Any predictions on how the cuts will occur once the "study" is completed? In particular, will a flat target percentage be given again or will a more surgical approach be taken with different targets for different skill sets and business units?
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My guess is layers of supervisors and managers that don’t have a direct impact in the work. More from campus than anywhere else. It’s probably a coin flip if they do voluntary layoffs first.
I don’t see them waiting until next rating session it’s to far away. I’d say at least 25% by end of year.
I've already posted this but after corporate plan which is in November. Happy holidays from EM to your family!
After Nov 1st b/c NC said they will take the plans to the board in November. Hw3 has been going on for some time, wouldn't be surprised if they already have the new organization (e.g. who would go) and are waiting for the rubber stamp. Probably would aim to wrap up by year end, so yeah, Thanksgiving, Christmas, just in time for happy holidays, but what did you expect, #wearexxonmobil after all
Likely you will get a call in Christmas day saying that you are going to be let go. This is the least painful way to rid the company according to our leaders.
Any predictions on when the cuts will be announced? Nov 1?
Like politics, it is mostly local within a couple levels.
Nothing related to skills or skills needs.
But, as in politics, it is all accrued over a designated period.
And then - Wham! - guillotines all around you.
One big cut - not a thousand.
More like #WhoIsYourSponsor
In the past they have announced the new organization and top management layers. After that these managers identify the next level of management. These managers will quickly identify the people they need in their organization. HR will run a algorithm to make sure there is no issues with race, s-x, race, age of those being let go. Once the managers are given the ok, they will start notifying people who are staying and those who are leaving, it will be very quick and impersonal for them, but very hard for the workers. Then you rebuild and everything gets better.