Are forcing teams to hit desk and eliminating styrofoam cups the best our executives can come up with? Pathetic. Grow profits rather than all these stupid cost saving schemes.
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Hope you don’t plan to hold onto those shares for too long. We current employees are experts at extrapolation. Not headed in the right direction.
It’s all about cost reduction to improve the bottom line, current board doesn’t give a **** about growth!
This honestly kinda make sense, the outlook for the O&G industry, specifically to fuel demand is expected to drop significantly over the next decade, which presents the question of why invest in growing oil production?
As a current/former XOM employee, I would hate what’s been happening and as a shareholder, I have been LOVING everything they are / about to be doing to improve the bottom line.
Darren has a lot to learn from Elon.
Maybe he’ll terminate the ESGs and finish trimming the ‘fat’.
End the perks and get the unflushables to retire.
I wonder if they’ll get exhaust fans in their bathrooms
They have to eliminate the cups to offset the cost of fully renovating a perfectly fine building. Next they’re taking away toilet paper to offset the individual bathrooms they apparently need.
Your raises are funding the renovations. Hahahah.
Maybe that diesel shortage we keep hearing rumors about really needs to happen to make the woke id--ts realize that modern life depends on the oil industry.
The oil industry will be needed for at least another 150 years.
You cannot make medicine, plastics, fertilizer, clothes, lubricants, vital chemicals, etc out of wind and solar.
I think you're dilluded about the industry if you think Exxon should be investing to grow. Oil is declining, and the rate of decline will increase. What part of the company's selections over the past few years haven't you been paying attention to?
Whaaa, those truly skilled, competent and marketable have moved on, what’s left is just sniveling dribble.
A dollar waiting on a dime. Or in this case, a penny.
All our executives must have failed every math class they ever took. They don’t understand that the amount of money you can make by only cutting costs is limited by the sum total of their salaries-unless they are willing to make some noble sacrifice. Yeah right!
They aren't cost saving schemes. They are employee elimination tactics, which amounts to the biggest savings.
There seems to be more focus on mothballing owned buildings than on core businesses.
The people forcing WE3 are the same ones unable to occupy a normal fully functioning building, requiring millions of dollars of upgrades.
Amazing what they force on the minions while building their castle.
@pam+1jxop69L
That’s the environmentalist wishcast not the forecast.
Even in a shrinking business I expect better ideas than what I am seeing from our executives. They are focused on the wrong things. Saving buckles and dimes.
Perhaps you don't understand the business. It's a shrinking business that will shrink faster over the next few decades, down sizing and cost control therefore aren't unreasonable. That's a brutal truth which although is poor for employees, is what the future business fundamentals drive.
Anyone who doesn't like that, the reality is to leave, exactly as they want you to do, and join a growth industry. It's managed decline here.
They're also focused on travel costs!
If it's something a new hire can work, we've got VPs that are willing to do it for multiples of their salary!
They don’t understand the fundamentals of the business so they default to things that are familiar to them, such as removing plastic utensils, lowering headcount, and subletting our campus buildings.