https://news.yahoo.com/exxon-cutting-even-more-costs-144345618.html
10 replies (most recent on top)
No snit, Sherlock. I run a small ag business on the side and I’m always trying to cut cost. It’s called capitalism, derelict.
DW setting higher targets so he can fire more people and get tens of million$ more in bonuses.
Instead of Putting employees first, DW is putting employees out the door first.
@Crusader? - don't worry. It will be gone in the next 3 years
Get rid of Corporate Strategic Research (Clinton, NJ) facility, it’s research staff and the management completely. The benefit of getting rid of CSR’s significantly negative production of value will be tremendous.
This is not new. A similar statement was made in the quarter results teleconference.
I don’t understand why people are surprised. We know TMTS is not completed yet and more assets are for sale.
This was a reminder
Geoscience is effed
Thanks, MGC and Linda
Throw open the br----l doors, Durwood.
Wood alcohol tastes just the same.
Maybe if people would be willing to move to the Permian we could invest that money in growing production. Why don’t we start PIPing based on willingness to go where the work is.
NA work force is doomed.
Exxon said it expects to cut annual costs by $9 billion in by 2023, $3 billion more than a previous target, in a drive to quickly pay down debt taken on during the pandemic and double earnings by 2027, over 2019 levels.