Saudi Aramco Layoffs

Topics regarding layoffs at Saudi Aramco

Global Payroll Severance Buyout?

I heard a rumor that Aramco will be terminating the severance pay that we are supposed to get. Everybody would get paid out for existing service, but nothing would be offered from that time forward. Any truth?

IT

Does anyone have any idea what will happen to expats IT in the next few months/years? Lots of rumors about complete saudization.

Slump in Aramco bonds

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-04-18/hype-meets-reality-as-aramco-bonds-drop-after-unprecedented-sale Investors are already dumping Aramco’s bonds If only we had gotten the opportunity to short that IPO....

My area is really going to $h^t

Hi Everyone, I figure that if I can't transfer, its time to go. However, there is another area under a completely different Senior VP who wants me. Conditions there seem more sane. Other people from my department have had their transfers blocked. HR... read more

Lay offs in lieu of IPO?

A lot of rumors going around again in light of the Sabic deal recently. I work in Aviation and have been dealing with privatization rumors for two years now. The impact it's had on me and my family has been quite stressful to say the least. Unlike... read more

What happens to Chemicals now that we own SABIC?

Aramco has long struggled with downstream, period. Chemicals in particular. Just look at SADARA. SABIC might not be all that, but its pretty safe to say that they have done better than Aramco. It would make sense to let the SABIC folks run the whole... read more

Saudi Aramco Technology

Our technology folks are id--ts....we need some new blood and more creative thinkers....This place does not know its top from bottom.

Aramco US saving plan 50% savings

just looking to find out if others have made the mistake of having too much being taken out of their paycheck for the US 401K plan only to learn the sup. saving plan is taxed at 38%. A fellow co. worker did this and after 23 years of saving found out... read more

10 years with aramco and pop is always m

Hello been with aramco for ten years and have a pe And a master degree. Every year my pump has always been “m” but, the can’t tell me why. Has this happen to others? I am an expat

If you got laid off and found a new Job

How does the overall package at your new employment compare to Saudi Aramco? Benefits? 401K? Medical? Pension? Housing? How do the working conditions compare? Working Hours? Commute? workplace communication? performance reviews? co-workers? career... read more

CRM

Stop spreading rumors. The layoff CRM request was closed on time and was handled correctly. It was simply rejected over and over while it was bounced from department to department because nobody knew which group was supposed to do the work. So it... read more

We used to be on the same team

I wish we could go back to the way things were. We used to be on the same team. Now it’s nothing but animosity and I don’t see the reason for it. Within aviation, the Saudis are great. Someone mentioned their skills and attitude and I have to agree... read more

Slow trickle of layoffs

A few in layoffs trickling in still, power systems and some finance.... I guess trying not call attention to it. Seems, ARAMCO still not recovering. I am sure someone will debate this with unjustified enthusiasm.

SA Expanding in The USA

Get ready... https://www.reuters.com/article/aramco-usa/saudi-aramco-looking-for-opportunities-to-expand-in-u-s-over-10-years-idUSD5N19L01U

We are on a good way to recovery

Uncovering corruption and scandals in Aramco is good for the success of the IPO. The young Crown Prince is a smart man, his move to bring transparency into the oil giant will put so many of the low and mid management staff out of business. However... read more

Life in the camp is more of a prison

Leaving Aramco or getting laid off starting to feel like a relief, after spending years here, you come to realize that life in the camp is more of a prison than it used to be. Aramco security starting to harass residents. Issuing violations like... read more

IPO is off

another screw up by the saudis...did anyone expect anything else? HAHAHAHAHA! what a bunch of negative IQ'ers

Lay offs

I think every expat employee has lost his/her comfort level in this company.

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