Thread regarding ExxonMobil Corp. layoffs

Exxonmobil Singapore is laying off employees

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Post ID: @OP+16zEvLP3

5508 replies (most recent on top)

Maybe some executives can share their dividends with everyone since they like to non-stop spam and shout #weareexxonmobil in slido

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Post ID: @1Fndd+16zEvLP3

DW and his top lieutenants can feed their families. The rest can keep your jobs as long as you say yes to him.

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Post ID: @1Enou+16zEvLP3

Look at what is happening in US today. Let see what else coming our way in singapore, we like to think we are safe, but we are constantly in denial. Come on... we have a family to feed.

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Post ID: @1Evxa+16zEvLP3

Bloomberg Dec 1, 2020

(Bloomberg) – Exxon Mobil Corp. is suspending employee bonuses for this year after the crude-market collapse spurred a record run of quarterly losses for the oil titan. Top executives, however, will still receive stock awards.

The Exxon board’s compensation committee “exercised discretion in light of challenging industry conditions and resulting company earnings,” the company said in a regulatory filing on Monday. Chief Executive Officer Darren Woods and his four top lieutenants will receive restricted stock units, according to a separate filing on Tuesday.

The oil supermajor has endured a torrid year in which crude demand and prices crashed, forcing the company to slash spending forecasts and target 14,000 jobs for elimination. Exxon also disclosed it expects to write down as much as $20 billion in assets during the current quarter.

Exxon’s top executives – Woods, Senior Vice Presidents Andrew Swiger, Neil Chapman and Jack Williams, as well as global projects head Neil Duffin – will share 554,400 in restricted stock awards, about the same as a year earlier. The awards were valued at about $37.5 million in total last year, but Exxon shares have tumbled about 40% since then.

© 2020 Bloomberg L.P.

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Post ID: @1Ealu+16zEvLP3

This complaining from Singapore is really stupid. It doesn’t change anything. DW and his special team of 4-5 continues to get paid nicely - https://www.bloomberg.com/news/articles/2020-12-01/exxon-is-suspending-employee-bonuses-after-oil-market-collapse

So you slaves in Singapore should just continue to keep your head down and working silently, while praying that the country study doesn’t pick you as efficiencies.

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Post ID: @1Ebui+16zEvLP3

Is there any more residual doubt that our top echelon cares for no one but there selfish selves? Read on.......... https://www.bloomberg.com/news/articles/2020-12-01/exxon-is-suspending-employee-bonuses-after-oil-market-collapse

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Post ID: @1Edjb+16zEvLP3

@1Dhpd+16zEvLP3 Yeah, woman at the helm, with both arms outstretched! :)

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Post ID: @1Decp+16zEvLP3

1Dlnr+16zEvLP3

Heard of Titanic?

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Post ID: @1Dhpd+16zEvLP3

What can we expect in the new era with a new captain of this ship?

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Post ID: @1Dlnr+16zEvLP3

 @1Adwe+16zEvLP3 => GSK Slave!

Contribution in retaining 3 months??? FAKE news.

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Post ID: @1Cqhp+16zEvLP3

@1zopy+16zEvLP3

FAKE news. Where got CL 30 or manager got NSI. They only give NSI.

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Post ID: @1Cpce+16zEvLP3

@1Adwe+16zEvLP3
If GSK is so empathetic, he would shield innocent retiree and staff from PIP / PIL exercise.
You must be either legal, P&GA or HR and pray at him as your God

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Post ID: @1Curg+16zEvLP3

@1Adwe+16zEvLP3 is obviously from public communications. Should spend useful time on real comms not here, well.. can't remember any.

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Post ID: @1Aowv+16zEvLP3

@1Adwe+16zEvLP3 he did nothing.. I heard the next one is worse..

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Post ID: @1Arlg+16zEvLP3

We have to thank Gan for his contribution in retaining the 3 months bonus for all Singaporeans . His farewell video is resolute and encouraging, despite the deterioration of trust and motivation caused by Dallas and Houston leadership.
Wish him well in retirement and hopefully new senior leadership take heed and repair the trust, first by respecting all employees, be truthful and transparent. Empathetic leadership skills should be the number one of all core traits and leaders should be ranked based on genuine feedback by subordinates.

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Post ID: @1Adwe+16zEvLP3

@1zuon+16zEvLP3 I heard every rank group has NSIs - including the >CL 30 executives. So there will be managers who will be asked to go (or early retire).

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Post ID: @1zopy+16zEvLP3

@1zvgr+16zEvLP3 “Once out of EM gate, drive like an F1 driver”. Who ah?

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Post ID: @1zevo+16zEvLP3

@1ybtl+16zEvLP3

Join WIN the correct choice. They will teach you to act, and make the boss happy. This is EM culture - ACTING. Take LPO example, who believe this will work. Only the top manager believe it as EM already put in huge money. Which manager dare to against the top.

Just monitor the top management drive. Once out of EM gate drive like F1 driver.

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Post ID: @1zvgr+16zEvLP3

@1zsub+16zEvLP3

Need to do JLA for every trip..

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Post ID: @1zwsb+16zEvLP3

Before join PHD, you need registration to attend TDVL course to get vocational licence

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Post ID: @1zufd+16zEvLP3

From June 2020 onward, to join grab need to attend 2.5 days course. Those that intends to drive Grab, better go register now. To complete the course will take at least 3 months, then can drive Grab. No joke.

Those never drive for >6 months will need to attend the course.

Other platform are Gojek and Ryde.

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Post ID: @1zsub+16zEvLP3

@1ykgr+16zEvLP3 Your supervisor asked for a referral letter? Which means something bad is coming, even they are planning for exit!

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Post ID: @1zuon+16zEvLP3

@1xujv+16zEvLP3 LMAO! WIN.. a joke.. so many email spam about what they cook, what is on their shelves and all the BS.. funny that they spent so much time on this.. every one of such posts made me sick... please use the time to do real work..

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Post ID: @1ybtl+16zEvLP3

@1ykgr+16zEvLP3
Just reciprocate your supervisor the same treatment that would have been otherwise delivered to you. “Sorry, it is company policy not to provide referrals.”

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Post ID: @1yola+16zEvLP3

My supervisor just asked me for a refferal letter today.

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Post ID: @1ykgr+16zEvLP3

Screw the whole management.
Just face it, the study is just a conceal weapon to lay off ppl just as they did on PIP.
By the way, given that some PIP folks survived this rounds due to MOM monitoring, be prepared there will be more victims suffer in the upcoming appraisal due Apr 2021.
S@um management

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Post ID: @1ynsv+16zEvLP3

Next study now completed and announced for Canada / IOL. Total 300 jobs hit. 30 from F&L.
All will be on involuntary basis.

Next will by Singspore’s turn. Stay tuned .

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Post ID: @1xvje+16zEvLP3

So many unhappy EM employees in Singapore. The management still doing nothing to help, still sitting there draining the scarce resource.

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Post ID: @1xkme+16zEvLP3

Why so angry.. its business after all.. while Woods is worthless, there is nothing you nor I can do about it.. so time is better used to prepare for your upcoming performance assessment!

I’ve started by the way! Been using the time to show that I’m displaying the desired behaviours!

May even want to do a Women Interest Network post! Just to be safe..

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Post ID: @1xujv+16zEvLP3

At least DT had some balls to do so so publicly, rather than rely on NSI and said that relatively, you are underperforming.

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Post ID: @1xfpy+16zEvLP3

With DT as CEO, he will do the firing himself ..... “You are Fired” and he will do it via Twitter like how it did it to Rex. EM does not need HR or Managers to do it.

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Post ID: @1xbic+16zEvLP3

Can we have someone to make ExxonMobil Singapore great again? We had enough of the cowboys and Aussie kangeroo making it c-appy. Can we have some local to make it better?

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Post ID: @1weyh+16zEvLP3

By the way, it’s Darren who put people who no prior experience as contact executives, not Rex. Just wanted to point that out. Otherwise, every thing else mentioned by @1uyyj+16zEvLP3 us pretty legit.

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Post ID: @1vjku+16zEvLP3

Wow exxonmobile ; what a nane Yes, it does fit the company"s current image and doings.

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Post ID: @1vamx+16zEvLP3

What's wrong with calling EM exxonmobile. Mean Oily b–tard Lie Endlessly

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Post ID: @1vgdg+16zEvLP3

@1uagt+16zEvLP3 Is a troll that doesn’t even know how to spell ExxonMobil. Piss off.. lol “ExxonMobile”

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Post ID: @1umxy+16zEvLP3

Townhalls and safety events for non manufacturing are simply for executives to update their bosses in US. If nothing valuable to update monthly... don't waste our employees time!

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Post ID: @1ujkg+16zEvLP3

Again, waste too much money on useless safety policies and safety people. Regulating ever routine task take 3-4 times as long to complete .

Some hard true that:
Exxonmoblie in house contract cost 10 times than market rate,
ExonMobile need >200 workers to run a oil rig , while other company use 100 workers

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Post ID: @1uagt+16zEvLP3

It was a joke that on that day when Rex took over the Chairman post , he woo to drive the company to the safety and reliability way, noted that he is not concern about the profit, a sun set industry, want to play polity,no ways. I quickly sell off my years of collection xom stocks.
As chairman, he made some incredibly boneheaded moves like putting a person with no upstream experience in charge of the upstream, and a career long upstreamer in charge of the downstream. And the person with the worst people skills in the company in charge of “Human” Resources. Is it now a surprise that the company is crashing and burning? And the idea that the dividend is sacrosanct is just a defense of his position with shareholders, not a well thought out business strategy for long term prosperity. Of course the solution to years of mismanagement is to cut benefits and layoff workers.

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Post ID: @1uyyj+16zEvLP3

1udqd+16zEvLP3

The townhall is for bootlickers to make comments like:

"Feeling exited"
"Out performing high performance competitors -awesome"

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Post ID: @1uzlz+16zEvLP3

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