Thread regarding ExxonMobil Corp. layoffs

Sinecure Spotlight

Merriam Webster’s Word of the Day has me thinking of so many ExxonMobil managers I’ve known over the years. Perhaps this is a new word to you (as it is to me) - and you might also agree there a quite a few “sinecures” at the management helm of XOM. The toxic environment they have created and foster in the name of “driving shareholder value” whilst grossly padding their own personal net worth at the detriment of their work force - is indeed without cure to their souls. (Translation: they really ARE evil.)

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sinecure

noun | SYE-nih-kyoor

What It Means

Sinecure is a noun that refers to a usually paid job or position that requires little or no work.

Did You Know?

A sinecure (pronounced \SYE-nih-kyoor\) sounds like a pretty sweet deal: it’s a job or title that usually comes with regular money but with little or no work. Who wouldn’t want that? While the thing sinecure refers to might be desirable, the word itself is typically used with disdain—if someone refers to your job as a sinecure they don’t think you earn the money you collect by doing it. The word’s roots are likewise served with some side-eye: it comes from the Medieval Latin sine cura, meaning “without cure”—the lack of cure in this case being one for souls. The original sinecure was a church position that didn’t involve the spiritual care or instruction of church members (theoretically, the church’s sole purpose). Ecclesiastical sinecures have been a thing of the past since the late 19th century; positions referred to with the word these days are more likely to be board positions or academic appointments that require no teaching.

Examples of SINECURE

“To make matters worse, the architects of failure are rarely, if ever, held accountable. Instead of acknowledging their mistakes openly, even discredited former officials can head off to corporate boards, safe sinecures, or lucrative consulting firms, hoping to return to power as soon as their party regains the White House. Once back in office, they are free to repeat their previous mistakes, backed by a chorus of pundits whose recommendations never change no matter how often they’ve failed.” — Stephen M. Walt, Foreign Policy, 3 Mar. 2021

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| 1562 views | | 6 replies (last ) | Reply
Post ID: @OP+1moFaUDL

6 replies (most recent on top)

I’d say the toxic environment is on full display here on this board. Look in the mirror. If you act at work like you post on this board then you go around gossiping and undermining your coworkers. Accusing them of malice and evil. Always seeing a boogeyman. Maybe the problem is you not them.

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Post ID: @hmf+1moFaUDL

So - I joined xom to be a sinecure. I was an experienced hire,
And my prior upstream position within the industry was very high stress…. When I came to XOM upstream about 12 years ago… I worked about half as hard as I did in my prior job and did fine here. Overall, Little stress, good assessments, and reasonable pay.

Fast forward to the last couple years… I will say the mood has changed quite a bit. Lot of fear and cya going on. The formula has changed… there is a very tight squeeze on performance… which was long overdue for the Corp to maintain its long standing position as the big US O&G company in my opinion. This could’ve been avoided with more prudent decisions between 2010-2020…. But here we are. I’m hoping that after the structural reductions are realized things will normalize at the day-to-day level? It’s gonna be hard to maintain this pace until retirement for me.

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Post ID: @hwq+1moFaUDL

@xrb+1moFaUDL Agree with your general statement, you really need to know how to play to stay. Problem is: a lot of people struggle with being a cog in the wheel of some vast machine while lacking any clarity as to where that machine is heading. My perspective is those with a conscience and strong work ethic are the ones that really struggle with it!

So much of the work @ EM can really be viewed as quite fruitless (eg: there are a lot of positions that could still be eliminated and it would only help improve the bottomline.).
So, if you’re OK with knowing you could be chopped at any point (no one should be so co--y / confident that they’ll never be cut, EVERYONE is replaceable); and you’re OK taking a paycheck without feeling like you’re genuinely making a difference to improve the world - or lives of your fellow man - EM could be for you. At least for now; Sinecures unite!

Also, is it Corporate borg or bog? Potato / potato. Tomato / tomato.

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Post ID: @ogq+1moFaUDL

Once you learn to work the EM system things can go quite well. Many never (or won’t) learn. You can often tell those coworkers who won’t make it. They eventually get the boot. Adapt to become a part of the corporate borg or not. Your choice. I adapted and, in the long run, it was lucrative. Leaving FI. I thank you, my family thanks you EM.

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Post ID: @xrb+1moFaUDL

@gsx+1moFaUDL, unfortunately, it’s your kind of mercenary attitude that is all too prevalent and taking society in general down the tubes. Best of luck.

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Post ID: @hkl+1moFaUDL

Call it whatever you want, but I’m still making more money than you and protected from PIP. My biggest problem that keeps me up at nights is when to sell my RSUs. Yours is when you will be PIP’d.

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Post ID: @gsx+1moFaUDL

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