After seeing how XOM treated their employees. Good employees. I have lost all interest to work hard for this company. When not in meetings, I am using my time to find another job or take training courses to help me find another job.
It’s time to leave this company before it takes us all down with it.
21 replies (most recent on top)
yikes. good luck.
to all others reading this, please be very careful. be ready to walk away from the job if you see this type of hubris.
this is literally how people get injured.
Engineers keeping people safe! ROTFLMAO!!! That is a good one! Have you even been to the field? Do you realize the people working safely are totally laughing at your a–!
i dare you to go into a room full of engineers running the HAZOP for your unit and say exactly what you’ve just written.
i’m assuming you even understand the work that goes into making sure you go home safely.... sad....
If it's so bad, leave. EM will not suffer with you gone. Not one bit. Find an employer who does not expect workers to contribute and earn their pay. As long as workers can be sarcastic and whiny, they have found a home. You are not needed here, so why stay? Seriously, man up and resign tomorrow. Got it in you, or just a blow hard hiding behind a post?
You have shareholder approval to leave now. Bye bye!!
There will be additional cuts in 2021, this time in Manufacturing. In addition I expect 5% NSI out of which a sizable minority will survive.
Yet, there are good reasons to leave anyway. There will be supervisors going back to contributor roles but by definition they will be ranked higher. There will be fewer opportunities for advancement for a few years because there will not be many positions (unless you are in the selected few). There will be very small raises and the promotions will be limited as well.
2021 will be a better year - we will likely return to limited profitability for a couple of years. But money will be tight anyway and we will be hit with the coming energy transition tsunami. Although by 2022 we will decide that we have to do something, we will not have capital to spend because we will have our money commited already to fossil projects.
@1hdv+18lDDnEp - Your post holds some truth but I still think it’s risky to stay long term at EM. Even if you’re a high performer you can be let go. The longer you stay the less employable you are to the external market. I’d rather work at 3 different companies over 10 years, then get laid off vs 10 years at Exxon then laid off.
asking your engineers to “do a good days work for a good day’s pay” is a fantastic way to burn down a site.
the fact that your 80 hour weeks will be forgotten the second you are fired is not a good motivator.
Op, EM is paying you a very high salary with excellent benefits. Only 15% of the workforce will be eliminated over 2 years, with many of those voluntary and retirements, so while the impact is tough for those directly affected, but the vast majority of employees are safe. Although painful, this is not really much of a layoff considering the company has lost 60% of its value. The cuts could be, and probably should be, a lot deeper.
You are allowed to work from home and provided all of the resources required to do so. When returning to work, you have a nice, well equipped modern office to sit in. Opportunities are still available for you to advance at EM if you have the skills and desire. If you plan to leave, EM will serve as a nice resume builder despite what you hear on this site.
EM has never been an easy or fun place to work. There may be a better fit for you elsewhere. But in the meantime, look in the mirror, take a look at the nice house and vehicles that your family has, the nice and secure neighborhood that you live in, the health care you have that will take care of any medical issue you or a family member could possibly encounter, the 401k that is growing, and from here the long list continues.
And then see if you really have it so bad. If so, leave and take your chances elsewhere. Why would you stay? Or, if you find that despite the challenges and difficult current times, EM offers what it takes to have a good life for now if I find my happiness outside of work. Then be grateful and appreciative of the riches you enjoy and do a good days work for a good days pay. And if you stay, don't keep whining and complaining. It's not helping you or anyone else.
While GE sank because of bad business decisions, it never had a fat structure since Welch. XOM could sink (or is sinking) because of both.
Then leave. Nobody wants to hear your sob story.
Completely absurd. Do you not understand how your dividends are created? Off the backs of hard-working individuals. If OPs mindset is a subset of the greater population (which it most certainly is) your precious dividends are at risk.
Good for you. Find that job and put XOM in the rearview mirror. I have found a lot of people wait around for some great severance plan, but that has be proven to not be the case at Exxon. There has been so many laid off this year that when oil hits 50 smaller companies will start hiring. I know one company that is putting together their 2021 employee budgets now, and new hires are in the budget. Working at a small company sometimes can have more security than working for an XOM.
Hi OP, are you me?
Anyone else planning on leaving in January? I know it’s smartest to only leave with another job lined up, but my workload has increased so much that I no longer have time or energy after logging off to really put a solid effort into searching. I’m fortunate to have enough saved where I’m fine being unemployed for a while if needed. Just want to see if we should expect mass attrition once everyone gets their 2021 vacation.
AT&T, GE, Lucent and now EM. Examples of dinosaurs too slow too adapt and they lose their greatness. Still provide society with did basic service or commodity Meh, who cares
Well said OP
Darren Woods and team doesn’t want you here as well.. be gone!
Hurry up and QUIT...More Dividends for me
LOL does GE even have any physical offices left?
With the loss of benefits, total compensation for most employees is lower (this does not apply to the executives that just gave themselves a great big stock bonus) and with the lower compensation the workload doubled or even tripled. This equates to even lower overall compensation. The added stress of the toxic environment isn’t worth it anymore.
Give it a decade and exxon will be the new GE. The world still needs whatever the hell GE makes but I doubt anyone outside of its employees are impressed by seeing "GE" on a resume
https://www.bloomberg.com/graphics/2019-general-electric-rise-and-downfall/