Thread regarding ExxonMobil Corp. layoffs

Good numbers at Earnings Call

Somehow I suspect it will not translate into any improvements for employees. Also, growth is mostly prompted by crude production. Any other areas contributing to better numbers?

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Post ID: @OP+1tO7ylsR

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Benefits Administration shaved a good half-billion.
Gotta count that, too.

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Post ID: @3lmq+1tO7ylsR

People REMEMBER "STRUCTURAL SAVINGS" MEANS MORE LAYOFFS. REMEMBER THAT.

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Post ID: @2qav+1tO7ylsR

downstreamer CEO means Downstreamers are taking advantage. Hopefully the next CEO will be from upstream. Can’t come soon enough. DW is quickly burning through the portfolio and not replacing it with anything. Good thing Guyana wasn’t ki-led by the executives even though they tried

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Post ID: @1ebf+1tO7ylsR

Somehow upstream brings in all the cash but XOM is overweight with downstream people.

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Post ID: @1olv+1tO7ylsR

Structural cost savings

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Post ID: @1uxh+1tO7ylsR

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