The 2 new board members will be the scapegoat for the upcoming job cuts and further acceleration of job outsourcing US roles to overseas.
Former Comcast CFO will push for this, and we all lovvvvve Comcast.
Be prepared, have a backup plan.. this round of cuts will not be as severe but will continue.
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Comcast?
It just keeps getting worse at Exxon.
Whine we is in the compensation committee of that Board and approved extra money for the biggest loser DW deserves the boot.
More sycophants are the last thing this struggling dinosaur needs.
So much for diversity and inclusion. More Woods puppets collecting their Board salary and stock. As many have mentioned on this forum, more job terminations on the horizon. If you are young get out whenever you can, there is no long term anything left for our company, excepting of course the executives, VPs, presidents and god podders milking us all until there is nothing left. Tillerson was a disaster, Tillerson picked Woods, therefore Woods is a disaster and he and his minions prove it every day.
Company was planning prior to COVID to cut US workforce by more than a third. COVID just accelerated plans. Cutting is far from over. Get your exit plan. Leave on your own timing. Don’t wait to be caught surprised when they no longer have a job for you.
Which groups will these cuts target?
That new Comcast guy will be poison to the company, xom will be the Comcast of the oil majors