Don’t worry. Before cutting aws, they will cut LTNS. 5% across SG perms is a lot of savings.
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What do you mean by beginning ? Team building was cancelled last minute last year. There wasn’t DND as well. It already started last year
Read your contract , 3 month fixed bonus is not even a must for the company to give. Good luck sprinting to 1 billion , don’t stumble along the way
No CNY oranges is just the beginning. Next they will cut pantry snacks. And so on. Then before you know it, bonus cut or no more LTSA or both.
You guys so cheap ah to gian the oranges by the company, go NTUC to buy la , one box is less than 10 dollars brother. Luckily I am out of this hole , good luck with the sprint to 1 billion dollar.
Don’t fall down!
73vz+16zEvLP3
EM save billions not millions from saving not buying oranges for employees
KNN cheapskate act em
em sure no more luck one sure lose more money
Are we really saving oranges to save millions? At least give us two tangerines. Times are tough, but Woodly is still collecting his millions.
the captain is from which department?
where my fellow dragonboat ra-ra people! we need to save the captain
I need my oranges. How can em do this, they can cut my pay by 20% but a man needs his oranges ya know.
Father of dragon boat kena sla-ghtered last year. So this year no more dragon boat already. Even Chinese new year orange also don’t have siah! EM is not making enough profit, How many percentage of employees need to be removed this year?
since when sg employees got bonus lehhhh? talk like id--ttttr
PIP all the second line supervisors and kick them out can also spring to 1 billion.
Need to cut bonus to spring to 1 billion?
That why they decided to spin off but not sprint!!!
Cut cost cut cost, but hire useless experience hire, can't even do simple task, even ask where to find the simple document after 1 year and kept on taichi task to junior engineer, EM need to reflect on the hiring criteria, how to sprint to $1billion, more like sprinting to incompetency.
sg study 2 la, known secret. this year or next year, hope yall strike lottery
@72r1+16zEvLP3 what announcement?
EM Singapore will be sold be batch eventually.
Sar2 has the best talents.
BP has announced plans to reduce its global workforce as part of its cost-cutting initiatives aimed at restoring investor confidence in the energy stock. The company will decrease its global staff by 5%, which includes nearly 4,700 employees and 3,000 contractor positions.
These job cuts will be carried out either through redundancies or by transferring work from the United States and the U.K. to other countries such as Malaysia, India, and Hungary.
Additionally, EM has been working quietly and will be making an announcement in the second or third quarter of this year.
sell sar2 then jurong, save pac
As one CEO stated 35 years ago, "We no longer control the price of gasoline at the pump. All we can control is our OPEX."
The corporate downsizing will continue until are return on investment is consistently above 15% ROI.
Sprint to $1b with layered stewardship. The genius who commited to this deserves to be sacked. Still so much admin and time wasting which can be better put to focus on efficiency
Why did so many ES engineers resigned in the last few months? Trying to siam PA in April?
we go out and work everyday, under the hot sun. PMTE leads meeting all day. BTL, SLS boot on the ground only talk on monday. haven’t seen polymers BTL RL SLS on the ground. SME SAP PP PE. why leh? why huha leadership present but no where to be seen. can only talk become btl then get chong by them leh.
At least Meta is upfront about its purpose and intent. If DW aims to achieve a certain headcount, I would prefer that they just make the necessary cuts and move on. SMLJ PIP PIL NSI NI.
why care so much and debate whether we need SLS or not? care about your July and Dec and continue to farm can Liao..
when asked to give an idea, don't need to put so much thought, provide a few stupid ideas can Liao...
Your ideal will not be used anyway... so why care? remember you are just a number that appears on their spreadsheet..
Please put in some time to improve yourself and spend time with your family.
You are very right correct lah bro
Who cares abt SLS
We just keep on farming sua lah
no need talk so much lah, just farm. SLS always here to stay, not us
The necessity of SLS positions depends on their effectiveness in adding value to the organization. Before the introduction of PMTE and SLS, operations might have been more efficient due to fewer bureaucratic layers and more streamlined processes. Ideally, SLS roles should focus on leadership, empowering teams, and removing obstacles, but if they are perceived as redundant or overly administrative, it indicates a misalignment.
To address this, the organization could evaluate whether SLS positions genuinely enhance productivity and establish a feedback loop to refine their roles. The goal should be to ensure that any leadership structure contributes meaningfully to operational efficiency, organizational goals and bringing value!
Regarding SLS roles, if their responsibilities often seem administrative or disconnected from the technical and operational aspects of the work, they may be perceived as less challenging or meaningful. However, this perception can also depend on how effectively they contribute to the organization and whether their leadership genuinely supports the teams they manage.
Additionally, SLS may be less equipped to thrive in dynamic or less structured environments outside the organization. It is important to avoid wasting corporate resources, and if necessary, it may be appropriate to consider making layoffs proactively.
Manager, what are your thoughts?
Most of the SLS are arrogant. They are trained that way probably, or it's perhaps one of the traits that senior management fancies. I ever had a supervisor who told me that those engineers that resign and left are weak and cannot make it, that's why they chose to leave. In their head, there is only ExxonMobil. LOL.
Being considered a “loser” at Exxon can feel like the only way forward for some of us to truly succeed. For many, the only escape from this environment is to step away—to leave what feels like a version of the “Squid Game” or “Hunger Games.” When you’ve had enough, you’ll leave too. If you stay, it’s often because you’re among the “favorites” or labeled as “high potential.”
Those who claim to love Exxon often seem blind to the reality—they’re the handpicked few set up to succeed at any cost. But for the majority, the system is unforgiving. Personally, I’m seen as a “loser” because I refused to play the game of currying favor with bosses. I focused on doing excellent, innovative work, which sadly went unrecognized and unrewarded.
My success will come when I leave, and use my skills where they’re truly valued. I’ll market myself to the highest bidder because I know what I bring to the table. So yes, I’m a proud “loser” at Exxon, but that’s not a failure—it’s the outcome of a predetermined system where your career level and maximum potential are decided behind closed doors.
Managers hold the keys to your path, including the maximum career level you can reach, but they’ll never tell you. Why? Because revealing it would strip away motivation. It’s all scripted—a role either favorable or unfavorable for you.
Will there be any layoff
the leaders already setting up the company in that direction like nokia and boeing. They are just taking the benefit until the company is done with sg. Nothing wrong with that, just don't get too attached
Nokia - Once a leader in mobile phones, Nokia failed to adapt quickly to the rise of smartphones, particularly Apple's iPhone. As a result, it lost its dominant position in the market. Similarly, if ExxonMobil doesn't keep up with the transition to renewable energy, it could find itself falling behind in the energy sector, just as Nokia did in the mobile industry.
Boeing - Boeing faced a major crisis with the grounding of the 737 MAX after two fatal crashes. The company struggled with quality control issues and regulatory scrutiny, affecting its reputation and business. For ExxonMobil, a shift in public perception toward sustainability, combined with growing pressure from environmental activists and investors, could pose challenges to its traditional oil and gas model, similar to how Boeing's issues affected its standing in the aerospace industry.
In both cases, these companies were once leaders in their industries but encountered significant hurdles that required rapid adaptation to avoid long-term decline. If ExxonMobil doesn’t innovate in response to the global shift toward cleaner energy and environmental concerns, it could be seen as following a similar trajectory as these firms, which struggled to maintain their dominant positions amid technological and market changes.
Exxon Weighs Sale of Singapore Fuel Stations for $1 Billion, Bloomberg News Reports
(Reuters) - U.S. oil major Exxon Mobil Corp is weighing a sale of its petrol stations in Singapore, a deal that could raise about $1 billion, Bloomberg News reported on Tuesday, citing sources.
Exxon operates 59 petrol stations in Singapore under its Esso brand, according to Esso's website.
A sale would allow Exxon to raise cash to deploy in other areas of higher growth potential, the report said, adding that players in the energy industry and investment funds had shown preliminary interest in the disposal.
Exxon declined to comment on the report.
The company has been operating in Singapore for more than 130 years. Its facilities in the country include a refining complex, a lubricant plant, a fuels terminal and a liquefied petroleum gas (LPG) bottling plant.
A potential deal would become the oil major's second divestiture in Southeast Asia in recent months.
Reuters reported in July that Exxon had agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where it used to be a dominant producer.
(Reporting by Angela Christy in Bengaluru; Editing by Savio D'Souza)
https://money.usnews.com/investing/news/articles/2024-12-03/exxon-weighs-sale-of-singapore-fuel-stations-for-1-billion-bloomberg-news-reports
SAR 2 will be sold?!? thought someone mentioned that it is doing well.
Sar2 will be sold. My condolences.
Don’t worry!!! Exxon will be here to stay!!! See all the equipment here how to close shop
And run away??
Your rice bowl here will be hardest as compare to those Tom di-k and Harry companies outside..
By the way it is not easy to get into this world class company!! You should be proud if you manage to get in!!!
Come join ExxonMobil the world class company today!!!
Knn Pui Lan Jiao CB.. Thanks to the “world class” Lan jiao lang in this company that is why this company cannot survive… Hou Lian and purchasing assets while playing golf leads to what it is today..
I will not blame the company for any mistakes, I will only blame those people who make mistake and tai chi away their mistakes. They are still sitting there happily playing golf, while people at the ground suffer like F@rk..
Selling off singapore might be a good thing, because the current leadership team is too weak to lead.. Need stronger and better management whose heart is here to run business , not 8-5 spending it golfing away and blame the ground for poor profits margins or performance..