Thread regarding ExxonMobil Corp. layoffs

Is what’s left at XOM the bottom of the barrel?

I left XOM a few months ago. But in recent weeks, I see multiple resignations from XOM in my LinkedIn feed. I personally know many of those who left were highly ranked and weren’t laid off. With the attrition being so high, I assume the talent left behind at XOM is the bottom of the barrel….. those that don’t have transferable skills and can’t find a gig elsewhere. Definitely not the best and brightest.

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Post ID: @OP+1c3UEMqx

14 replies (most recent on top)

Still some good people left waiting for the vest or buying more time. But they are starting to look now too. Don’t wait too long where the good jobs are gone. Get out now and look quietly. Costs nothing. Those left behind will only be good at job bouncing (and costing shareholders more money due to lack of knowledge) and sucking up. Will be a decade before EM comes back (if ever). Might as well get out now and have some fun and be appreciated again (if you ever really were at EM).

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Post ID: @ofr+1c3UEMqx

@lev+1c3UEMqx
Although the management is extraordinarily poor at Annandale, everyone needs to go.

Also we should not stop with Annandale in terms of shameful firing. Many CSR employees have snaked their way into Houston and have been ruining our otherwise knowledgeable workforce here in Chemicals, RTD, EMRE etc. as clueless namesake Advisors and others.

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Post ID: @mwr+1c3UEMqx

That's why God invented Contractors.

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Post ID: @tfx+1c3UEMqx

Nope. I'm still here for another year.

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Post ID: @cnq+1c3UEMqx

Working at ExxonMobil for more than 3 years, you either become bottom of the barrel, or agree/accept to think like and eventually become bottom of the barrel within the broader intellectual and productive society.

Nothing new here! - it is a matter of more and more people now realizing the toxic work culture and people that this company has produced in the last decade.

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Post ID: @xxv+1c3UEMqx

Yes

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Post ID: @nvv+1c3UEMqx

@uuq+1c3UEMqx - from what I know, many of these “not sure what future holds” have landed jobs. But they are not announcing it for fear of losing severance.
Good for them. They are sticking it to XOM.

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Post ID: @vzt+1c3UEMqx

It’s fairly easy to tell on LinkedIn. If they post that they’ve already got a new job lined up, then it’s likely that they chose to resign without being NSI’d. If they post “excited to see what the future holds” (or something similar), then they were NSI’d.

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Post ID: @uuq+1c3UEMqx

@rli - what about #4 ???

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Post ID: @paj+1c3UEMqx

Going to be left with a bunch of managers with no marketable skill set, unless kissing the backside above them is considered a skill.

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Post ID: @biw+1c3UEMqx

Definitely the case in Annandale, not much happening here. Lots of management sheep left though. Dr. syrup must go,

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Post ID: @lev+1c3UEMqx
  1. ELT 2. Too new to leave (less than 3 years) 2. To old to get a decent offer 3. Sheep 5. Severely overpaid
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Post ID: @rli+1c3UEMqx

The resignations in my group have all been the “A” team. Plenty of “B” and “C” players left, though.

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Post ID: @tpw+1c3UEMqx

It is def one aspect, in the more higher CL's staff do get RSU's that takes years to vest, so although we've seen some staff leaving at higher levels as you go into areas with higher RSU's some that are skilled are simply staying due to the non-salary benefits.

In my BU all the people I seen resign were all top 3rd performers, individuals with years of major deliverables to our organization. Small subset were mid-tier individuals leaving outside of PIL/PIP individuals that were forced out, but from a resignation perspective it's been amazing staff.

Losing such people is going to hamper our abilities to execute for years, hopefully they can stop the brain drain going on.

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Post ID: @vqx+1c3UEMqx

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