We understand Exxon is laying off UK employees tonight. Several hundred. Please share details.
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@16ys+1jq9jh44v It's been moved back due to the lag in North Atlantic closure on Esso SAF.
Outlook now for announcement in 1q26
Fawley sale didn’t materialize in 4Q… will it in 2026?
Fawley sale incoming in 4Q. Hold tight.
Fawley Refinery is largely unimpacted. The redundancies are in regional and global support roles.
Lol, can't tell if employers are fleeing Canada, or they're stealing jobs to move them to Canada... these America First pseudo economists are trying so hard that their narrative can't even keep its story straight.
and all this posturing is related to the UK closures how, exactly?
nah, next is singapore. Look at how everyone there is ready to go
@es+1jq9jh44v
"That is the reason smart people are leaving and the duds are running the show."
Perhaps. But that line has been said every decade about the oil sands for the past 60 years; during which time oil sands production has been continuous exponential growth from zero to 3000kbd, and production costs on a downward curve.
So maybe it's just the weak operators leaving, while the strong grow and consolidate.
Canada is a white elephant in Exxon's portfolio. All international majors have exited the Canadian oil sands; it's messy and costly to produce with a harsh climate and unforseen technical challenges. It does not fit well with DW's structural cost savings module. Relative to industry, staff are overpaid with no decision making ability or freedom to operate. Even the most miniscule items need to be run by one's functional counterpart in Houston or one of the GBS. That is the reason smart people are leaving and the duds are running the show.
France will be next.
Then could be Australia, sure.
How many people will be left in the UK after this? Cawley has what a 1000 and 300 in the Trading office?
Australia will be the next.
@bj+1jq9jh44v What about all the recycle we have to do on the work from eh those so called engineers?
12 days are less than 5% of total days worked in a year, compared that with equivalent roles in Spring get paid 30-40% higher vs. in Calgary.
And Canadians get an extra 12 days off a year.
"Canada needs to be next on DWW's chopping block. Huge savings to be had there."
You've got that one backwards. You could pay an engineer in Calgary with 20-30% Forex savings alone, with same quality of work, same time zone, and no language barrier; BTC can't beat that. If anything, work should go from Spring to Calgary; tons of OPEX savings for EM.
@ah+1jq9jh44v If you think all the geology activity is going to India you’re on something.
Canada needs to be next on DWW's chopping block. Huge savings to be had there.
50% reduction in headcount for support roles in the UK. Indians very happy today. Long live BTC
Not yanks, all jobs going to India
That’s the end of the UK. Writing was on the wall but still sad and love how they have moved more jobs to the yanks.
How many worker bees did they cut vs managers?
What is left to cut to achieve Darren’s structural cost reductions?
Fawley not sold at all.
250 redundancies, paid layoff package after consultation programme. Redundancies commencing 4q25
Leatherhead office closing
Broadly, all support organisations in the UK that are European or global supporting are being shutdown.
You understand wrong, very wrong
Fawley finally sold