Thread regarding ExxonMobil Corp. layoffs

Things are not that great right now

It might appear that everything is great right now, but it’s not. Some things might be on the upswing, but overall, we are still feeling the effects of how EM decided to layoff people through forced retirements and PIPs in 2020.

It wouldn’t be so bad if we weren’t misled in an email from DW saying there would be no layoffs, only to have people forced into retirement or suddenly be PIPd when they were told they were doing great work. Before that email, everyone knew times were tough and there may be layoffs, so when we received the email it gave many a false sense of security. A few months later we were all blindsided when either ourselves or many of our co-workers were suddenly being told we were poor performers. RE people were told either retire or you’ll probably be PIPd.

Choosing to tell people they suck instead of just admitting we needed to reduce head count caused an enormous erosion of trust. We have always had to work under the ranking process that has been scientifically proven to be counter intuitive to the things we are supposedly expected to do (collaboration, innovation, etc.), but EM somehow found a way to make that process even worse by removing some safeguards that were in the system (now you can go from the top to the bottom in one cycle).

So, no matter how good things are as far as the price of oil or choice discoveries, you have an entire workforce on edge with little trust in the company and it’s management.

Many are still taking up the slack from all the experience we shoved out the door a few years ago. Not to mention, even though they are now overloaded with duties, they are being told to do more as people quit in droves. Then comes PDS time, these same people are told they need to improve significantly.

As often is the case, mismanagement, stubborn refusal to change, poor leadership, disrespect, and an overall disregard for people & their skills, causes a company to fall into a toxic place.

I’ve been here over 30 years and it’s always been tough, but there was an understanding of the process and culture. Now, it is a hot mess with everyone feeling like they are in the hunger games on a one year contract.

Posted by @kpo+1ixltXWS, this deserved to be in its own thread.

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Post ID: @OP+1izbRs1A

8 replies (most recent on top)

“Things are not that great right now”

Nothing deep or insightful here @OP.

The industry is in decline and it’s run by tired old men who should have moved on years ago. No sh!t things aren’t great. It’s almost a miracle that they aren’t even worse.

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Post ID: @1fwf+1izbRs1A

@sec+1izbRs1A Why wait until @wcn+1izbRs1A is 55 to tell them they are irrelevant?

I’m a bit younger, but I’ll never understand people who are in a cr---y place and attacks those who have nothing to do with their situation. Just because someone has worked at EM for 20, 30, or 40+ years does not mean they have to shut their trap and not agree that things are terrible at EM.

It reminds me of people who had a hard time in their career so when they are in any leadership position, they think part of their job is to make it hard for anyone & everyone who works under them.

Right about now, I’d loved to get some of those who were forced to retire back. My group is crumbling from the lack of knowledge and absolutely inept management.

I’ve been with the company 10 years and even I can see how far things have deteriorated. When someone who has been here much longer wants to tell me how it used to be and is saddened by what they now see, I listen. And if they are “blessed” to be able to retire and break out of this place, I’m happy for them! More power to them.

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Post ID: @tyu+1izbRs1A

@wcn+1izbRs1A "Anyone blessed enough to have 30 yrs in need to retire and quit whining. No wonder there’s such a thing as PIP"

Many of the people 50 to 55 who wrote on this board genuinely care about the company and it is very hard for many of us see our hard work flush down the drain because of poor management, lack of leadership, and a toxic work culture.

Perhaps one day in the future some hot-shot will come along to tell you to stop whining, and that you are irrelevent at 55, and that you need to retire.

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Post ID: @sec+1izbRs1A

Anyone blessed enough to have 30 yrs in need to retire and quit whining. No wonder there’s such a thing as PIP

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Post ID: @wcn+1izbRs1A

Agree with OP. Very well stated.

I actually think DW got off on the wrong foot when he began publicly explaining the whole 2025 strategy around doubling cash flow, production, etc. back in 2018. We never detailed that type of vision externally and there's really reason for it in a commodity business. Then came COVID and the layoffs, 401k freeze, etc. Also completely mishandled.

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Post ID: @zrv+1izbRs1A

Agree with everything except the first sentence:

...It might appear that everything is great right now...

From my vantage point it appears that everything is going down pretty ugly. If you see things great you are being either naive or blind.

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Post ID: @zbe+1izbRs1A

DW is the result of corporate inbreeding of ideas and brown nosing while catering only to the shareholders. It's obvious he lacks creativity and the knowledge to provide meaningful direction. Were he wise to the industry, he wouldn't have initially allowed the unnecessary hiring binges to begin with. Exxonmobil is destined to become just a financer of O&G projects while paying for contractors and service companies to execute and operate. Ironically, at higher cost than if they actually knew how to properly restructure from the beginning of all this.

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Post ID: @nxp+1izbRs1A

It's obvious DW is not fit for the role. Lying about the layoffs and the way it went down is a result of lacking any confidence, experience, and fortitude. The entire industry knows. Financial analysts know. He never struck me as a deal maker neither. I think he's best suited for a different kind of role in the auto manufacturing industry or something, but I think even those companies have standards these days.

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Post ID: @hzf+1izbRs1A

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