Thread regarding ExxonMobil Corp. layoffs

It will get ugly when oil prices crash again

Some say it won't happen for a long time. Any thoughts?

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Post ID: @OP+1gPDXLT2

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Like the price of oil is controlled by planet alignments or caterpillar colors.
It's a rigged game. And everybody knows.
Even y'all.

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Post ID: @2avb+1gPDXLT2

HR will repeat the lesson learned of over hiring.

I expect a hiring binge as a reaction to regrettable attrition plus retirements.

HR should have learned 3 crashes ago to staff up for peaks with contractors.

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Post ID: @2ruj+1gPDXLT2

It’s true. Things are different this time. The price will remain high for years to come, you can tell that by looking at the data. Data does not lie. People lie. But, things could change quickly, you just never know.

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Post ID: @1hzf+1gPDXLT2

Next time down expect the NSI % to go from 5% to 10%…

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Post ID: @1qvp+1gPDXLT2

Things were different each and every time. It kept recurring in the past. Some call it "cyclical". LOL

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Post ID: @1mkn+1gPDXLT2

If I could accurately predict the crude market I wouldn't be working for XOM.

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Post ID: @1kyw+1gPDXLT2

Wrong, things are different this time.

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Post ID: @hol+1gPDXLT2

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