Thread regarding ExxonMobil Corp. layoffs

How long will we PIP 8%

A post here says 8% PIP until 2025. Is there an article or website you can link to?

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Post ID: @OP+1d9COvDp

8 replies (most recent on top)

DH played spin doctor a few months back and tried to disguise it but got caught in his own lies. Yes 8% through 2025

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Post ID: @3nep+1d9COvDp

If resignations continue at current rate there won’t be anyone left to PIP.

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Post ID: @1pel+1d9COvDp

https://www.bloomberg.com/news/articles/2021-06-21/exxon-prepares-to-cull-u-s-white-collar-ranks-by-as-much-as-10

"Exxon Mobil Corp. is preparing to reduce headcount at its U.S. offices by between 5% and 10% annually for the next three to five years by using its performance-evaluation system to suss out low performers, according to people familiar with the matter."

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Post ID: @1tpx+1d9COvDp

It was a Reuters article, a few months ago (a few threads on this site had links to it, but it should be easy to Google). The company denied that the super PIPs were meant for personnel reduction purposes, but it did not deny that they will continue for up to five years.

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Post ID: @1xgg+1d9COvDp

Was just curious if there was an official article or statement

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Post ID: @xaq+1d9COvDp

Until the company has cut its way back to prosperity. It could be a very long time.

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Post ID: @qpl+1d9COvDp

Amazing they know that only great employees will be around after 2025.

Since PIP is not workforce reduction.

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Post ID: @gbf+1d9COvDp

For next 2 Year yes 8%

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Post ID: @xsi+1d9COvDp

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