Let us know if a second round is coming.
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SA should move towards uniform pay and lay-off all dead weights to bring in more young and energetic Saudis...any one who thinks otherwise should go home. I’m NOT a Saudi but believe nation ought to seek for her citizens welfare
Oh it’s a coming, thick and fast!
They’re bleeding cash at an unprecedented rate due in no small part to their thicker than treacle management, who, lets face it, couldn’t manage to feed themselves without an expat!
Rather than look for efficiency and the resultant cost savings it brings, they slash and burn for short term gains, at the detriment of long term growth and stability.
As it’s their business, let them do as they wish. I for one am happy sunning myself overseas, sipping mojitos on a white sandy beach all funded for by the cash I took from them by the barrel load.
Can’t wait for the next round of screams that the expats they laid off were to blame and how it couldn’t possibly be their own fault, they are after all infallible!
If the company lays off Saudis, then the government has to pay for them. It is a net zero equation.
Company continues expat lay-offs.
Is the company done with laying off expats and started exit packages to saudi’s
20k layoffs were mooted and discussed by SA board members to Bloomberg and press in Dec'19,for 2020, along with cuts in capex and JV's etc so was not a surprise, as employee numbers were above other oil majors.
Until SA have competent management nothing will change.
PMT made cuts this week. Expats and Saudis I believe.
There was a guy that made a detailed comment about big expat layoffs coming at the end of August, September and November. Claims it was from a reliable source within the company. The post only lasted one hour before it was taken down. It is not clear that verifiable information will ever come, but any talk of layoffs or Corona are strictly prohibited by the Company. Somehow they find out and call the expat and his spouse on the carpet for sharing information. Bad news was always so secretive when I worked there many years ago. I miss the place, but not everything.
Can someone confirm if a second round is coming and when
Too many trolls, disinformation, and lies. Good luck Aramco.
They would have laid off all the expensive expats years ago but there was no Saudi-built banquet hall to gather them in
Now they can only gather them in banquet halls when there is no rain because if they don't the roofs will leak and the building will flood like the "King Abdulaziz Center for Saudi Culture" the fantastic Saudi only project in Dhahran
Even King Salman drove by and kept going hahahahahahaha
They could save millions if they would eliminate all the corrupt IT projects going on. The Company has spent hundreds of millions of dollars over the years on new software projects, with nobody even using the software. Purchasing is the worst offender. Think of all the jobs they could save. How much software was developed and never used? Is it all in the trash heap? How many jobs could be saved? Where is the accountability?
What about IT any one knows what’s going on there
Why don’t they just close down the purchasing department in Houston? Those folks are very lazy and do not add any value. ASC should change it’s acronym to ANSC (Aramco Non-Services Company).
It looks like they forgot to lay-off the really bad expats; but the company is in the process of cleaning house for the balance of 2020. During the 80s, the Houston office called a large group of employees into a packed auditorium. All employees invited to attend were locked out of their offices and told to leave the property - they were released from employment. In the Kingdom, they will need to lease a banquet room to get rid of the lazy expat labor they still have.
Before the Company went from CRTs to real office automation with real computers, a lot of expats hid behind file cabinets when the boss came around to ask them to work. Hiding from the boss became a little harder with computers, which now allowed them to look for vacation deals all day and view dirty videos. Some of the expats were drinking that “sid” all day at their desks. Others learned how to sleep all day, sitting straight up. It is amazing that they paid for all these clowns.
Many of the expats held themselves up way too high on the food chain. Before I came to the Company, I had been laid off or outright fired for cause at numerous jobs. The Company pulled me out of the trash heap and hired me. I git right in and started up working hard like a gang buster. After a year or so, I ended up just like the other expats; not worth a doggy pile. Working with extremely lazy and incompetent expat coworkers, I learned to keep my own loathing of work to myself.
I wish I was still there. Why did they have to can me? I know that I would take an all afternoon siesta at least once a week. A lot of expatriates were doing it. Nobody cared for years. Sometimes I would have a driver take the family and myself to Bahrain, calling it a short workweek. Other than “Milking the Horn of Plenty” for a few decades, I cannot understand how I was singled-out in my department. I wished that I would have saved some money. What happened?
Comical, you people and your rumors - some things never change.
2020 layoffs are going to continue on a grand scale. Benefits cuts will follow with a freeze on the hiring of US expats. Do not plan a life or career in the Magic Kingdom, as the party really is over this time around with Micky & Mini canceling their honeymoon.
Received a text message that a 7-year employee just received his 3-month notice that he was laid off. It has started.
It looks like Workplace Social Darwinism among the surviving expats may take place, as large layoffs are looming in the very-near future. It’s going to get vicious, maybe even violent, amongst theirs on the U.S. payroll. May the biggest beer belly win.
There is a GC 15 consultant holding a British passport on the US payroll; with a BA in Photography (no masters) working in PSCM. Apparently, he came over from ASC. It is amazing that they cherish such unqualified expats, paying top dollar for, what?
They really need to hit PSCM and VID really hard, as a ton of fat needs to be cut in those two areas. Both areas have people with no job skills and their experience does not justify their grade codes. Grade codes 03 - 10 would be a better fit for the people within these two organizations.
Layoffs are tentatively planned for late August, September and Mid-October 2020; with strategic cuts to the larger organizations within the Company. Hold onto your hats everyone, as it is really going to get ugly.
I am sure that they are currently building Schindler’s List for year-end 2020.
If Aramco history repeats itself, they like to let people go before year-end. I do know that a big lay-off occurred at the end of 2016. It ruined a lot of the Christmas break for some expat families. It was sad.