Topics regarding layoffs at ExxonMobil Corp.

Topics regarding layoffs at ExxonMobil Corp.

Question #2

Question - for those responding who are retirement eligible (55 and older with at least 15 years of service), BUT not yet 60 - is the company waiving the 5% per year pension discount by forcing you to retire before 60? Make sure you push back on... — read more 

Question

I am 60 with 12 years of service. (XTO) Does anyone know if they are allowing people in my position to lump sum out of the pension

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Post ID: @OP+15W8Nrfu

Pension

I am not an expert, below is what I understood from reading our pension summary plan description. The pension lump sum is available to retiree only. retiree requirement is 15 years of service and 55 years old. For people leave company... — read more 

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Post ID: @OP+15WrdP3a

I am gone as soon as I can secure other employment...

Hopefully everyone who is laid off this go around will finds new employment quickly. For those of us who do make it through, we will know the true colors of the company and if we don’t leave as soon as there is other opportunity shame on us. If we... — read more 

ExxonMobil Management

XOM has announced employee reductions thru the annual job evaluation process to reduce cost. Is XOM taking steps to reduce or forego executive compensation as many large companies have done for 2020 and 2021?

Defamation of character?

Defamation of character comes to mind when a corporation’s CEO says that it has no plan for a lay off and then the only official statement from the corporation is that they have a rigorous performance evaluation process to explain the release of a... — read more 

A little treasure for the shareholders

Here is a little treasure for the shareholders of ExxonMobil stock. The very people ranking the top talent of this company are in direct competition with their direct reports. The individuals making these decisions as to who is or isnt performing... — read more 

Is PIP a done deal?

I've heard that PIP means the decision has already been made and they are only covering their bases ahead of firing. Is this true? Is there really no way to avoid being fired once you've been put on PIP? Especially if there was no real reason for it... — read more 

Covid response?

How is the covid response at the campus? Are most people working from home?

Xto Fort Worth mgmt

Fort Worth field management is awful. Anybody that doesn’t play there games or b noses is a target and on the chopping block. Super int . Is very devious so are there cronies. Target to rid 20 percent of field personnel by end of year.

Layoffs are coming

http://www.bnnbloomberg.ca/exxon-prepares-to-make-job-cuts-across-oil-giant-s-u-s-offices-1.1457020

Voluntary layoffs

I wish we were offered voluntary layoffs. I'm ready to leave this place. It has changed drastically in the past five to ten years and it's now unrecognizable to us oldtimers. I don't feel motivated to do any of the work anymore. Why would I? You get... — read more 

Severance package

What is a fair severance package in a buyout or during layoffs? 1mon/yr? 3wk/yr? I'm have 10 years of service. I am considering leaving industry.

Covid-19 cases are campus

Four new COVID-19 cases at the campus last week, and that’s six total they are telling us about. Why aren’t they notifying us via email about each case? Why aren’t they being transparent? With 4K + back at the campus I don’t feel safe.

Culture needs a huge overhaul

Culture needs a huge overhaul. I’ve spoken to many who have heard terrible things about Exxon, management and leadership and have no interesting coming to work here. And when word gets around they made it mandatory for folks to be back in the office... — read more 

Somethings fishy..............................

Does anyone other than myself find it "fishy" that EM has suddenly changed a ranking system that has been in place for years. Sounds like they're setting up a LAYOFF without actually calling it what it is ! Why not just be transparent about it like... — read more 

Woodlands

Mass layoffs happened in Woodlands during last couple of months and more in pipeline. On the other hand Full time employees are having a great time. Contractors are getting permanently laid off with a 1 day notice. Many are H1B's with family... — read more 

Contractors and annuitants gone

All non essential personnel will be ousted by May 1. All expats called home to work remotely. If you don’t have an oil field skill you will be gone.

Woodlands PTP Contractors

Why many contractors are not showing up to work in PTP team in Woodlands? What is the deal they have with the top management?

Ponzi scheme in shale

ExxonMobil with affiliate XTO will soon learn that shale plays are great for increasing production and booking reserves but at the end of the day there are no profits. Hate to see a great dividend paying company switch from conventional to... — read more 

Exxon Mobil Layoffs 2020

Have you heard anything about potential Exxon Mobil Layoffs 2020? Any news or rumors?

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| 7220 views | | 1 reply (November 25, 2019)
Post ID: @OP+125j4Vox

Exxon agrees to sell its assets in Norway

Even though this was more or less expected, asset sales like this always come as unpleasant news, at least for me. I would like to get some thoughts and opinions about this sale from the people on this board... — read more 

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Post ID: @OP+10Z0MgFH

ExxonMobil Vacation Policy

This is the list of GD Comments on Exxon's Vacation and PTO Policy (Source below, 1 comment per employee, no duplication): Based on time of service. 0-4 years is 2 weeks, 5-9 is 3 weeks, 10-19 is 4 weeks, 20-29 is 5 weeks, and 30+ is 6... — read more 

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| 7330 views | | 1 reply (November 14, 2021)
Post ID: @OP+10CCKL6u

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