Thread regarding ExxonMobil Corp. layoffs

As posted below, the attrition is huge for departments (like IT) where people actually have alternatives right now. That tells you that when what appears to be a budding upturn will get in full swing we will see at least comparable rates for petroleum engineers and geoscientist, fields where now the attrition is bottled by lack of current opportunities.
There’s a reason why the corporate troll message on this board converges towards the idea that “the grass is not greener somewhere else”. Those who control the message do have access to real attrition data.

@3poi+1dCizVnW, I heard attrition (resignation) was about 15% for EMIT, excluding retirements, PIL, failed PIPs, etc. Way more when you look at ALL the reasons people left in 2021. Entire teams have disappeared.

What is the attrition rate?

I keep hearing that the attrition rate is far higher than forecasted and I see multiple people quitting in groups that never ever had anyone quit.

Nobody actually says what was the forecast attrition rate or what is the actual attrition rate.

Please just tell us the numbers.

@3mui+1dCizVnW Hi Darren

The attrition rate is in line with other companies, in fact, it is lower than most companies. People levy for a variety of reasons, but most left to be closer to home and COVID made a lot of people rethink their priorities. Like so many others, I am proud to work for the World Class company that ExxonMobil is. ExxonMobil is the leader in planning, execution, and innovation. I am proud to say, “We are ExxonMobil!” It is great to be part of a team that is Winning!

You mean walking away to volunteer for United Way events in Red shirts? Lately so many of this fake bots posting pics on LI.

Why don't you show some bravery and ask that question directly to the HR VP Tracey Gunnlaugsson. If she's has the empathy she claims she will be truthful to the people of the company she claims to care about dearly. If she doesn't, you would know about her fakery and who she actually works for.

In contemplating this question, I would actually pose it a little differently. If your child or your close friend’s child called you and they told you they had just received an offer from the company, what advice would you give?

The advice could possibly be framed considering individual and company value systems.

If your goal is to make a lot of money and go back to grad school in 1-2 years, accept the job and bank the money.

If your goal is to build your resume and job hop every year or few, accept the job and bank the money.

If your goal is to have work life balance, absolutely decline the job.

If your goal is to be promoted and compensated based on your technical and business contributions, and not on nebulous self-serving favoritism based on individual biases of the management team members, then absolutely decline the job.

If your goal is to work for a company that you can have trust faith and confidence in your corporate leadership, then absolutely decline the job.

If your goal is to work for a company where you can trust and have confidence in your immediate first line and second line leadership, then absolutely decline the job.

If your goal is to work for a company that will provide training, mentorship, and intellectual resources that will help your professional growth, then absolutely decline the job.

Very very nice that youngsters still ask for opinions tans diversity of perspective.

This was one of the biggest reasons for me, as well. Ended up going to a company where executives all took a 30% pay cut to prevent having to layoff or cut workforce salaries, and 401k match was actually increased at the beginning of 2021 once finances started to recover. My overall salary is actually slightly lower than it was at XOM, but putting employees first goes a long way

Adding my thoughts.

1. Not recognizing the layoffs as layoffs
2. Destroying good employee's confidence with an undeserved NSI ranking
3. Personally recognizing that the demanding hours and stress aren't worth the pay anymore
4. Promoting a culture where we focus on a single mistake or bad decision instead of factoring in all the good someone has done
5. Toxic backstabbing culture in some groups to move up in ranking
6. Not willing to recognize and embrace necessary transformation

Leaving was a no brainer. Too much corruption

1lum+1dCizVnW
You’re making these arrogant assumptions based on nothing. I’m an experienced hire and I’ve worked for American and foreign companies. In my experience, only the worst “leaders” of doomed companies award themselves big bonuses while cutting employees benefits and jobs when THEY, not the pandemic, have brought their company on the brink of disaster. You don’t seem to grasp the concept - forget the pandemic, before and after it EM is in a very bad situation, with a messed-up portfolio, thank to our inept management. Now our entire plan relies on eliminating experienced workers and spreading rosy company propaganda.

All of corporate America is like this. If you've worked for any other company then you'd see it. I've seen the same nonsense in every company. People generally stay at XOM for their career or a large portion of it. Unfortunately, they get a taste of the blood that is at many others during what has been probably a once in a lifetime event.

ktj+1dCizVnW
Not “all companies” were in the same difficult situation as EM at the beginning of the pandemic, you corporate stooge. EM was already down on all metrics, at the bottom of the pack, and yet the crooks who led us to the bottom shamelessly awarded themselves millions, and now despicable sycophants like you crawl from under their rocks to tell us how everybody is the same.

Executives at all companies lined their pockets during the pandemic. Even the ones that “took no salary” instead increased their stock compensation going forwards. Overall they made more money that way. If you’re mad at executives for lining their pockets, you just should be mad at capitalism. Our execs suck for many other reasons, but this isn’t one of them.

Adios

Look at the Microsoft Ignite event this next couple of days. Looking at progressive other companies are and all they are doing to shift to accomodate people to work from home or in a hybrid environment and the investment they are making into latest tools and technologies will tell you why people are leaving XOM that is doing nothing, absolutely nothing to lift, enhance, it's employee experiences compared to others in the world. XOM still operates in 1980s when others are truly operationg in 21st Century.