Thread regarding ExxonMobil Corp. layoffs

Cost cutting isn’t a winning long term strategy

We can’t cut costs forever. Eventually there won’t be anything meaningful left to cut. Then what? Executives have shown no talent for anything other than cost cutting. When will they learn how to actually grow this company.

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Post ID: @OP+1tSPd2sI

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It’s not. It is only a step process that gets you one step closer to an event that hits the stock price. Then, and only then will there be a change. But with the earnings as they just were, all things must be working yeah? No change unless it hits the bottom line.

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Post ID: @1sfm+1tSPd2sI

OP They've already trashed the corporation. It's done. Move on dude.

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Post ID: @1oin+1tSPd2sI

Industry isn’t a zombie. XOM is becoming one

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Post ID: @1whh+1tSPd2sI

There’s nothing to grow into. Industry is a zombie.

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Post ID: @anv+1tSPd2sI

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