Can't wait to jump ship after taking my bonus mid-year!
5506 replies (most recent on top)
Yes, that’s correct. I agree wholehearted that’s it’s a sinking ship. It’s so funny that a lot of the execs and senior managers are saying I’m excited with this new plan to create product solutions but there’s nothing concrete in what they are excited about. More importantly, when I ask around, no one else seem to share that excitement. It’s just an exercise to please DW and help someone pad his PDS for the year but how are things going to change. Lastly, you heard it here first that PIP is going to be 5-8% and not some lower number because they still need to get people out of the system. Listen to the Jack and Neil show- the first Q&A was on workforce reduction and there wasn’t a clear answer given to it. So get ready to buckle up for an exciting ride.
Post ID: @8xedt+16zEvLP3,
Not that they are suckers but rather many are “stuckers” . Stuck in the company cldnt get out. U think the skill set is so transferable . Only if it’s within the oil and gas industry , maybe . I will never ask my nieces or nephews to join this company … the writing is on the wall . Fuel collapsed with lubes , now F&L collapses with Chem. There isn’t any more rabbits in the hat to show the magic . So be wise … don’t listen to all these execs talking c**k . They literally want to young to join to steer the sinking ship until they comfortably retire and you folks left in the sea or shi (dead in Hokkien ) . Wake up , while u still have your youth , pivot out when u still can. Bite the bullet in exchange for longer runway. Don’t be short term in thinking …
And yet there’s still lots of suckers willing to be employees here. No other choices I guess.
As one executive mentioned to the new hires 30 years ago,
"It is far better to be a stockholder, than an employee."
If you are working for Exxon, you are a poor man dude. This is a company that claims stability in exchange for sh---y wages, but of course, management will still claim that it’s stable and PIP is to help you improve.
Let’s see how many years of 8% PIP before the fools at working level wise up and leave this sinking ship quickly.
https://9gag.com/gag/amgvV22?ref=ios
Let’s go!
If no layoff package then PIP will be adjusted from 8 to 50%! Good luck to ELT/SLT and singalong this is a great tool!
On positive side, It’s actually a very good move to trim away layers of fat. After slagging many years and hope that this sleeping tiger will be very fit to run for many years. Esso
Short answer is no.
So please don’t give too big an Ang bao hor. Better save for a rainy day.
No layoffs required when there’s PIP to utilize.
With the F&L-Chem consolidation, will SGCX still require:
2x Manufacturing Mngrs?
2x Process/Operations DMs?
2x Technical DMs?
2x Process Engrg DHs?
1x CFO + 1x SSOC DH?
2x Lab Mngrs?
So many RLs?
And the list goes on …
Redundancy galore!
Restructure??? Long story short, layoff la…
Are You Ready!!!
... I am not.
Exxon announces cost-cutting restructure, plans to move headquarters
PUBLISHED MON, JAN 31 2022 1:42 PM EST
Reuters
WATCH LIVE
KEY POINTS
Exxon Mobil will combine its refining and chemicals businesses into one, and put its energy transition business on the same footing as its other operations.
The broad restructuring marks its latest cost-cutting effort after activist investors seeking to boost returns and address the energy transition won three seats last spring on its board.
The restructuring will not impact fourth quarter financial results, which the top U.S. producer reports on Tuesday.
Consolidation of ref and chem is still ongoing. What a news to greet the folks in the new year despite the high oil price. There is no job security guarantee. EM is an organisation that works for shareholders. It now needs to satisfy both the old folks who cares about profit from fossil oil and play the green energy game. Musical chair game continues, focus to make yourself visible, work hard alone doesn't gurantee your future!
Mr. Wood (kayu) is showing off to the world that he is the best CEO for the investors by performing cost cutting measures even with $90/bbl oil. I just realise he looks like sponge bob square pants. You know...squarish face.
Aiya people know that regardless how good of an engineer you are you still can’t bet those peers in management.
At the end Hi Po will all go management as the bar Exxon set for management is far lower than technical specialist.
Why need to on stand by 24-7, when you can work the usual hour and focus on looking good ? The B:C is so clear.
EM really betting on many wrong horses, fast track SLS in 5 years and move them around for a few roles and promote them to Manager. No wonder many always makes wrong judgment. Sitting at the ivory tower and collecting big fat check.
Oil may hit $150 and a surge could 'definitely escalate an inflation scare and with up to 10 times interest rates adjustment before 2025, the future will be as bad as 2008.
High oil price will be driving more people to switch to EV which resulted poor downstream earning.
Looking forward to more 3-month AWS years and double-digit% increments to come!
Lai, lai ah ….. si beh ho tan!
We Are ExxonMobil
Yeah !!!
So after all the 2020-2021 head chopping, it looks like alls well that ends well!
The ship has stabilised and with crude now touching $90/b, it looks to be all good now.
Dallas is happy and so are our shareholders.
Everyone is happy and no one is leaving. Working hard to show Jack a nice picture when he comes in 2 weeks time.
Is Singapore's turn now to see the great resignation?
@8jnfl: you mean Chairborne Rangers? 🤣
Rumor has it that PIP rate for 2022 is still at 8%. Let’s shout We Are ExxonMobil! This is proof that PIP is really a tool to improve performance and not a layoff tool. We have swung back to profitability but there’s still 8% of us not putting in their fair share of effort, so we need to help them. So get ready to work on your improvement plan or your resume folks. Good luck!
One country jobs lost another country gains… part and parcel of the game.
Many jobs can be found here:
https://jobs.exxonmobil.com/search/?q=&locationsearch=India&startrow=25
Insiders leaked 2022 - 2025
HW3 = How and Where We Work for F&L and TMTS = Transforming Manufacturing Technical Support for Engineering Services are outsourcing them to KLTC/BTC.
My advice is to shift to somewhere which is more career prospective.
WTF em after happily PIP good hardworking loyal people now getting our help to recommend friends and relatives to join em now even no experience needed also can
Signs of panic desperation or what
Make tiktok video lah to attract new talent
Heheheheeee em ohhhh em
@8jypk+16zEvLP3
Yes, I agree that there are a number of incompetent nMPT FLSs in this forum, spewing their convoluted re--rd views ….. to “cho hee” only.
Their only purpose is to inject angst and anarchy into this forum.
About 35% of those in CL25-and-below cohort were promoted in Jan 2022, to the next CL (though not necessarily to a higher appointment/position).
And except for the NSIs, everyone got a decent salary increment.
So I suppose a major segment of those staying behind, have a greater reason now, to look forward to knock-on promotions, to backfill senior positions that have been vacated in 2021.
And with that, more $increments$ coming!
Upward mobility now looks so a lot more real and attainable for many, with some positions above having already been shedded.
So good luck to all!!
Haha. Key board warriors making noises in forums.
Seems like a lot more loyal employees in Singapore, willing to plant trees and shout we are ExxonMobil than the group here is willing to accept. There will be no lack of people staying! Take your negativity to the Shell job board instead!
Did attrition pick up in Jan at all? I thought supposed to have exxodus?
Search “Dead Sea Effect”. This can be accepted through empirical observation. HBT, those left are highly competent enough to be marketable. What remaining are mixed of loyal and incompetent ones like our nMPT FLSes. I guess many technicians have enough of being leech/abuse by their ‘anyhow’ authority. Please start the cleansing ritual soon. I am not going to recommend my close friends and family to join this company unless absolutely no other option.
@8jfgs+16zEvLP3
You must be a low-performing DH then.
Don’t forget that one’s salary is a function of CL, RGP and YEE. Hehe
You don’t know what you don’t know.
DH don’t have 30k la. I should know, I’m a DH. If you are holding out for a 30k payout, please don’t do that. Less opportunities in SG. Take care of yourself.
Maybe what you said is true, or were true, that the DH's were holding things tight and making things work.
But, is that what they are supposed to be doing? Did anybody ask them t take this? Whatever you had described here like hiring new employees, looks the only usful things that they are doing, and even for that, and the bullshiiit you menimtioned about blablahblah they have been going thru all the sh-t that happened to the working bees, I am sorry I really cannot be compassionate, I cannot be compassionate to a person who is earning 30k monthly who is doing a simple HR job, for me it is worth only 3k.
So essentially, the question is, do you really need those DH's who are just doing what you described? Can a second line do it?
And, apologize first, from what you are saying, I feel Compex engineer is as useless as DH. You guys are the fat in this orgnization that make things slow yet spending more money than competitors.
you write and sound like a complex I know. Good to see you here ^^
I am a Complex and I think the DHs are really the ones holding the fort now and running the whole manufacturing sites’ show.
They have also stepped up the re-hiring of new engineers (including experienced hires) to maintain the balance and competency at support levels, despite the attrition.
So to the naysayers here, IMO, the DHs do deserve their >$300K pa salaries lah (plus nice houses and posh cars too).
Let’s give them credit, where credit is due. After all, they too are faced with the same sh-t thrown to all of us (yes, salary freezes and PIP included) by DW and his team.
I rather spending more time sending my resume than writing EADS, totally waste of time and 8% PIP/PIL is still a nightmare to many.