Topics regarding layoffs at ExxonMobil Corp.

Topics regarding layoffs at ExxonMobil Corp.

Savings

Curious to hear - for those still at EM, at what point would you feel like you've saved up enough to just bail from EM and either retire or just go do something else? Obviously savings matter less if you're jumping to another job, but a decent nest... — read more 

by
| 2120 views | | 7 replies (last February 7, 2022)
Post ID: @OP+1f9sEYIV

How risk averse are you?

After joining the company, the employees are being brainwashed with "fear"... as a result, many of the colleagues "fear" about the unknown working somewhere else - hence they stay although they are not happy. Some also "fear" about the money as they... — read more 

by
| 1620 views | | 7 replies (last February 6, 2022)
Post ID: @OP+1f85Tjx7

Rollover pension lump sum into savings plan?

I resigned last year and just got my pension benefits package. Is there any reason NOT to roll over the lump sum into my XOM savings plan rather than an outside IRA? I'd rather keep the balance out of an IRA for now so I can continue doing backdoor... — read more 

Why not wait?

Lots of retirements March 1. Why not wait for PIP/PIL season? It’s only a few more months of misery. And you could be saving someone else’s job.

Paid Parental Time Off (PPTO) = Paid Family Leave ?

Anyone know if the 8 weeks of PPTO that ExxonMobil gives is considered Paid Family Leave when filing a U.S. tax return, and if one should expect a 1099-G form? I tried getting an answer from HR and payroll assistance, but they're worthless. Terrible... — read more 

by
| 1565 views | | 2 replies (last February 5, 2022)
Post ID: @OP+1f7nyKfq

They didn't manage to ki-l our spirit - yet

People might not be happy but they're not letting that affect their day-to-day life and that's a good thing. I've been a part of a team (this was before XOM) where the manager and the overall toxic culture completely destroyed morale to the point... — read more 

by
| 1740 views | | 7 replies (last February 5, 2022)
Post ID: @OP+1f783CPr

Be brave

I resigned 5+ years ago and it was the best decision I ever made. Less stress, no more back stabbing, no arrogant leaders, and constantly treated with dignity and respect. Is it 100% perfect? Of course not! Is it way better? Absolutely. I wonder... — read more 

by
| 2070 views | | 4 replies (last February 3, 2022)
Post ID: @OP+1f7da79b

Fixing the toxic work culture

I hate that I didn't leave earlier. Is it even possible to fix the toxic work culture here anymore or is that the last thing our leadership thinks about?

Climate Leadersh!t

Anyone who buys into the pipe dream that Exxon is somehow committed to invest in low-carbon “solutions”, isn’t looking at the numbers. The boost in cash flow will allow Exxon to increase the pace of a $10 billion share buyback previously announced... — read more 

by
| 1631 views | | 4 replies (last February 3, 2022)
Post ID: @OP+1f64mag0

Neil and Jack Show

Just watch the employee forum. They never really answered the question about attrition and more importantly PIPing. They clearly want to pivot to the future and not discuss the present cluster f…. And the real joke is that they actually think they... — read more 

by
| 4320 views | | 5 replies (last February 5, 2022)
Post ID: @OP+1f6icwvI

Did we meet the number yet?

"Exxon had around 72,000 regular employees as of end-2020. It last year disclosed plans to reduce its global workforce by 14,000 by the end of 2021. " Question is: did we meet the number yet? (58,000 employees)

Delivery of W-2 form after leaving

I left for a new job in early January and am wondering if anyone knows how my XOM W-2 form will be delivered. The reason I ask is because at some point I switched from physical delivery to electronic delivery in EDA, and I think the email being used... — read more 

by
| 1170 views | | 7 replies (last February 2, 2022)
Post ID: @OP+1f5IQJgw

What is the current global Headcount?

I was waiting for the earnings call, but it seems like the official data is only going to be shared in the 10k. Did they end up cutting 14000 positions? 2020 YE data was 72 k now if you count ppl below presidents we should be around 62 k. 4000 more... — read more 

by
| 1500 views | | 5 replies (last February 5, 2022)
Post ID: @OP+1f5sJ2ln

How many will quit?

I know some will be willing to move, but not everybody. I wonder how many will quit rather than relocate their families from Irving to Houston. Especially if there is a possibility of being laid off or PIPed once you relocate - which has happened to... — read more 

Money for stock buybacks, but not your 401k

How much did they save with the 401k cut? A few hundred million? Now they have $10 billion they don’t know how to spend so it’s going to retiring common stock rather than the long term “commitment” to their employees. Exxodus should accelerate for... — read more 

by
| 1690 views | | 6 replies (last February 2, 2022)
Post ID: @OP+1f51IRKx

Love the forum

I don’t know about you, but I liked the Forum. Too often we fought amongst ourselves around who is better - Upstream, Downstream, Chemicals or Researchers. Answer is all of us are better - better than our competition. We are going to kick CVX, RDS... — read more 

Further headcount reductions

I am listening to the global employee forum now…. I heard an audience member’s question which roughly asked if there would be a staffing/headcount reduction associated with the reorganization, but I did not hear a response to that part of the... — read more 

Automate what Manager do

I can easily automate what manager do all day. It will save great deal of money for company.

Global employee forum

Slido is blank again and not anonymous. No interest in reality. Wonder what these leaders will talk about ?

Where are these colleagues that LI Cube Posts talk about?

When people post LinkedIn cube pictures, they talk about inspiring, friendly, and talented colleagues, and also talk about colleagues who they will miss? I wonder if there is another ExxonMobil in a parallel universe where such colleagues exist?

Technical MPT Options

Given that the Corp claims to have a glut of degree-educated MPTs, average Joe’s career is likely to look very lacklustre moving forward. To those in that bucket who have moved on from EM, where are you now and do you have any words of wisdom for... — read more 

Outside Hire for Investor Relations

https://www.yahoo.com/now/exxonmobil-appoints-jennifer-driscoll-vice-200000678.html Another outside hire for Dallas, replacing a retiring IR leader.

by
| 2500 views | | 7 replies (last January 31, 2022)
Post ID: @OP+1f2HYwXR

Start a new thread - post a news comment, question or message:

: