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)

the big consultancy firms pay quite well. I just heard another colleague got a pay raise probably higher than her SLS. It is a win-win situation and definitely a winning behavior to leave.

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Post ID: @56czj+16zEvLP3

I am a relatively new employee in chemicals, with 3 years of experience. I was ranked outstanding in my first two years and excellent this year. i have officially tendered my resignation from my position to join a consultancy firm last week. EM has given me a lot and it will be a key part of my life.

want to highlight that there are actually a lot of companies out there that pays better actually , even shopee pays relatively better. We also have employees ranging from PE, lead PE and even SLS joining the big 3 consultancy firms (MBB) and they are earning 2-3x of what I am earning in EM right now.

All the best and good luck to all

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Post ID: @56kjm+16zEvLP3

Exactly lah!
If people who had already resigned this year, all got their pro-rata bonus for 2021, why are the fu-tia-dangs in this forum even debating whether the rest of us will get full AWS by year-end?
It’s a no-brainer right? No?
These are EXACTLY the strawberries that EM needs to weed out!
No helicopter view.
No big picture thinking.
No long-range vision.
Fire them CMI strawberries all, and just go re-hire the lot lah!

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Post ID: @56fnq+16zEvLP3

Oil producers are playing with fire again, cut o/p to raise oil prices. Short term gain and long term pain. This spike in oil prices are driving more people to switch to EV sooner. Let’s see

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Post ID: @56xjt+16zEvLP3

To the younger employees, its just a question of YOUR shaping up, or shipping out!!! You decide what floats your boat.
It actually benefits the company in weeding out early, such outliers - as we go through the next phase of re-hiring sooner, more than later.
The Chemical MGVs are already doing that.
We wait for no one. Especially the Shopee aspirants!

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Post ID: @55ivu+16zEvLP3

@54shz+16zEvLP3
Absolutely!
Folks who had resigned in 1H21 all got their pro-rata 3-month AWS fulfilled.
So why should the rest of us remaining here, be held ransom to the “uncertainty” of the same in YE21?
This all points to the immaturity of many of the posters in this forum - many of whom are relatively young employees, of the strawberry generation kind.
All they are flustered about are AWS cut and salary freeze. Very shallow thinking lah. Duh!!

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Post ID: @55lgl+16zEvLP3

@55ddv+16zEvLP3
Regardless of the uptick in crude price, Lubes and Olefins margins seen recently (1Q21), these could still be a day late and a dollar short for EM Corp.
Our corporate debt, in billions, still bind us to being tightly Capex-strapped, which is preventing the immediate cash-Gen realisation that the business units so desperately want/need, to penetrate new growth markets and to invert the negative cash flow!

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Post ID: @55wzd+16zEvLP3

@55ykx+16zEvLP3
But these are the “living dead” whom are earning salaries to the tune of $300K pa, and higher - that have no qualms of remaining behind. Laughing their way to the bank. AWS cuts and pay freeze notwithstanding.

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Post ID: @55tlb+16zEvLP3

It's the elevated oil price now that is holding the company together from falling further, reversing some of the poor decisions it made previously. Its very likely that we will see another oil price downturn since this is a cyclic business. How the company performs then depends on how much it learns today. For that, there will be many painful decisions required to correct the ship back on its course. There will be casualties. I can only hope the sacrifices are worthwhile and that the company will learn from its mistakes. Too often those so- called strategies or action are merely demonstration by a group or individual to be seen competitive and aligning with company vision. (No thanks to competitive performance assessment). Whether those actions yield meaningful result and is sustainable (discounting the inflated metrics and self praises) often remains a question mark. When the company balance sheet is in great shape, it still can afford to make mistakes (and, toying out with many "great" ideas) but not so when it is now in debt by billions. It has been living in its own world long enough. Now, it's time to wake up or forever perish in its own dreams.

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Post ID: @55ddv+16zEvLP3

Those cl 26 and above are half boiled frogs ,half cooked and half dead , how to jump out of the slow steaming p-t ?
Broken trust between employees and company is like a ship with a broken rudder ….. directionless , going in circle.

Those who are young , still not half cooked will jump off and get a new life . For those who are half boiled or cooked and dead, does it make a difference if they perish with the sinking ship? After all they are already half dead or dead anyway. So I don’t know what we are so proud that we are staying behind 😩 . Literally , we are taking a gamble to see whether we outlast the ship or vice versa …. The living dead .

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Post ID: @55ykx+16zEvLP3

Many more employees are staying. We even got to sell Santoprene to get them out. That’s how attractive we are!

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Post ID: @54iya+16zEvLP3

The discussion was always 2022 and beyond. 2021 no AWS cut.

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Post ID: @54shz+16zEvLP3

Seeing most of the talented ones getting jaded and leaving...

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Post ID: @54glq+16zEvLP3

2021 aws was already approved in last year’s salary planning cycle.. the current one is looking at 2022...

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Post ID: @54zmg+16zEvLP3

No aws cut for 2021 or 2022?

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Post ID: @54sqx+16zEvLP3

@54dmd+16zEvLP3

Considering the number of negative likes, it’s pretty obvious they are still lurking here and earning miserable pay in their new company

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Post ID: @54ncx+16zEvLP3

Just confirmed no AWS cut for 2022 but don't expect significant pay rise. Its been a journey worth waiting for. Let's work together to get the company back on track. We need each other in this tough times.

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Post ID: @54zvv+16zEvLP3

@54nxd+16zEvLP3

Yup I'm a strawberry. Stupid me upskilling with online courses and accepting an offer with higher pay and more growth opportunities.

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Post ID: @54sxr+16zEvLP3

You mean eat snake …………….. errrr I mean python, at Shopee issit?

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Post ID: @54vml+16zEvLP3

@54gwz+16zEvLP3
You can re-skill yourself what.
Take up coding, learn Python.
AI, Machine Learning, Data Analytics.
Or join our favourite sonofagun company - Shopee, to do front-end website administration.
Everyday can sing and dance with Mark Lee and Phua Chu Kang leh! Hehe

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Post ID: @54bjd+16zEvLP3

Blardy h e l l !!! ….. so strawberry meh?
Cut AWS only want to resign oredi ah?
The strawberry gen all don’t know what hardship is.

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Post ID: @54nxd+16zEvLP3

Staying because stuck lar. Where to go? Nothing to be so proud of.

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Post ID: @54gwz+16zEvLP3

People that were laid off are spreading the rumours too… Imagine being this insecure and sour…

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Post ID: @54dmd+16zEvLP3

No lah. Everyone is staying. Only a few departures on the youngsters side who can’t take the hardship. Majority of the Lao Jiao still staying behind!

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Post ID: @54kcc+16zEvLP3

Pay freeze! AWS cut is only making things worse. Many are already on the borderline to leave. Once there is no financial incentive to stay, these people will leave.

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Post ID: @53cmx+16zEvLP3

Be glad there’s a pay freeze. Else it’s a AWS cut. Which one will you choose?

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Post ID: @53nuu+16zEvLP3

Pay freeze is coming again for 2023...are you all ready and excited to WIN for another year?

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Post ID: @53zdg+16zEvLP3

There’s not a lot of leaders in Singapore - but lots of great managers who’s really eager to toe the company line and parrot DW. That’s how you progress in this company!

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Post ID: @53nka+16zEvLP3

Once hiring freeze lifted, mgrs will want new faces, old faces will be pushed downwards. unspoken fact.

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Post ID: @53rij+16zEvLP3

Seems like many are hoodwinked by sweet talk from your mgrs. When hiring freeze is lifted you are no longer useful to them

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Post ID: @53kly+16zEvLP3

Snakes around spreading fake news about AWS cut.

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Post ID: @53dvx+16zEvLP3

What and who shared yesterday?

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Post ID: @53ldk+16zEvLP3

Stop lying about no bonus cut! It’s already shared yesterday that the matter is still under review!

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Post ID: @53buc+16zEvLP3

The greenpeace incident shows you that our leaders say one thing in public but actually in private, they are doing something else- which benefits them personally instead of what’s wrong. Damn good at putting on the integrity mask.

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Post ID: @53ciq+16zEvLP3

It has been confirmed there is no bonus cut for 2022. Pay increment limited to few.

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Post ID: @53xrv+16zEvLP3

Let's see how many people will stay after PA results are communicated in the upcoming days/weeks. I'm ready to take PIL if offered.

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Post ID: @53jeo+16zEvLP3

Everyone losing trust in DW. It is the same when employees have lost trust their trust in leaders, and anything once their mouth opens in sg, our eyes start to roll.

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Post ID: @53kji+16zEvLP3

DW really seems to have issues keeping a tight ship.

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Post ID: @53xif+16zEvLP3

Our chairman and CEO, Darren Woods, issued a statement on today’s recorded interviews… “Comments made by the individuals in no way represent our company’s position on a variety of issues, including climate policy and our firm commitment that carbon pricing is important to addressing climate change. The individuals interviewed were never involved in developing the company’s policy positions on the issues discussed. We condemn the statements and are deeply apologetic for them, including comments regarding interactions with elected officials. They are entirely inconsistent with the way we expect our people to conduct themselves. We were shocked by these interviews and stand by our commitments to working on finding solutions to climate change.” Darren Woods, Chairman and CEO of ExxonMobil

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Post ID: @53etj+16zEvLP3

Worse still, you are stressed but you are not highly paid for your troubles

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Post ID: @53etv+16zEvLP3

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