How are the raises looking in 2025? Have they started showing up in Fidelity? Post % raise, JG, and PIR.
After 20 years with company I sense the next round of brutal layoffs are imminent
Self serving management will do anything to satisfy the shareholders and employees are ready to sacrifice…whether for a merger or to give the illusion that all I costs are going down…..whatever the real long term c price of this strategy
Employment lawyer recommendation
Hi, Does anyone have an employment lawyer for recommendation? This is about mistreatment during the latest layoff process. Thanks!
Time for Some Big Leaks!!
Why do we come to this site? For information on actual or likely layoffs, so we can prepare for what’s coming ahead of the official messaging. Speculation is interesting, but we need actual leaks. Senior leaders have been cut, we need them now to... — read more
SPF Mega Backdoor Roth
Anyone know if the Fidelity SPF 401k allows a Mega Backdoor Roth?
Executive Committee’s “Reduction” in Their Own BPF
The EC made a big deal that they took the bold step of reducing their own BPF due to safety issues. Notice that they did not tell us how much it is reduced. Well, it turns out that they reduced it from 1.64 to 1.61. How bold!
Job market is getting worse
Dow just added another 1500 to the job market.
Can’t President Trump throw these LNNs out?
After yet another round of layoffs in Development, Subsurface and Wells, all the UK-NL-India LNNs are still here and we are firing local Americans. Even the Iranian LNNs are still here. If we can’t get jobs in their countries and we can’t get jobs in... — read more
What is coming next
They have let me go after many years of loyal service, so now I want to tell you what is coming, because I have nothing to lose. Wael wants the company to have at most 60,000 employees. He told the senior leaders to pass down that this year, lower... — read more
Performance Ratings…
Based on my understanding, there are five performance ratings, but it seems that “Strong” is the default for most employees, regardless of effort. Is it truly possible to achieve an “Outstanding” or “Higher” rating based solely on performance, or do... — read more
merger with exxon on capital markets day
🐳 🦢 dream come true, done deal
Severance negotiation
Is there some room for severance package negotiation? (e.g., more days/years of service, extended health insurance coverage, etc).
IP agreement
Is anyone else getting the boot on the 31st being asked to sign a reaffirmation that you won’t steal Shell IP? I was going to sign it already but my LM is being weirdly pushy about reminding me to do it.
Supply chain layoff size
Do folks have a guess as to size of the supply chain layoffs (PTC)? 20% in line with wells?
This company is a joke now
Spending 82 million Euros just to close the office months later. I’m just laughing at this point... — read more
interviewed and not selected
Interviewed for trader development in Houston and was told failed behavioral part
Layoffs 2025?
As we move warily into 2025 after a brutal 2024 you have to wonder what further layoffs lay ahead. Any news on upcoming layoffs before March 2025?
IDT December OR outcomes
Those that were impacted in IDT Step 2 and did not get a role in the MOR were eligible to apply for the leftover roles in the December OR. January 9th was the day for verbal offers. I know of 5 people that never got an offer from a hiring manager but... — read more
Multi-Day meetings in IT group
In the IT group (leaving org name out) we do these multi day meetings called 'PI planning sessions". 100 or so people gather to discuss objectives for the next 3 months. Complete waste of time. 5 people do the talking. Rest pretend to participate. — read more
Nambibia...nah
Non commercial...going to be written off. Whats left in the operated funnel now ? https://www.reuters.com/business/energy/shell-writes-down-namibia-oil-discovery-2025-01-08/
Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term
https://www.yahoo.com/news/biden-ban-offshore-oil-gas-100551895.html
hey guys hot news
i heard shell is going to follow the advise of a 23 year old from mckinseys slides and fire people and sell assets to reduce overhead costs! holy sh-t the stock is gonna skyrocket wael is a genius!
Exxon and Chevron Expand Global Hiring Push
https://oilprice.com/Energy/Energy-General/Exxon-and-Chevron-Expand-Global-Hiring-Push.html
British jobs for British workers
Just like the other American thread (which I agree with), jobs in the UK should be for us. Too many Europeans and Asians taking our jobs
Hire Americans in the USA
Before Shell can layoff Citizens, they should first remove foreigners in visa. We cannot have willing Americans be available and not given the opportunity. If you are laid off, ask for data on this, not just the Bull Cr-p Age based information they... — read more
The golden era is gone
The future of Shell looks bleak. Leadership seems to be stuck playing a broken record, doubling down on cuts and quick fixes. This only ends up drain morale, leaving teams feeling battered and less effective. It doesn't take a genius to realize that... — read more
Shell-BP Merger - WHEN??
This rumour of Shell and BP merging has been floating around for way too long. I fear, She’ll will be late again, and some other major will scoop up BP. Does anyone have any insider scoop on this??
Predictions on London Delist and NY Relist?
Wael’s first sprint to close the stock price gap with its American rivals has been largely unsuccessful. Next option is to delist from London (where we are the largest listed company, which speaks volumes to how bad the London capital markets have... — read more
Capital Markets Day 2025 (March 25, 2025)
Source: https://www.reuters.com/business/energy/shell-hold-investor-day-march-earlier-than-expected-2024-12-12/#:~:text=The%20capital%20markets%20day%20will,to%20grow%20low%2Dcarbon%20energy. Per Shell, "We are keen to provide insights on what... — read more
Another IT Re org?
I’ve heard there is another reorg planned is this true? Just survived can’t take much more of this, I have a family.
Pension loss for people less than 2 years
Hi Everyone, I joined Shell US last year but have to leave Shell early next year due to the recent reorganization. I heard that I will lose my pension because the length of my stay is less than 2 years and 3 months. This is not fair as it’s not me... — read more
Expectations for the worse
Shell is not the same company it once was. People now just expect things to get worse, not better. I can’t remember a time when my coworkers were so focused on negative changes like they are now. There’s no hope for improvement, just worries about... — read more
US - things to plan before off boarding
If leaving early next year, what are some things to plan now. I have heard of learning account. anything else?
Shell UK org changes ?
any news in context of JV with Equinor ?
Misery in IT
Anyone else feel the IT leaders have robbed us of all hope and joy? Not motivated after this brutal reorganization . I’ve just lost all faith after seeing top talent let go while the lower performers stay.
IT reorg - favoritism wins
In the IDT reorg, leaders straight up lied or told unfounded gossip about people they didn’t like in the panels to dissuade others from hiring qualified candidates. This is verified. How can this be allowed? If you are going to spread lies about a... — read more
Shell vs Blackrock
How far off is Shell from being operated like it was owned by Blackrock(or similar) ? Seems like Wael and folks like him see the business not very different from how Blackrock would - a set of backboxes which either generate net cash or don't. Focus... — read more