They seem to be quite interested in how Exxon is doing:
https://www.businessinsider.com/exxon-global-cost-cutting-program-layoffs-job-cuts
4 replies (most recent on top)
Business Insider reporting has definitely dug deeper than other outlets. Helped to expose real purpose of changing the ranking process and the layoffs via fake PIP. They leaked audio which showed the real intent of the ranking change was to dump good people onto the street. They wrote about how we are being PIP'd and laid off so our jobs can be transferred to countries with cheap labor.
I was a long time employee and have a lot I could tell about how our company has evolved into the disgusting workplace it has become. But I don't trust reporters. Look at what that fool at the Wall Street Journal published a couple of months ago. He talked to a couple of dozen employees and promised a big story in the Journal to reveal the unethical way the company was laying off employees. Instead he published a weak and lame story about some employee who was supposedly let go for asking a question about EM not going green! The Journal reporter completely missed the mark on the filthy tactics going on at the company.
BI doesn't have the same reach as the Journal, but I hope they continue to dig in and let people know how bad our company's "leaders" have become. Hope they let the world know how a once great company has been destroyed by shameful management. May be the only way the company will change.
One piece I didn't see is a discussion topic on the outsourcing / build up of resources in India and Kuala Lumpur. There are active recruitment strategies for those locations and the rumor is over 200 jobs are available. I recognize it may make financial sense for the company on a pure cost per person basis, but I would have thought there would be more public outrage for outsourcing American jobs.
This reporter and this publication have been on this PIP farce and the related failures that led to it longer than anyone. Good research, especially the admission that the PIP really wasn’t about performance
You're right OP.
They've dug in pretty deep.
This is a very tight summary - more than provided to employees and/or stockholders.
The links buried within sound interesting, but don't have a subscription to BI.
(I'll clear my cookies and maybe see the morsels.)
Thanks for the link.
Guyana.
I here Rosneft is building a big golf course down there with Venezualan labor.
Hmmm.