Let's face it, our future consists of falling profits and accompanying constant layoffs to compensate for those drops. Even those who might consider themselves safe right now will no longer be in that category three, four or five years from now. This place has no future and neither do any of us with it. Just remember that and don't pass up any opportunities to leave if they present themselves.
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Anyone on LinkedIn knows the workforce is actively disloyal by now, and companies that commonly hire EM people (yes, including Big Tech) know they have the luxury to pick and choose the best candidates, leaving mediocre and poor performers that made it through the PIP/involuntary programs to “run” the company.
Mgmt committee won’t shift to AP for sure. Why will it? The workers are be controlled from afar. There’s no reason for the kings to shift to where the peasants are.
Look at XOM career website and you will know where the jobs and future is which is def. not NA or Europe. I wont be surprised if executives and mgmt. committee would shift to AP in future.
@mna+1a749W6N wow DWs dog can speak too now? Must be fed well and become fat to bark at all like DW.
Everyone knows this....
People keep going as long as the pay keeps coming in. At a certain point, relocating for a job and all the stress that comes with can keep people where they are uncomfortable. People forget we spend. Most of our time at work.
It might be you saying bye, don’t be too comfortable.
I think OP is not a good fit for this company.
You are the weakest link. Goodbye come July!
Clown = Darren Woods. Cut the diseased tree to save the company and others. Otherwise, grandma will lose her dividends.
@sdg+1a749W6N - Doofus do you even know what are you puking? "the weak ones tend left behind"? Seriously! Majority of the folks that were forced out were good, hardworking, talented, and well ranked folks. It is id–ts like your self and skillless managers that should have been let go instead. It is people like yourself that has brought the culture of the company down and have no sensitivity for others at all. Sick!
This slightly older post seems appropriate here:
Well, let’s see.
- The oil business (especially the upstream) will be contracting during the next decades
- EM has instituted a new system where the employees’ careers are a mix of musical chairs and gladiator games (commonly known as Hunger Games)
- Unlike any other time in decades, the technical employees’ careers are curtailed to 20 years of service or age 50, by layoff or PIPoff, because past that point the employees become “expensive”.
- The pension benefit has been cancelled in practice, as “regular” employees are systematically stoped from becoming RE or even NRE. Effectively retirement will be limited to “leadership material”
- Technical training is limited to online courses and the opportunities to learn from highly experienced peers have disappeared just like those peers themselves.
- The ranking system, a perennial sore at Exxon and ExxonMobil, has been totally debased by targeted NSI ranking to eliminate unwanted and “expensive” employees. The last vestiges of reasonable ranking (the 20% annual drop limit) have been eliminated to allow “sudden death” - PIPoff at the push of one button.
- The company sunk from the premier company in the oil industry to being second rate - at the bottom of the majors group.
- The top management absolutely refuses to assume any responsibility for the situation created in the last decade and instead awards itself endless rewards, officially “to motivate those who have to lead us out of this hole”. No word about penalties for those who led us in this hole.
- Increasingly arrogant, tone-death and outright antagonistic handling of the abysmal events of the last and current year; not only that another oversized PIP was recently announced, but we’re now supposed to believe it’s for our good, that it has nothing to do with personnel reduction. The rate of passing the PIP is touted as 90%, without mention that virtually everybody who was thrown into the oversized NSI last year is not with the company now. Adding insult to injury, with a sadistic streak, suggests that the leadership’s method of dealing with morale is a classic one: executions will continue on a daily base until morale improves.
Other than that, everything good.
OP can't see past the next quarter and it's very obvious. In many outlooks, experts expect that lack of investment will result in a boom in crude prices. Will it return to 2010~2014 prices, probably not, but that is by far NOT falling profits.
I've been hearing that line my entire career. It's just background noise as I go about my 31st year in this industry. Sorry for those that did not make it. In any industry, the weak ones tend get left behind; not all will make it :(
You don’t have a future here cause you’re a clown