Thread regarding ExxonMobil Corp. layoffs

What is the deal with USA pension

Saw some chatter about pension getting changed up. It would cause massive attrition for anyone who is only hanging on due to pension related economic considerations. Life is a little bit different for someone sitting in the <6 year bucket (risked pension worth pretty much zero) versus the 12 - 16 year bucket and the 20+ year bucket. Anyone not close to retirement would bail immediately.

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Post ID: @OP+1obxO12z

45 replies (most recent on top)

“Saw some chatter”

In other words:

“I’m repeating an unsubstantiated rumor and offering zero evidence to support my statements.”

@OP Take screenshots of the “chatter” you’re claiming to see, place them in a secure cloud drive, and provide the link. Otherwise, GTFO with this rumor-mill BS.

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Post ID: @hun+1obxO12z

@uqi+1obxO12z

Because the pension could be the only thing keeping people around.

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Post ID: @joj+1obxO12z

I continue to hear that changes will be implemented on Jan 1 2024 so anticipate an announcement 90 days ahead of that.

I don’t think it creates a mass exodus though it will tip people already on the edge to leave.

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Post ID: @yet+1obxO12z

September 7th

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Post ID: @orx+1obxO12z

There are many companies without pensions so why would EM people leave? Honest question.

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Post ID: @uqi+1obxO12z

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