Topics regarding layoffs at ExxonMobil Corp.

Topics regarding layoffs at ExxonMobil Corp.

Clear sign of what is wrong with XOM "leaders"

What a bad joke. Look at all the posts on this board trying to interpret what the layoff announcement means. Leave it to XOM to design a layoff that is obtuse, vague and perplexing. The fact that highly educated people are confused about what... — read more 

Represented staff ?

Today they announced layoffs for only the non-represented staff. Has anyone heard anything about the plan for Represented employees? Timeline on when to expect it?

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| 1810 views | | 6 replies (last October 30, 2020)
Post ID: @OP+17Fj6YIR

Most Affected and Least Affected

Most Affected Maxed out mortgage, bought 10% more house than he can afford. 8 yr Car Loan @$550+ per month Assumed sh!t doesn't happen, not in the oil industry, or not to him. Only happens to other people. Least Affected Bought 50% less... — read more 

I'm confused

Did ANYBODY learn today they were laid off or not?

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| 3710 views | | 8 replies (last October 29, 2020)
Post ID: @OP+17F4el0o

Future

Down to 5 companies, exploration, development, production, downstream, and XTO, no chemicals, no URC, and no EMRE. 1/10 of the present size with half the present oil/gas assets.

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| 2413 views | | 3 replies (last October 29, 2020)
Post ID: @OP+17FEcDW6

Voluntary Program is a Sham

4 months is not much of an incentive. Retirement eligible employees who believe they are safe will stay and those who believe they are vulnerable will wait to see if they get selected for the involuntary phase that has a much larger payout. Predict... — read more 

Upstream headcount - current

Does anyone know the current headcount for “upstream” as DW is using the term? I’m currently in D/S (after U/S from years ago) but would like to know % being removed from U/S (750 out of X)?

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| 3460 views | | 8 replies (last October 29, 2020)
Post ID: @OP+17FgRROT

Trust is Lost

Once you lose your employees’ trust that leadership will act in accordance with the stated company values, it’s gone. First the way COVID was handled, then the PIPs of high performing people who challenged management, then the lack of transparency... — read more 

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| 1750 views | | 3 replies (last November 15, 2020)
Post ID: @OP+17FacyBH

ExxonMobil Severance Pay

Let's use this thread to consolidate info on the serverance pay. So far we completed almost 50% of the cuts without paying a severance.

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| 1930 views | | 4 replies (last October 30, 2020)
Post ID: @OP+17FaEeZl

Expat call home

For the expats in the house: US expats working outside US non US expats working in US What do you think with happen in the coming weeks or months to these expats? Will they cut or freeze expat benefits?

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| 2030 views | | 7 replies (last October 30, 2020)
Post ID: @OP+17FKXRF2

The Full Picture in the U.S.

The 1900 cuts announced today added to the 1600 cuts recently completed (NSI group) is a total of 3500. This is a 19% reduction in the U.S. workforce (excluding site level Operations employees). They completed almost half of the cuts without paying... — read more 

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| 4630 views | | 9 replies (last October 29, 2020)
Post ID: @OP+17F4E3jB

HR Gets Whacked!

35% of HR employees will be gone. Add to that the 8-10% NSI group recently departed and it’s a 43-45% reduction! Another 8-10% in next year’s PIP process will take it well over 50%! Ouch!!!

Involuntary program and PIP

It’s a little confusing. It says “ the Following groups of employees will not be considered eligible for this program: employees currently on an active Performance Improvement Plan” So if we passed the PIP, are we still considered under the PIP... — read more 

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| 2900 views | | 8 replies (last October 30, 2020)
Post ID: @OP+17F6LA14

Do the numbers add up?

14000 target by 2022 1900 in US 1600 in Europe 150 in Australia We're still roughly 10k short. I doubt we already released 10k in contractors & NSI yet. Also if XOM is growing in GBCs, HC would have to decline at other sites to... — read more 

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| 3050 views | | 8 replies (last October 29, 2020)
Post ID: @OP+17FBz5wC

Severance Pay Worse Than PIL

So in many cases, those who were PIP’d and PIL’d got a more significant severance than those who are going to be laid off. Thanks LT. We truly feel appreciated!

Exxon's Downward Spiral

Another contributing factor has to be the reward and advancement structure. You combine generalist strategy for people management, high profile/sponsorship, and quick advancement. Together, they incentive people to chase signature accomplishment, no... — read more 

2/2/2

Based on the forum, involuntary separation is 2/2/2, right? The slide said “Employees selected for involuntary redundancy who sign warner and release form will receive a severance payment. Calculate based on years of service: Minimum of 4 weld... — read more 

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| 2520 views | | 4 replies (last October 29, 2020)
Post ID: @OP+17FVFlZJ

Let me get this straight

We know they're going to lay off 1,900 people but we also know they'll only notify only a part of them today? And the rest will learn their fate between now and December 15? So the nightmare will continue for another month and a half, at least? Are... — read more 

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| 3150 views | | 6 replies (last October 29, 2020)
Post ID: @OP+17FnA4Ja

Let's get real

The layoff announcement today of 1900 gone by end of year is only thing we can take at face value. DW has lost all credibility for his deception back in May with the veiled layoffs. Do not believe the numbers through the next 2 years is set. If I... — read more 

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| 2620 views | | 2 replies (last October 30, 2020)
Post ID: @OP+17FUNYNg

Post your company's news

Let's compile what each company gets told during these 9am meetings. Are we all getting the same message, or are the numbers/messgaes different?

Today's the day

I think there's a consensus that today's the day? I'll be deeply disappointed if it turns out not to be true. Not because I'm particularly eager to be laid off, I don't think anybody is hoping for that in this economy. I'm just more than ready for... — read more 

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| 4360 views | | 7 replies (last October 29, 2020)
Post ID: @OP+17FBjLcL

BIMS. Board Integrity Management System. The board of directors aren’t mitigating the risk to the share holder.

“ExxonMobil's board of directors is responsible for risk oversight. Meeting agendas routinely include sustainability topics and board members review the effectiveness of the company's policies, programs and practices.” When the biggest risk to the... — read more 

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| 2300 views | | 9 replies (last October 29, 2020)
Post ID: @OP+17FQsQx9

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