I'm an EM terminee entitled to a pension. Received a letter for EM One Time Lump Sum payout. Website is: https://ExxonMobil-LumpSum-Window.com Someone though this was a scam for ID theft. Is this legitimate or is it fraudulent??
Lump sum check received
Got my lump sum check addressed to ExxonMobil savings plan but don’t how how to get it added to my Voya profile?
Management Shifts?
Maybe I was just too young to notice when I started out but I felt like my managers were intelligent and knowledgeable. But I feel like each new manager I get is more and more clueless yet more confident. It seems that their confidence is perceived... — read more
Corporate Executives Assess U.S. Economy as Clouds Form
Source: The Wall Street Journal 3 June 2022 By Chip Cutter, Nick Timiraos and Sam Goldfarb Long stretch of universal strength gives way to muddled outlook on labor, markets and consumer spending Over the past week, business leaders have laid out in... — read more
Why am I seeing so many retirements?
I separated from exxon in March so I have no idea whats going on internally but all of a sudden my LinkedIn is flooded with retirement posts. If interest rates are high doesnt that mean retirement is less attractive? Or what am I missing?
ExxonMobil, Shell ‘swallow’ huge $$ losses in Brazil oil exploration setback
By Stabroek News June 3, 2022 https://www.stabroeknews.com/2022/06/03/business/exxonmobil-shell-swallow-huge-losses-in-brazil-oil-exploration-setback/ The international oil companies ExxonMobil and Shell Plc. face what a May 16 Bloomberg report... — read more
The ratio of hard-working people and dead weight
There are still talented and knowledgeable people here, but when you consider the number of useless managers and those employees who in the past probably couldn't even get a job here, the number of hard-working talented people would be shockingly... — read more
The line…
The line to take Cube pics is wrapped around the building. My LinkedIn feed is almost exclusively XOM retirements and resignations. Wait until the bonuses get deposited, then the line will wrap around the campus. Good job DW! Mission Accomplished... — read more
The $100+ per barrel of crude oil is over - OPEC increases production in July 2022
Update: OPEC rips off the band-aid - accelerating production growth targets Jun. 02, 2022 9:58 AM ET By: Nathan Allen, SA News Editor https://seekingalpha.com/news Update: Russia was included in OPEC+ quotas for July 2022, despite rumors Russian... — read more
Stop the scam
The corporation has been a playground for steady scam for over a decade. The astute, knowledgeable and ethical employees are long gone leaving behind the worst culprits and vultures. How will the sane people survive among snakes?
Expat Benefit
Any expats here trying to rationalize why we are still working here ? We don't even get 3% bonus; expat benefit is less attractive. I don't even can afford the same car I had in my home country #sigh
Would you put in the extra effort if you were PIPed?
One person who recently got PIPed told me that he used to work very hard but since they put him on PIP he literally does almost nothing because he absolutely does not believe that extra effort will help him survive. I am trying to put myself in... — read more
Breaking news...
... Yammer posts increase exponentially as we approch the ranking sessions!!!!!
Process for hollowing out a company
When things start to go bad, the people with the most options on the outside leave first. That leaves the good people who see the problems but think they can help fix them. Eventually those people get burned out when the change doesn't materialize... — read more
I keep flying under the radar
It used to be important to me what decisions our leadership makes, I thought it was very important to speak up against bad ideas, I was frustrated by the rise of mediocrity, but now... Now I pretty much don't care at all. I think it is best to accept... — read more
Useless Job Titles
List the most useless job titles that you have seen on announcements. I see the titles of some of these people retiring and think it is amazing that EM paid those people 15 to 40 years doing that useless job scope. I hope many of those stupid... — read more
The parade of unflushables taking their #cubepic
“Today was my last working day before retiring after almost..” 40+ years of service, 30+ years, whatever time they devoted to climb plus the decade of retired in place. They are finally out. And they take the picture to show us they went unscathed... — read more
The only thing that scares me at this point is the attrition.
There has already been a lot said about attrition, and I don’t think anyone can argue that it is high. When people that know this business decide to leave a large oil company that was once a symbol of stability and a good place to be, something is... — read more
WFH will go bye bye
After seeing that Tesla is being told a minimum of 40 hours a week in the office then it's only a matter of time DW says the same. Currently people are only coming in 2.5 days a week on average. I know there are some that are much less. While... — read more
Salary Escalation
5% in the US for anyone in the Business and GSC, 3.5% for those in staffing (i.e. HR, E&PS, Law, Controllers, etc.) You can clearly see which functions their trying to lean up on
Climate change denial: ExxonMobil may face trial
ExxonMobil, once the world’s most valuable public company, must face trial over efforts to deny climate change, the Massachusetts High Court in the United States recently ruled. ... — read more
Used to be a meritocracy - now its all about diversity.
When I joined the company it stood out among all the other offers I had as promoting based on performance. No system is perfect - but ExxonMobil appeared to be one of the better ones. Now however, it's all about politics and diversity. Look at all... — read more
Jump from oil to mining
I have heard from several people that they have jumped from oil to mining, that they got a job fairly quickly and are now making significantly more money. I'd like to leave Exxon as soon as possible, but I'm still not sure that mining is a much... — read more
I don't get the logic behind it
As far as I know, the process of hiring new employees who need a lot of training costs the company MUCH MORE than motivating the existing employees to stay here. Isn't that right? EM obviously has different reasoning for their decisions.
How many people do you know who were PIPed who actually deserved it?
In the past several years - meaning this is not a new development - all the people I know who were put on PIP were among the best and hardest workers. Every single one of them. I've worked with a lot of lazy as-----s who barely do anything all day... — read more
Ok it’s almost June , change those profiles
As we complete Asia Pacific month, we now enter the political waters of June and pride month. We received an email from management encouraging everyone to change their profile pic to pride backgrounds and insert pronouns into email signatures to show... — read more
Exxon shareholders reject faster emission cuts but support climate report
May 25, 2022 2:27 PM ET Exxon Mobil Corporation (XOM) By: Carl Surran, SA News Editor Exxon Mobil (NYSE:XOM) shareholders supported the company's energy transition strategy at the annual general meeting on Wednesday, voting against most proposals... — read more
New plan aims to almost double solar capacity in Europe by 2030 Due to Ukraine-Russia War
Institute for Energy Economics and Financial Analysis 20 May 2022 The European Commission increased its solar power capacity target to nearly 600 GW by 2030 as part of its energy policy response to Russia's invasion of Ukraine, with an interim... — read more
IEEFA: ExxonMobil benefits from loophole requiring Guyana to pay for costs of decommissioning wells May 26, 2022
New report shows ExxonMobil will receive $3.2 billion for decommissioning costs May 26, 2022 (IEEFA) – ExxonMobil is going against industry standards in Guyana by receiving $3.2 billion for decommissioning costs that is not required to be set aside... — read more
Worried someone will steal your star employee? Here's what to do.
By Andy Medici – Senior Reporter, The Playbook, May 29, 2022 Updated May 29, 2022, 10:57pm CDT As 2022 wears on, companies continue to fret about turnover, morale and burnout on their workforces. And with good reason. Quit rates remain at... — read more
Tokyo Metropolitan University - New carbon capture system is 99% efficient and lightning-fast
Maybe Direct CO2 Capture from the Air will become a reality with the recent advances by a Japanese University BY AMIT MALEWAR MAY 30, 2022 EMERGING TECH The devastating effects of climate change are being felt around the world, with an urgent need... — read more
How did your manager behave when he let you know you’ve been put on PIP?
Just out of curiosity. Did he look like he believed in that sh-t and that it was necessary, or could you tell from his behavior that he also thinks it’s fake and just a method to eliminate you?
I regret putting in any effort at all
I feel cheated. I mean, I love my job and I would probably put in a lot of effort anyway, but top performers being NSIed is disappointing. Admittedly, EM doesn't deserve top performers and the best people for a long time now. It bothers me how they... — read more
Is This The Next Up Efficiency Study/Consolidation For Our Global Workforce? We Could Call The New Company EMUpDChem
Chevron consolidates upstream, midstream and downstream segments 27 May 2022 Fuels and Lubes Magazine Chevron Corporation is consolidating its Upstream, Midstream and Downstream business segments under a new executive vice president for Oil... — read more
Investors reject climate proposals targeting ExxonMobil, Chevron
Analysis by Maxine Joselow with research by Vanessa Montalbano The Washington Post Nearly two-thirds of investors in ExxonMobil and Chevron on Wednesday rejected proposals for the oil giants to align their climate strategies with the Paris... — read more
Why Are We A Partner in the HIF Chile Demonstration e-Fuel Project, But We Are Not Mentioned in the Bay City Texas Plant?
New $6B e-fuels plant to bring 125 jobs to Bay City, Texas BY JANA STAFFORD, DIGITAL CONTENT PRODUCER, BIC MAGAZINE APRIL 29, 2022 8:50 AM Houston-based HIF Global has selected a 540-acre site outside Bay City, Texas, for a $6 billion e-fuels... — read more
Outsourcing
I'm getting tired of hearing about more jobs being moved to cheaper countries. EM's main cost-cutting strategy seems to be outsourcing. How long do they plan to keep leaving Americans jobless just to save a few bucks? Until there's nobody but the ELT... — read more
Prepare the tributes
Assessment meetings should be kicking off for most locations in the coming weeks. The mandatory 5% NSI target , as most know, is a sleazy way for the company to further reduce overall headcount. A simple voluntary, compensation package would easily... — read more
Any other supervisors struggling?
I know this will likely hit by trolls but here’s it anyway. I’ve been a supervisor for a while now and always try my best. I’ve been through a good few years of PA but starting to really struggle with the concept; the stress on the team and the... — read more