EM Singapore will be sold be batch eventually.
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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..
wah like this post if you want sgcx to be sold, just want a feel of who is ready to switch side
Darren woods and his sunk cost fallacy, kin kin sell this SGCX and cut loss pls.
Sell oil gas chemical products to Iran
Then can make 1 billion so Technicians no need to sprint like bloody fool for 1B
This also if Iran interested and want to buy em products lah
Try make em great again hehe
Idea??? Have !!!sure have a Lot One!!!
- Buy oil from Russia la, since no one is buying from them. Buying from them sure reduce cost price.
- Can consider to open a plant in North Korea. Since no one officially dare to do business with them, be the first company la, sure have a lot of discount when come to negotiations of land price.
Happy New Year everyone!
2025 will be a great and exciting year for SGCX for sure!
asking base for ideas to improve when the idea is to cut more supervisors, cut more advisors, streamline work process and give more increment to working level. But not gonna happen, the sls over here will just ignore this comment
simi project, won't work 1 la, delay so long. everyone is just dragging it out so they don't go back to base. Base also nobody giving improvement ideas, as if ground level give idea will help the site earn billions.
You can watch Titanic - Nearer My God to Thee on YouTube. You will be amazed at how loyal the captain is, but not the crew!
Why are you still here? There’s no point in staying and hoping this project will succeed. It’s a billion-dollar gamble, and you know it won’t work! Everyone should plan for their exit and let the captain go down with the Titanic. Without the crew, the captain will just mess things up on his own.
OMFG, you sound just like an EM dog. “Documenting the slack or lack of support ….”, who is going to be the owner of the document? And the retention period? Store in sharepoint?
I think you need a workshop in Houston to decide such complex initiative.
target simi CL 27 and senior sls, you from which world? target technicians and engineers la. EM SG works in a diamond shape model
When it comes to the EADS (Employee Assessment and Development System) and contributions from managers, if they’re truly working hard, their impact should ideally be measurable in terms of team performance, process improvements, and employee development. However, if managers are not making noticeable contributions, it’s worth questioning what they are actually doing and how they’re being held accountable.
There are too many managers without clear responsibilities, it can lead to inefficiencies. Their contributions in the EADS should reflect how they’re adding value—whether through driving strategic initiatives, supporting team members, or delivering results. If that’s not happening, it could be a sign of poor management or a lack of alignment with organizational goals.
Managers should be contributing to the development of their teams, whether by mentoring, setting clear goals, or ensuring that the team has the resources it needs to succeed. This isn’t happening, it may be worth documenting the slack or lack of support or leadership, particularly if it's affecting morale and productivity.
So the senior SLS and lead CL27 are the first targets. Is there any strategy to avoid getting caught in the crossfire?
That sounds rough. If they’re backstabbing each other, no one’s safe. What’s the plan to navigate this?
Sounds like a cutthroat environment. What do you think will happen next?
Looks like everyone’s playing chess, but with a lot of drama.
It's a dog eat dog world...and I'm wearing Milkbone underwear
buddy, clear leave isit?
anyway it's a dog eat dog world out there. If want to exit, do it before next ranking.
Do more wrong more… management will only say it is for your exposure or your growth.. stop and think about it, is there anymore growth for this company? After finishing this project where you can go? Will you be promoted to a lead role after this?
If the answer to the above question were NO, why wanna expose yourself risk of failure and blame?
We all know things will definitely goes wrong in project and it will become your mistake and management learnings.
When you kana fire because of that mistake, it will just give your other potential employer a reason LESSER not to hire you. Work smart don’t take in stuff more than you can control..
The more you take the more you are setting yourself up for failure
Management like people like you, work super hard in the name of proving yourself to them. But, behind your back, they highlight your weak points and laugh about it. They justify adding more work to you for the exposure and strengthening your weakness. But when things go wrong, everybody knows who to blame.