Thread regarding ExxonMobil Corp. layoffs

Salary Escalation

5% in the US for anyone in the Business and GSC, 3.5% for those in staffing (i.e. HR, E&PS, Law, Controllers, etc.)

You can clearly see which functions their trying to lean up on

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Post ID: @OP+1h1SIaSG

9 replies (most recent on top)

With activity limited to permian and guyana plus asset sales, XOM can afford to cut more people, that is why retirements will be heavy for the next several years. These high cost experienced people will be replaced with cheaper new hires or even cheaper BSC hires.

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Post ID: @6pin+1h1SIaSG

You get food?

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Post ID: @5rns+1h1SIaSG

I'm in Trading. We don't get those pay-rises like the rest of you.
We just get a percentage of the trade.
And we don't get filet mignon with our eggs every morning.
We get sausage just like the rest of you sometimes.

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Post ID: @1zww+1h1SIaSG

Any communication on the new RSUs ? How many for each CL?

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Post ID: @1lwj+1h1SIaSG

Last year's depended on whether you were Upstream or Downstream. I Believe Upstream for example was 2.5% of budget.

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Post ID: @dhd+1h1SIaSG

What was it last year in comparison?

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Post ID: @bbc+1h1SIaSG

Explain more please, what does the above mean?

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Post ID: @rry+1h1SIaSG

Salary escalation? Is this the median we’ll see for raises in January?

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Post ID: @dsz+1h1SIaSG

I'm OK with leaning in those areas....

I don't think they do much anyways.

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Post ID: @lll+1h1SIaSG

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