What are everyone’s predictions?
16 replies (most recent on top)
Since yesterdays announcement, my prediction is - upstream and downstream to grow in head size but functions to take a hit and reduce workforce, that would include technology, HR, legal etc.
Meg wants to make it an appealing OIL company so in a few years the competitors can take it… it’s likely she knows there are deeper issues at the c suite level - those MF won’t leaving till they will be forced to.
@eq EE has no chance in he-l…Google XOM God pod and see if EE fits the mold
@em EE got a wider remit and GB goes in two years. EE goes into that role the ceo.
Meg does not like darker skinned people it’s part of her XOM heritage when she was an ice queen in the God Pod
@an lol, no way ee over gb
@an GB survived EE gets run off. Meg is not too keen on African backgrounds
Everyone goes. No demotions-- that would be silly. No one knows MO well enough in a few months to be kept around if they can't do the job as is
What about the 1600 layoffs that AM announced during his exit interview…
GB gets sent to Pune India or Rio Brazil a reward for good work
We’re all gettin fired
@a3 EE gets upstream. CH downstream including supply and trading. KT CFO. AF gets operational excellence and technology. KD takes a step down as we’re not big enough to have that as a C role. GB gone.
Adding a minister of Simplification as an EVP.
@a4 GC is currently an independent director of Schneider Electric. Our thoughts and prayers go out to them.
@a2 You'll be wanting to bring back Strategy Mastermind, GC, next. LOL.
@OP Under the new model, the top tier shrinks to 4–5 true decision making roles:
CEO
Deputy CEO
CFO
EVP Upstream
EVP Downstream
Everyone else — including People & Culture, Legal, Technology — becomes second tier.
This second tier will no longer be “EVP peers” of the business heads.
They become supporting functions, not strategic decision-makers.
This is exactly how Woodside is structured as move from executive power to functional service with reduced scope, less SVPs, smaller teams, and less strategic influence.
Bernard Looney for upstream
Tufan for downstream
Replay