Thread regarding ExxonMobil Corp. layoffs

@6vus agree. It's just a bunch of garbage from people that have been let go.

Sorry boys and girls, as a retiree from the Tiger, a lot of what is being spouted here on this forum is B. S. and not true. To coin an old phrase, it's Fake News. I think people are just embedding rediculous claims to further trash what little morale remains. "The beatings will continue until moral improves!" I don't believe half this sh–.

Holy sh–, talk about some brutal truths

Someone sounds a little jealous of the great leader

While your losing your jobs in the middle of this pandemic and an unemployment crisis

Your great leader

Darren Woods
His $23.5 million pay package was 135 times the median paid to its 75,927 workers. Exxon Mobil CEO Darren Woods received a 25% pay raise in 2019, boosting his total compensation to $23.5 million.

😅 don’t forget the broken glass.
Spontaneous implosion of massive glass panels over atriums, blocking building access for hours.

Or the gas leak in Sizzle. Remember that?
They couldn’t find what was wrong, and kept happening. 🤦🏻‍♂️

Lol - campus.
Yeah, and what about the capacity of meeting rooms.
Last year everyone started meeting at hotels nearby for day long workshops because the campus meeting rooms are insufficient.

And what about the projectors which fell from the ceiling, or the several that just stopped working. Didn’t they have to revamp monitors and AV controls panels all across campus?

And who can forget, the massive crack in those huge wooden tables that were flown from who knows where?

More importantly, how impractical the layouts for office space. Once the original teams were changed, the spaces were non functional. Teams had to haphazardly retrofit (on the down low) to make it work, sort of.

Which reminds me of the most id–tic things I’ve seen. The campus move dictated that people throw away stuff, so they can fit in their allotted boxes. Soon thereafter, material was needed, which happened to be thrown away. It was decided that it was cheaper to buy that lost data from external vendors than trying to recreate it.

For a company that manages risks and has an army of planners, it’s not only wasteful but embarrassing.

Since campus has been mentioned, here a couple of gems in incompetence.

• Parking garage capacity. The most FAQ at the new campus plan rollout was why there were significantly less parking spots than people. “We made studies”, was the answer. Well, as predicted by so many, they ended up having to -costly- increase capacity.

• Energy generation. A popular idea submitted to facilities is the addition of solar panels on the rooftops, especially parking garages to generate cheaper electricity and improve the sustainability rating. Although it’s cost effective, and a nod to the future, the overlords deemed it not on brand.

• And the best one: remember the botched campus evacuation? The hour(s) gridlock in all parking garages, ring road, and exits? No PIP for those geniuses. Not to mention, who builds a campus next to a creek that floods so frequently?!

Whittingham is a key figure in the history of the development of lithium-ion batteries, discovering the concept of intercalation electrodes. Exxon manufactured Whittingham's lithium-ion battery in the 1970s, the first functional rechargeable battery in the world, which was based on a titanium disulfide cathode and a lithium-aluminum anode.[10] The battery had high energy density and the diffusion of lithium ions into the titanium disulphide cathode was reversible, making the battery rechargeable. In addition, titanium disulphide has a particularly fast rate of lithium ion diffusion into the crystal lattice. Exxon threw its resources behind the commercialization of a Li/LiClO4/ TiS2 battery. Safety concerns left Exxon to end the project. Whittingham and his team continued to publish their work in academic journals of electrochemistry and solid-state physics. He eventually left Exxon in 1984 and spent four years at Schlumberger as a Manager. In 1988, he accepted the position of Professor at the Chemistry Department, Binghamton University, U.S. to pursue his academic interests.

A friend of mine working at the Baytown Refinery told me an interesting story that summarizes XOM way of doing projects. XOM was trying to fix pressing toilet issue in the Fuels North Control Center couple of years ago, I kid you not but XOM spent $170K (read again $170K) on toilet room that had two stalls regular (not gold-plated). Every Safety procedure was followed to the letter! Congrats Managers you did a great job cultivating safety culture! But at the end of project, crucial soap dispensers were missing, door knob was missing instead plastic tie rod was in place. Keyed lock was non-functional. More importantly, the toilets were still backing up with sh– on the floor! Problem not solved. This episode pretty much summarizes XOM way of doing things/projects. XOM management, project leads worries procedures more than the final outcome because they are ranked based on following procedures. It was a classic open loop control, no one tested the functioning of toilets before signing off! All the facade of Safety and following procedures is utter BS. Mission was not accomplished until the second round.

The Woodlands Campus is a monument which every XOM employee should be proud of. Yes it has avoided multiple air-trips, Ritz Carlton, and meals that was a monthly drain on the company expenses. But what is the return on colossal $6B investment? They need to sell off Dallas Head office location and move to Woodlands. What about Baytown Refinery, every little rain floods San Jacinto Street (main artery) in the refinery. Roads are full of pot holes and unsafe conditions, Sulfur stench few years ago reminded of nasty toilet every early-morning (eventually it was cleaned up). Broken water pipes, flooded toilets the list goes on! It is unsafe to drive during rainy season or else your car will be flooded! It is high time the big-wigs pay attention to manufacturing assets/location that make real money for our corporation.

No one said that there is zero tolerance at ONLY manufacturing sites. Learn to read.

Exxon Valdez was a ship in the 80s. Can you attempt to use something a little more relevant?

Yes, the Beautiful but Extravagant Woodlands Spring Campus. The secret room was created during construction with special task force! Someone said no Alcohol policy is only at Manufacturing sites, was Exxon Valdez a Manufacturing Site?? If someone is caught by bringing in up opened bottle of wine left in the trunk he/she is fired or someone big has to intervene to protect.

Management released the hounds (sls) to do their their worst while they rested easy in their mansions in spring, the heights and the galleria. I am for sure they are all going to get an extra stock bonus. DH and higher get this quarterly, regardless of the lies they spit out.

Tell me more about this secret alcohol room in the Woodlands campus. Do you mean Spring?

Another example of incompetence:

10. The electric battery, and now the new carbon capture materials. We are fed propaganda that places us at the forefront of innovation for a sustainable future. Forget about algae; we supposedly “invented” the technology that underpins the EV and now we hold the keys to sequester carbon. And what’s been done? Nothing. Managers didn’t capitalize on it, and they aren’t even trying to do CCS.

They think by repeating mis characterizations, magically problems disappeared and a sense of pride emerges. They are wrong. The waste is pitiful and the cost of opportunity lost is unreasonable.

There is a zero tolerance alcohol policy at manufacturing sites. That is not entirely true on campus.

Can this explain why Exxon bid 10 times higher than next bidder for Brazilian Block of Oil!?

There is no Alcohol policy at Work, Zero tolerance, proud of you Exxon Mobil for taking a unpopular tough stance on the issue. Can you explain what is the purpose of secret room in the Woodlands Campus that stores and serves Alcohol to select few!

Considering the current state of the country it takes a real low life to laugh at anyone in hardship. This is the quality of has been promoted lately at XOM.

To the upvoted comment below - you are probably a manager for EM or XTO - and according to Bloomberg article the VP said Managers are next to be cut. Your turn next, you must be scared. It’s coming and you are on the list this time. We will all LOL when it is your time. Even those still left reporting to you want it to happen to you and are waiting for you to get let go.
Keep stalking & creeping on here and trying to put those down that got laid off bc it was a lay-off. Call it what you want because it makes you feel so powerful. And again, you keep proving it’s personal and not professional reasons people got let go. Your are wearing this horrible act as a badge of honor until it happens to you. Your # is about to be called and we all can’t wait to
see you go & slither away for the snake you are.

The first Brazil tender bonuses and bid offer. Whoever calculated them (or pushed for them based on their “judgement”) should have been canned.
Exxon offered 10 times more than the next bidder in the 2017 round when we were awarded the first new pre-salt blocks.

The folks in divestments, they were supposed to harvest $15 billions and high grade our portfolio. Given their valuation, they have not sold jacksh!t.

And what about that id–t who exposed the corporation to litigation by emailing about disparities in the cost of carbon (two sets of numbers) when he was a planner in Dallas. He’s now a manager. And the litigation costed millions of billable hours.

There are plenty of examples of projects which crumble after one of these dumb–s3s with a rocket is elevated to his next learning experience. The trail of accountability never hits them. The “brutal truths” exposed glaring mistakes and even mismanagement. But we were told to look forward, that there wasn’t anything to gain by pointing fingers.

The upvoted comments are by disgruntled exxon employees lol. All the downvoted comments explain the harsh reality these folks don't want to accept lol. Enjoy looking for new jobs.

Are you saying there are no problems at XOM because of due diligence? You are dead wrong, you just have to read more with unbiased mind. It would be wrong to quote examples here as the investigation is still not publicly disclosed. Often engineers are assigned on project due to fat benefits solely based on who knows whom and race, as opposed to who is best qualified for the job! This is the root cause, you can hide it all you want. The argument against non-white experienced engineer is "others need opportunity". Most of the job is done by contractors not the XOM engineers who are busy among other things keeping the supervisors happy. There are too many examples I have seen even starting with small migration projects.

Slow and steady wins the race. There is zero reason to rush things and miss big problems that can arise. If your argument is only, exxonmobil couldn't see the future and it was slow when economics changed, then you are in the wrong business....

https://www.goldenpasslng.com/ You are correct on Golden Pass v/s Sabine Pass, but that does not change $$s spent. The project execution was very slow, typical XOM.

Wrong on number 4. Part of the stock buybacks are to prevent dilution from employee 401k match and the RESTRICTED stock that anyone from CL 26 and up can get if they are high performers. XOM doesn't grant stock options, just restricted stock.

On number 1, after Golden Pass(not Sabine Pass, that's a Cheniere project) was built, the market changed and the US became a net exporter of LNG. That's why it was converted to an LNG plant, as opposed to an import terminal. XOM owns 30% of Golden Pass, so it did not spend $10 billion.

Everyone already knows all these. No, you're still not getting your high salary engineering/technical position. Move on and start looking for alternative jobs. A lot of people in EPC companies experience this more frequently as they're not big oil. Maybe this is your first employer so you feel this way.

I must say I have the highest regards for the Day Supervisors/1st line supervisors at the Refinery and Chemical Plants. They are extremely knowledgeable and command respect among all. Exxon needs to get rid of lip service BEOs and couple of layers above. Keep it to the basics: Complex/contact engineer, application engineer, and Day supervisor/1st line coordinators. Anything else is a fluff and overhead and may be 2 or 3 BEOs for the entire Refinery Complex who can report directly to Refinery Manager directly.

Woah! To give Darren Woods benefit of the doubt. He may not know these too. Sounds like good content for media.

Unlike other O&G CEOs Exxon Mobil CEO is never present at the Qtrly Earnings Conference and to face the Analysts. That shows clear lack of openness and accountability.