Thread regarding ExxonMobil Corp. layoffs

You have to follow the Pillsbury Dough Boy (PDB) moves. What Board of Directors is he on now? How does he influence those companies he represents to purchase ExxonMobil assets. Is the quid pro quo? Corruption and unethical representation to his current Boards? Or maybe, just maybe, even in retirement from ExxonMobil in 2010 in the position of an SVP, the Pillsbury Dough Boy continues to do ExxonMobil’s bidding?

Let’s follow the path of PDB since retirement shall we. Was appointed to Board of Directors following ExxonMobil retirement to a large U.S. refinery company, gobbling $250k in annual compensation, travel perks, stock awards and other niceties. By 2015, this company had purchased two ExxonMobil US refineries, basically as reported in the news for the market price of crude ($40 - $ 50 per barrel) stored at the facilities. Sweet deal, eh? PDB’s new company gets refineries on the very cheap and ExxonMobil dumps two POS refineries that no one had been willing to purchase for a decade or more.

Now that PDB works was done, the Pillsbury Dough Boy jumps ship and heads to a Canadian Refiner’s Board of Directors. More money, more money and more benefits. Within a short time period, IOL CEO jumps ship and heads off to be CEO at PDB’s company. Interesting, huh? Then the BRRF refinery manager jumps heads in the same direction and lands a nice VP job. Very interesting as Sgt. Schultz would say. I expect more IOL employees to follow.

And now we have Joliet that ExxonMobil would have liked to have sold for the past two decades, but again, who would buy that operation? It is not like the MidWest is short refineries. So I expect that Joliet will be sold to PBD’s Canadian refinery, probably again based on the price of crude at the time of the sale.

And The Wheel of grift, power, control and $$$ for PDB, his companies and ExxonMobil continue to turn.

I mean it’s not like we did a deal with the biggest oligarch and his son in Guyana to build out our facilities there. S-x and human trafficking and dr-g trafficking made the oligarchs what they are today. Did the Guyana request we do this construction deal with the oligarch? Was it a quid pro quo to ensure ExxonMobil secured the upcoming new leases? Does it provide the oligarch with more money laundering capabilities and doing a deal with ExxonMobil looks real good to improve the oligarch’s disgusting reputation? Does it keep the bribery money flowing from the oligarchs to the Guyana government, trafficking is an expensive government bribery business. It’s not like we weren’t warned by the US government and top level officials to include the FBI that we were doing a deal with the most corrupt and disgusting humans in Guyana. How much Colombian co----e that they distribute makes it way to the US and Europe and destroys lives and families, tons and tons from my research. No statistics on the s-x and human trafficking, but what a disgusting business, the worst of the worst crime humans can do to one another. But hey, some new oil leases in Guyana would certainly be a boon for oil production, right? Increase earnings per share, more compensation of the Executive cabal. More stock buybacks to increase EPS and more compensation for Executive cabal. A win win for the Executive cabal!!! Maybe allowing us to sneak in some more ExxonMobil stock for PDB’s efforts.

“It’s a real shame they got so much”

The real sign that Joliet is being positioned to sell is when they start bringing in expats such as IOL personnel or late career folks ready to retire. Expats can be repatriated and people ready to retire can get some nice bonuses and a shot at a second career.

@2pzs Newsflash no one has a “hard on” for Joliet it’s just the facts: ExxonMobil doesn’t need Joliet. It’s not personal, just business. More capacity in last few years at integrated facilities and expected reduction in demand along with Illinois being NOT business friendly means get rid of Joliet. When you consider the cost of shutting down a refinery from an environmental and legal sense, it’s better business to sell rather than close even selling at less than market or replacement value. Now, if we can load Joliet up with our worst employees, all the better since we are ensuring they won’t ever be a competitor. Sorry to be the bearer of bad news, but on the positive side, your new employer might be better than ExxonMobil…for a year or so before they close the doors. I’d be looking for another job NOW! Never know, you might get lucky and find a better job. Again, no hard feelings and certainly not a “ hard on”.

If you are near retirement, Joliet may be the place to be if sold. More likely to get more out of it if such a transaction take place.

You guys and you’re hard-on to sell Joliet. They’re moving a chemicals DH to a mgmt slot and shifting 3 white males to plant mgr, process mgr, and maint mgr. Saves on relocation costs, keeps continuity for the site after they’ve been saying for over a year that little people can’t advance for “continuity”. Like someone else said, the mgrs get to keep advancing at all costs while people actually doing work stagnate.

There is no way anyone has the cash to pony up for a fuels only refinery. ExxonMobil would have to give it away. Joliet will be funding all the LCS garbage projects at 9% return until the IRA incentives expire. Joliet will be with ExxonMobil until 2032 for sure.

Joliet has been on the sales block for 10+ years. We are just waiting on the right price.

We are only going to keep our integrated refinery-petrochemical facilities long term. All "stand-alone" refineries are for sale.

Also, as we continue to sell refineries, we will no longer need the same level of EMTEC support. Less refineries, less centralized engineering and research support needed.

@apa+1nNJsIvO You're exactly right. Spot on.

Getting joliet ready to sell. Moving out people we want to keep and moving in people we want to get rid of, taking out the trash so to say. The ones we are moving to Joliet are to ensure the new owner can’t compete with us. Joliet is not needed with expansions at other refineries along with the coming expected reduction in demand and lower prices. Also, Illinois is one of the worst business environments we operate in. Selling Joliet is better than shutting it down as we don’t have to deal with bad press of workforce reduction, environmental issues, etc.

They are trying to keep us colored folk down.

Exxon is like: "Never Let Them Know Your Next Move"

Feels like they shift managers around during the ranking/ hunger games in order to disconnect the line of command so that the employees are left bewildered and it is a good excuse to have them with no sense of follow up. Creating chaos for the employees means there’s a sense of hopelessness and they are less likely to fight it. Good cop bad cop scenarios

The must be preparing all the moves for the sale.