

Are We Following Jack Welch's GE Playbook?

Jack Welch's GE legacy ended last week: R.I.P. Story by Allan Sloan • Yesterday 8:43 AM https://www.msn.com/en-us/money/markets/jack-welch-s-ge-legacy-ended-last-week Jack Welch, the legendary long-time chief executive of General Electric, died on... — read more 

Poor Healthcare

Why is Exxon’s Aetna so healthcare such bad coverage? No hard data, anecdotal experience is mine and friends, but seems our health care provider options weren’t ever great and are dwindling. Healthcare is a benefit I would think Exxon would highly... — read more 

The Hunger Games and Crude Oil Price Correlation - Crude oil prices fall to $70/barrel as growing stockpiles add to economy fears

https://www.msn.com/en-us/money/markets/crude-oil-prices-fall-to-70-barrel-as-growing-stockpiles-add-to-economy-fears Story by Investing.com • 8h ago Investing.com -- Crude oil prices fell to their lowest in 15 months on Wednesday, on a combination... — read more 

Managerial positions

I think the problem is that the best individual contributors are promoted to managers. Everyone wants to be a manager rather than a great individual contributor as that is the way to succeed. We need to have a true technical ladder. The high... — read more 

High time to shrink middle mgmt

Middle managers should be able to manage twenty to thirty employees. Ten employees were circa 1990 before Office 365, laptops, and cell phones existed. Bottom line is that middle management needs to shrink by 50% if they only have ten direct... — read more 

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