Thread regarding ExxonMobil Corp. layoffs

XOM vs GME

Today we witnessed high powered GME surge in stock price greater than our XOM. Not sure if this is the end of oil, but used game company that was allegedly on the ropes has XOM beat. Can’t touch their solid dividend, motivated investors, casual dress, 401k match, and tuition reimbursement.

Makes me think about jumping ship, should I do it?

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Post ID: @OP+196gD2Q1

20 replies (most recent on top)

https://www.google.com/amp/s/www.cnet.com/google-amp/news/reddit-and-elon-musk-sent-gamestop-stock-soaring-why-amc-and-blackberry-are-next/

Soon to watch GME fall harder than XOM

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Post ID: @1uie+196gD2Q1

How do XOM employees have time to post on here? Shouldn't they be creating shareholder value? Shouldn't they give every waking moment and second to a corp that doesn't give 2 sh@ts about them? When earnings tank and XOM chop heads? I mean sign me up for XOM!...oh wait...I have a sense of my worth in the market...NO THANKS!

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Post ID: @1eoh+196gD2Q1

@1dem+196gD2Q1

What does that have to do with anything aside from identifying yourself as being a dumb sh–? A used game company is totally not worth the stock price. When stock gains because of a tweet from Elon Musk, you know there is something wrong there..

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Post ID: @1qya+196gD2Q1

WSB is kinda cringe ngl.

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Post ID: @1xxc+196gD2Q1

@1dzw+196gD2Q1

Or back to below $100. Take the gamble! Anyone who believe this bull run is anything but a bubble is a mo–n.

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Post ID: @1ubm+196gD2Q1

@1kuf+196gD2Q1

There are too many narcissists and psychopaths in XOM who don’t like the reality that there are other paths to financial freedom besides spending 40 years at XOM.

20/30-something multimillionaire investors infuriate them because we won’t waste our best years in a toxic work environment.

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Post ID: @1gym+196gD2Q1

So many execs bragging on a layoff site. Just shows XOM is stacked with tone-deaf psychopaths who don’t do real work. No wonder XOM stock has been stagnant for a decade.

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Post ID: @1sox+196gD2Q1

@1gcy+196gD2Q1

There are these new things called brokerage accounts. Look it up. Not sure why you keep getting confused by the fact that there are other ways buy securities besides a 401k. Perhaps its difficult for you to think about anything besides a 401k considering yours got wiped out this year. Keep working hard though. Maybe you can make all of that money back... one gift card at a time.

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Post ID: @1kuf+196gD2Q1

String together 20+ years of exec bonuses (cash and stock) even at say mid-exec CL 32 level, and you invest it wisely, even in index funds, with compounding you will be very rich at retirement age. Not that hard to pull down $300-500k annually in incentive comp. Even buried in the back yard, that’s $6-10 million over just 20 years. Even $100k annually invested wisely can grow to $3-4M. And that’s still well below VP level. Why do you think execs hardly ever leave EM? Salary and incentive comp is outstanding for those smart enough to earn it. Call them whatever you want, who cares when sitting on a giant pile of wealth.

And you say EM doesn’t even offer bonuses? They do, but not to you, now or ever. Now go play with that imaginary 401k account and pretend to get a margin call. LOL

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Post ID: @1gcy+196gD2Q1

WSB is def coming for $XOM. The threads are lighting up. Blood in the water. @1zlf+196gD2Q1 you should apply to $GME - I hear they are hiring. Also margin is for traders, you don't get margin called when your position is up Einstein, but then again I am taking to an XOM employee. Enjoy that performance bonus! I mean $200 gift card...

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Post ID: @1mmi+196gD2Q1

Waah. Waah. There are so many EM employees and annuitants that easily have millions stashed away that it isn’t even unusual. Lots of mid level execs north of ten million. Just have to be made with smarts and toughness to grab it. And we are.

And yes we all know what a margin account is. Personally I have no need for them. That’s a small man’s game. But I wouldn’t be bragging about it because you would have had some serious margin calls over the past few months. LOL. Just proves you don’t even know what they are. HeHe

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Post ID: @1zlf+196gD2Q1

Looks like there are some die hard XOM hardo's in this thread. Unfortunate to see people throw their life away to a corp run by petty exec fools who will do whatever they can to keep the stock price as high as possible in the short term + keep raking stock bonus. Weird how the grunts in the trenches get the squeeze, but the fat cats in Dallas get the juice. Why can't current employees be able to tell that Darren + henchmen are on the spectrum - beats me. Obviously those on the spectrum can't tell each other apart, which is why XOM has employees...

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Post ID: @xqv+196gD2Q1

GME soon to be the next nikola

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Post ID: @ios+196gD2Q1

@qpu+196gD2Q1

Robinhood account? Seriously? It even advertises as being for investors who want to "learn by doing at low stakes". It is a very limited platform for minnows and guppies. No one with any serious money would bother with it. Must have been your carryover account from high school or college. LOL

BTW, they don't even allow IRAs or 401ks on their platform, so don't be bragging about your 150% holdings. If you think you really have a 401k there, it must have $0 in it, because it can't exist. Haha

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Post ID: @tqq+196gD2Q1

Yes, yes everyone buy GameStop's stock and immediately go to work for them. Please. LOL

GME was, and still is, a company with huge problems and likely approaching its end days unless it can reinvent itself. The recent price surge was driven solely by an internet fluke that caught short sellers off guard, made a few people very rich, brought financial ruin to others, and mostly tricked many, many people into buying GME thinking it was suddenly a miraculous value play. They too will be left with a huge loss when this stock settles back to actual value. A pretty remarkable manipulation of the market. Some analysts are predicting a drop of 90% from recent highs.

If you haven't learned this by now, you are probably beyond help, but don't believe everything you read online, including here. Not a good place for career advice, as shown by the accolades for GME.

Final lesson for all. If you short a stock, you are theoretically exposed to unlimited losses, so be very, very careful. Options trading is for the experts, and even they sometimes get hit big time like happened with GME.

But for all of the EM haters, if you are really so sure the company is on its death bed, short XOM stock, you will be fine if right. LOL

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Post ID: @chz+196gD2Q1

It's true... GameStop has a better 401k and pension plan ExxonMobil. I have my final round interview with GameStop later this week. The benefits they highlighted thus far, definitely exceed those at ExxonMobil, plus the pay is much better. I'll keep you guys posted on how it goes!

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Post ID: @ydc+196gD2Q1

#ToTheMoon

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Post ID: @gql+196gD2Q1

Culture so toxic the Gulf of Mexico wants BP back

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Post ID: @hot+196gD2Q1

XOM is a dying company and the culture is TOXIC. What company pits you directly against your peers so that teams are useless and no cares about anything except themselves. They use to carry weight in the industry, but now people laugh (they laugh really hard). I mean no bonus and work hours that are worse than gulag prisoners...the best part of working there is when you leave - either in a body bag or when you have a flash of sobriety and see rationally - thus leaving XOM and saving your mental health, personal time, and most of all...happiness. YOU HAVE BEEN WARNED.

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Post ID: @aps+196gD2Q1

How can the people with aspergers on robinhood help GME recover their stock price, but the people with aspergers in Dallas can’t save Exxon’s stock price

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Post ID: @slq+196gD2Q1

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