Thread regarding ExxonMobil Corp. layoffs

Are most people on here from refineries/plants or corporate? I feel like it mostly refineries/plants from the comments on the the posts.

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Post ID: @OP+188vybdz

13 replies (most recent on top)

I agree...Woods is about the Downstream. So your post below is correct.
CEO is Downstreamer, who destroyed the Upstream (where we make money and create reserves), by re-organizing the Upstream into Value Chains (great manufacturing concept, but little applicability to how we conduct business Upstream) and then turned off all future growth projects to preserve a dividend. By the way, if our shareholders demanded and appreciated that dividend preservation, why is our stock price lower than it was 20 years ago? So F&L gets a small haircut, but bulk of cuts are coming from Upstream.

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Post ID: @2bdf+188vybdz

I know many from Upstream (in Spring) posting here.

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Post ID: @2fla+188vybdz

p&ga is definitely here, they are tasked to monitor the situation, then report to management.

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Post ID: @1dgz+188vybdz

Vastly office based people here

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Post ID: @cxq+188vybdz

@xjm+188vybdz The 8% unethically pip’d you mo–n while people in the good ole boys club wasting company money on their pleasure trips got to call it.

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Post ID: @ouo+188vybdz

Upstream - Spring

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Post ID: @rfa+188vybdz

Who says Mechanical is safe? During PIP process I know 1 site was nailed, but while they increased SLS for GRS and hired FLS for future units, they cut massively in Mechanical to basically offset the FLS they hired!!!!

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Post ID: @pqm+188vybdz

From everywhere actually.. the 8%that we piped the hell out off and remained sour till today.. sad..

I’m only here for entertainment..

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Post ID: @xjm+188vybdz

CEO is Downstreamer, who destroyed the Upstream (where we make money and create reserves), by re-organizing the Upstream into Value Chains (great manufacturing concept, but little applicability to how we conduct business Upstream) and then turned off all future growth projects to preserve a dividend. By the way, if our shareholders demanded and appreciated that dividend preservation, why is our stock price lower than it was 20 years ago? So F&L gets a small haircut, but bulk of cuts are coming from Upstream.

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Post ID: @gzs+188vybdz

Upstream.

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Post ID: @xzz+188vybdz

EMDC

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Post ID: @krt+188vybdz

Only process and mechanical is "safe". F&L engineers at site are still ~15-20% of site engineering personnel. I wouldn't call that "safe"

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Post ID: @snn+188vybdz

Agreed, which is ironic since they're safe.

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Post ID: @hch+188vybdz

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