I’m not buying the sob story of the poor widow dividend investor who we need to keep our promise to. Sure investors depend on the dividend but no consideration to employees who depend on their paycheck? How about both give a little not just employees.
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“Poor widow” is Darren Woods code name? He is merely benefiting more each quarter dividends are paid! Poor window that has loss more than 60% of her share value.. praying that this is only a blip.. continue hoping..
And they still are. We just don't need so many of them.
People are our “greatest” asset
Do you think woods cares about the little old widow? He only cares about himself.
Sack the staff and increase debt so that the execs can get their dividend payments. A business model that cannot continue long term. How to keep moral high with your current staff who will now be wondering if they will lose their jobs when the next quarter is as bad as this one? I wonder if there are any overpriced fracking companies we could invest in?
Because employees are commodities.