Thread regarding ExxonMobil Corp. layoffs

@1vvc - of you think 12 weeks salary for up to 10 years service is insulting, how do you think I felt about getting 12 weeks salary for 32 years of service, back in July ? THAT was insulting !

OP

Look up the term: “Stockholm Syndrome.”

You are an exemplar of it (or a member of XOM HR).

I would just suggest comparing the tone of this board to the tones of other similarly situated companies. I have reflected on why this board is much angrier than the others... and i firmly believe that is mainly the fault of leadership.

No one cares. You were part of the problem too! Thanks for leaving and your contributions.. worthless..

I would agree with you, but I have seen too many people driven out through pips, horrible management, and a needlessly cut throat environment. Those with superb technical skills are often overlooked and yes men & brown Midwest are favored. We supposedly hire the best & the brightest and then don’t even bother to listen to them.

The company I joined felt like a good and collaborative place to work. The company that dropped a PIPoff on so many undeserving, longtime employees is one I can’t see anyone being proud of. Nothing honorable or ethical about the Big E. Every one of our competitors treated their downsizing with a lot more openness and class than EM did

The involuntary package for those worked less than 10 years (12 weeks of pay) is insulting. The executives take no responsibility. Two years ago, DW said his pay is lower than his peers in other companies. XOM market cap dropped over 60% during his tenure while CVX felt less than 40% during the same period. What should he say now?

I’m not and xOM Employee but worked in other majors. Seems to me as an outsider the culture is hush hush. I heard that the first time the company really was tested for collaborative working was covid. Is Exxon going to implode ? Seems there are lots of things we don’t know and that’s all coming out.

@1mhe+17FWTiH5 Agree I am also aware of the s-xual misconduct coverups.

OP - you are either a company stooge or an id–t.

Lol at all the PIPs talking about fair severance. This severance package is like 1.5 weeks per year of service. Those PIP'D and taking the PIL likely got higher payout than the ones currently on the chopping block.

Why does any company expect gratitude from its employees? Yes, management needs to make tough business decisions, and it’s a business aimed at profit, not an ethical charity, but it’s also a business for the employees, who are paid remuneration set by the market (in principle) for their work. Management keeps repeating that nothing is owed, but the employees also owe no more and no less than their services for wages paid. Management gives negative feedback, and now receives it in return. So why their sense of entitlement?

Sure, hope you will be proud with 3 months pay and COBRA @ 102% for 3 months.

Sounds like an article written by corporate communications.

It's a scummy organization, and that comes from management, and those desiring to enter that realm. Own it for Christ's sake....

Very positive post and nice sentiments.

But you might feel differently if you were one of the 1600 who were already laid off via bogus PIP, like I was.

That may be the case for you but I had a family of Exxon engineers and we experienced that company do horrible things (from covering up s-xual misconduct to nepotism to horribly unfair “performance” reviews aka contests of who can kiss a– the most) so... I’m going to have to disagree. No part of me is glad or proud I was a part of that organization

Overall, a nice and thoughtful post. The Company is certainly having to make tough decisions. A tough but fair decision would have been to treat the 1600 NIs with dignity and provided them with a fair severance. The Company chose not to do that. Nevertheless, I hope things work out for you.