They reduced the lunch cafe hours, and now they expect us to come in even more? Are they trying to get people to quit without having to pay severance packages?
23 replies (most recent on top)
@jc production has been flat on WS’s watch.
pretty incredible to ignore the other three things on that list when they’re far more important
face it, wall has done nothing but try to shrink the company with numbers that won’t be there in 5 years while looting it
the definition of one quarter at a time thinking
@hs
Wael has done well for positioning the company for the short term (next quarter), but our long term? Terrible. How are we going to replace our reserves if we can’t find anything (need more / better geologists) or can’t close a damn deal (LLOG)? Our production is going to fall off the cliff in a few years… we are so f**
I always wonder if historical stock price, market cap data from google take inflation into account. Granted in the last 5 years the actions of current CEO result in highest stock price. However, this 70$ stock price is the same as 15-20 years ago with a lot more assets and employee count, a better benchmark would be against peers whose stock price linearly increases from 15-20 years ago.
@f9 the market cap has not dropped on WS’ watch.
your horse is very high for a company that is literally shrinking (market cap, revenue, profit, reserves) in an industry that is literally dying
@dt "Younger employees, where?" Not many, but there are some. And there will be as time moves on. One either plans for this or fails at it. Lots of businesses who have gone too far away from office culture will learn this . . . the hard way.
shell has younger and newer employees? where?
"Are they trying to get people to quit without having to pay severance packages?"
uh yeah, that's what almost every decision in the last couple of years is trying to do. Increase the natural attrition rate. RTO, reduced PSP, forced lower IPFs, adjusted salary management chart, removing certain medication coverages, etc.
@d6 What new employees? What onboarding program?
As a skilled worker, I save actual workstation time for work from home. Workstation assists with seismic data is easier to see on my own screen than our conference rooms, so I still do Teams calls from my desk . Headphones on is a welcome break from the never-ending string of interruptions at my open office working surface. I also suffer through weekly drains from my energy vampire VP who walks around to "feel the buzz." He, of course, then returns to his office and shuts the door. But hey, I'm sure your "work" is a better in office.
@OP Quality of work (especially answering questions for and properly onboarding to younger/newer employees) is massively better in office environment than it is from home/Teams calls. Teams just promotes and endless-meeting culture, and work in isolation makes people miss subtle things. It really is not even close. I've seen both sides of this, and office is monumentally better for most workers. Anyone who thinks otherwise? Take a hike. We don't need you - and will be better without you.
Replace the current contractor with a Dave & Busters.
@ac exactly what I was thinking
@ch just looked up colostomy bag, and I regret it…
@ay oh yeah? Well I walk to Shell uphill in the snow to save the carbon emissions from driving, I donate half my paycheck back to the company to help with the cash challenge, I make my family pay Shell for the time I spend at home (cause really that’s just corporate time theft), and I use a colostomy bag to not waste time taking dumps at the office - because I have OLD school work ethic!
@b0 Those are not issue that address work ethic. You've only hit the "old school" part. Not nearly as clever as you think.
Good old fashioned bootlicking, you meant to say?
I do all of my work on pen and paper. laptops are for slackers. not a problem for those of us with old school work ethic
@OP Have already been going most Monday through Thursdays. This is not a change for those of us who have some old school work ethic.
Best 4 yr bpf stretch in probably ever and going to send everyone back to the office. Sure.
The email was confusing. Who hasn’t been coming in T-Th already?
Why spend any money at the Cafe? Bad enough to be forced in, why contribute to corporate profitability, even just a little?
What’s the problem? Just pack a PB&J sammie and a Capri Sun and eat lunch at your desk, which is not really YOUR desk but a flat surface you can use for a little while.