ExxonMobil does not want to maintain the Singapore OPEX headcount long-term. Our preferred business model is to sell the Singapore refinery and petrochemical complex and negotiate long-term supply contracts for fuels, base stocks, petrochemicals, and plastics.
Long-term contracts will be indexed against the Consumer Price Index (CPI) and Producers Price Index (PPI).
Singapore service stations are in the process of being sold in 2025.
No future for EM Singapore. China one is already the Asia hub. EM will exit Singapore like Shell, just a matter of time.
you haven't been catching up, some want the package, some want to stay on
All you losers scared lose jobs?
Serve you right for being lazy stupid and licking wrong pariah
LOL and also charge toilet 10c per entry. Toilet sure max out with more people in Jurong. Just like NAB, sudden surge of people, toilet always full.
@89z9 better propose to your boss next week. Later some technical engineer steal you idea and inflate the earnings
I got a good idea, charge each car $200/month for season parking. Assume 50 cars at each site and 4 sites in total , the company earn 480k per year. Better than trying to optimise tower pressure each year. #winning
Hbf folks come over remember confirm carpark lots full lol. Remember to open your door hard to ding their cars.
My TSS said he is not happy with new org structure. Told me to wait a few weeks to find out. Is it that bad?
So is it still sprint to $1B?
Impact v small lah… retail don’t have many employees one
They really allow all kind of people to join the company nowadays , even those who fail math
Chandra Asli to buy over all Esso stations in Singapore by end 2025. Cut ah
@89xj bro failed elementary math
This percentage makes sense for MPT folks to hit 500 head count… it can be + or - a bit
P: 10%, M: 20%, T: 40%, E: 40%, HBF: 40%
@89vh about 650 at HBF. Don’t know just shut up lah
@89vd ~250-300…
@89sx how many employees based in HBF?
Rubbish… there’s so many support function roles that can be replaced with GBCs and India immediately
@89rg commercial will leave with the office move. Make it so inconvenient that they leave without package. 2 years is a long time and we have PIP!
No commercial meh, still just pmte only
@89my what this man? Say clearly
P: 10%, M: 20%, T: 40%, E: 40%
Don't spread fear La, not yet
@89hn as in, some people are already told they got package?
@89hm operations
@89hb which function
Heard that there are some communication to the SLS these few days.
It is going to be end of October.
Can ELT communicate the outcome to us ASAP?
Of course cut manufacturing La. The process unit, equipment and people are considered opex. To keep the business running, you can keep the unit but you can reduce the people running or maintaining it. Why will they want to cut commercial, those are potential ceo leh
@89c0 I hope I get the package! Stay also chiam… Kio all the sai and in line to get NSI.
i hope they cut more of manufacturing, give us the pay out and let us move on. Since BTC and KLTC can do the job, let them come and do
Hear whisperings from the wall that the bulk that is expected to be cut will be from commercial side. However, manufacturing side will not be spared either. Every non critical teams with existing counterparts in BTC/KLTC are expected to reduce their headcount by 1 or 2. Remaining headcount are encouraged to do more with less. Leadership team advised the local team to work smarter and harder
@8932 so mostly SLS DH? best cut metal fls MEL metal tech also no skill jia liao bee, claim alot OT only can talk LPSA contractor work SUS all sit office OT also the most
EM traders can do alot 1 ok, but maybe that's only in the past. Traders nowadays can't do much
is it true SSM cut 40?
that's why EM in SG has dropped in standards, no initiative, no hunger to do big things
@891t siao. Asking for trouble. Just milk what we can and prepare for the worse.
The only way out is this, especially for the commercial folks in hbf before it's too late.
The benefit is vast like potential pds moment, avoiding the need to come to jurong by 2027 and still being able to work at a good or better location near town. Think about it
The writings were on the wall ever since Rapid Project was announced 10 years ago. Nobody foresee it to be a competitor and took it easy. In 2020, Exxon got kicked off from Dow Jones Index is already a turning milestone. When Singapore declared Carbon tax and increase it progressively. It is already a nail in the coffin. In fact, nobody dare to say CRISP will be a success. Like aquascaping, iwagumi looks very simple and easy to maintain and operate but the truth is it takes pure dedication, passion and patience to rid of all the undesirable variables and keep it in balance.