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How long before this is all over?

How long are they going to keep us guessing? Until more of us decide we can’t take the uncertainty anymore and quit? It wouldn’t be the first time Exxon tried to force employees to leave by creating an environment that basically pushed people out. I don’t know if this is one of those cases, but I wouldn’t be surprised.


Did you survive?

Curious which roles DID NOT recieve the dreaded severance estimate? Interested to get a feel for what was considered "out of scope". Don't have to get specific unless you feel comfortable doing so.

Anyone else debating if there are even actual "opportunities" and the "potential" is to ensure everyone stays to transition their work? Nothing would be surprising at this point.


Merger?

Has anyone been reading the media articles bout the information sharing plan on our US Foods website and upcoming merger with PFG in the media? Will that cause layoffs? Will that be a chance for the powerful on the board of directors to select better executives? Some of our executives have sh-t the bed on some of their decisions and do not have the gonads to do what needs to be done. We do like our CEO and he has proven his worth on the stock. But some of his posse don't share his intelligence nor his heart. They may just not give a fu-k about what they need to do since they will be given a golden parachute when the merger arrives. Let's all hope the board reads these posts and proves what we are writing is true and just terminates the d-mbasses for dereliction of duty without the severance.


Should I quit ford ?

Ford work culture is decorated fully. All the high performing engineers are sidelined or made quit and ford management mostly promoting or favoring pets who are good at showcasing. I got few offers outside? This c×× nonsense is in big mess ? No way management is listening in anything. I want opnion other seniors who are at ford. I am at my mid level career now. Do you think it is high time to leave ford ? Or should wait things will change for good?


Why Canada?

This is a legitimate question. I think I know the answer, but I want to see if there’s anything I’m unaware of before making the obvious conclusion.

Layoffs in Europe I get. We probably won’t own any assets there for much longer anyways, and I’ll be surprised if the continent hasn’t regulated every bit of heavy industry out of business by 2030.

Singapore I get. It’s been a money pit. High cost energy plus the cost of importing all feeds and exporting all products does not make for good performance in a commodity sector.

I feel for all of my colleagues in these locations. It’s not your fault this is happening, but I can understand why the company would do this.

But why Canada?

A quick discussion with ChatGPT shows me Imperial made between $4.5-7.3 billion yearly since 2022. Yes, refining margins were pretty good over that period, but I don’t see anything in the top line numbers to suggest our Canadian business is in dire straits. So why are we laying off 20% of the company?

I don’t know what functions sit in Calgary. Tax? Engineering? The inescapable conclusion is we hit a critical mass of people at KLTC and BTC that we thought could do their jobs and decided to rip the bandaid off.

Assuming that’s true, why wouldn’t I expect the EXACT SAME thing to happen to the US in a couple years? Aside, of course, from our CEO telling us the US is off limits (lmao).


Specialized Portfolio— who will be sold first??

What an odd bunch of businesses….. lots of M&A activity in the feed industry; Cargill is completely absent; not surprising given performance in the past few years.

BioIndustrials continues “coasting”……..

Salt? Well; if we get a good winter is a good year
Any insights on who will be the first to be sold from that “portfolio “???


Can oldtimers help me understand why oil prices refuse to budge up?

Joined 3 years ago. People tell me that prices go up and down, bo-m and bust cycles. That makes sense but it now feels that it'll never go up, almost like this is a systemic change. Not sure, it's just my gut feeling but I wanted to see if people with experience can chime in.


Edmonton

So it seems that the majority of folks are planning to fake mobility to see what they are offered, even if they have no intent to move. Is this the play? If I declare immediately I am not mobile, and seek immediate severance, will I be severed sooner than if I wait to see? I can't wait to GTFO.


Voluntary Severance Package?

I commonly hear about people getting a voluntary severance package as opposed to laying people off. What incentives does that package include to get people to leave? Also what criteria do they use for offering one to employees. I’ve been here for nearly two decades and never received one.