Remind me what is means "our company biggest assets are our people"- not a word from our CEO about the thousand of employees who were laid off!
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2021/0212_Darren-Woods-shares-reasons-for-optimism-in-message-to-employees
No one said difficult lives but you. No one is talking about what you are discussing but you.
No wonder boomers are obviously the ones with an inflated ego who don't provide the value they believe. They ramble on about off topic conversation thinking they are providing value and experience. I got a bridge to sell you buddy, but I have a feeling you're just going to try to take credit for building and designing it.
10 years experience. LOL. Pup, you wouldn’t even understand what a seasoned employee was talking about, much less how to value it. Reminds me of children in a treehouse talking about how smart and tough they are, especially when mommy or daddy fussed at them. Be sure and tell your parents and grandparents that boomers are all worthless and had easy lives. On second thought, don’t, they might cut your allowance. LOL
To the boomers. Being around for a long time doesn’t make you competent.
Refining engineer here with about ten years experience. Worked at multiple sites. Responding to the boomers below blaming the young generation for company’s current culture problem. Telling you directly from my own experience that although there are many older engineers who are extremely knowledgeable and capable, that the majority of older folks I’ve worked with are extremely mediocre. I seriously wonder sometimes how they made a career in this company, when it’s clear many of them haven’t learned much in twenty plus years and seems like they s—ed *** at the foundational entry level roles. But makes sense considering oil prices were so high and they just rolled with the money machine. It’s seriously laughable some of the nonsense and circular logic I hear from older technical management, some of whom I’ve interacted with at different sites but have no knowledge retention and don’t understand the business. I just try to be innovative and think outside the box. Sad seeing the competent technical folks I mentioned earlier be so marginalized and jaded now waiting for retirement. All of you think you’re geniuses cause you were raised on the gravy train making billions of dollars a year and all you had to do was show up. Now that times are tough and you have to think you’re all exposed. And talking to friends in supply and economist roles especially now they laugh at the c-ap you ask. Y’all clearly haven’t learned the business in 30 years.
Like lemmings off the cliff LOL. Too easy.
Hilarious to read that boomers believe they were the result of creating the global leader this company was yet want to pass the blame for the rapid downfall to others. Hah!
Lol. Someone thinks highly of themselves. Poor investments by the "knowledgeable old timers" are what has ruined this company. Management layers that make zero sense and are bloated are bleeding the company dry. Not sure how any new hire in the last 10 years led to cr@pp investments like kearl, XTO, etc. Besides, there is so much oversight and micromanagement from those same old timers that you think lead to the king of industries (lol, this is the most dipsh!t comment I've seen on this site!) that that new hires are powerless to change anything.
Exxonmobil is a business of commodity. 10~15 years ago, technology was not capable of providing for the energy needs of the world and crude prices >$100/bbl. Exxonmobil was lucky in that it was a large producer and was able to capitalize on this from existing wells during this period. This time period has led to this seriously irrational thought process within older employees that the success was due to the performance of the employees (only the best and brightest, right?). Wrong!
EM thrived for decades, long ranked as the king of not only the industry, but of all industries. The entire time they were very difficult to work for, as well documented on this forum. Yet they survived multiple boom to bust cycles, the Valdez disaster, and challenges of all types and magnitudes. They had both good and awful leaders at all levels. They treated employees well sometimes, and awful at others. There was never any empathy, delegation of authority, risk taking, etc. But, EM did just fine, and many employees at all levels retired well off.
So what changed? The workforce. Once among the most disciplined, knowledgeable and dedicated, now at least one third (and growing) are spoiled, soft, lazy and unable to be successful in this industry. You can rant, curse, or whatever you want, but the new hires over the last 10 years are what is destroying the company. And no, can’t blame it on your parents. You are adults, even though many of you refuse to accept responsibility for what you are. Not all, but many.
And who are these new supervisors that can’t lead? Your peers. Oh yes, you blame everyone and everything under the sun, except yourself. You won’t be able to accept this simple truth, so it is not there to convince you of anything. Just the facts. Keep ranting and denying. EM will simply change the makeup of the workforce and get back on track.
You are NSI....
Speak English
Do not think you grasp that these old are the most experienced ones and as to why they sit at the bottom of the list ... NSI says it all.
Lol. Many old timers are the laziest worthless employees that I have ever come across at this company. To think they are the ones with experience as to make the company better / more efficient when they are the direct result of how we ended up here today.
"Some of the are old and faded...So they sit at the bottom of the list." Do not think you grasp that these old are the most experienced ones and as to why they sit at the bottom of the list ... NSI says it all.
"...some deformed or damaged in some way". Agree: they sit at the very top.
The truth is indeed that dividends are more important than people. So why not be honest as management and communicate that?
I think it's pronounced 'Hey, Zeus!'.
I knew Zeus. Woods is no Zeus.
Heard Woods mentioned Darwin in his most recent speech.
Wrote the 'Assent of Man'.
And the 'Dissent of Man'.
ExxonMobil is the greatest darwinian story ever!
And - actually - my baby brother Jesus wrote the above titles.
Can anyone on this board raise their had and say ‘I feel like I am viewed as an asset?’ I see plenty of people who claim to be good performers posting on here. If you felt yourself to be an asset, I’m pretty sure you wouldn’t be reading a layoff board as cheap therapy.
Why do I have to read a layoff board to realize our CEO tried to speak to his employees?
People are the greatest assets, yes. That is still true, however the company don't need all their assets. Not sure why you think the company needs to praise and coddle the ones being let go.
Not all assets are shiny. Some of the are old and faded, some deformed or damaged in some way. So they sit at the bottom of the list. Some of the time they just need to be let go to make way for the greatest expense, the dividend.
What it means is:
Biggest assets are - “our top performers”, not all of them.
We will purge the bottom when we want to by PIP and layoffs!
We will share the optimism but blindside people with PIP.