I can only talk about what has been going on here for a little less than 3 years. I am curious what do you think were the worst business moves and investments of this company ever?
8 replies (most recent on top)
Just about every major decision they've made at KL has been terrible and based on an under qualified and/or inexperienced person put in charge by nepotism or a chain of the same type in Calgary.
I have only been here for about 3ish years too. But it was great initially. Too bad stuff got so weird. I do see what you mean guys mean about the erosion of corporate separateness though. Not sure how we can bring it back. (If we can).
Worst investment? Our careers spent here. Better ROI working somewhere else.
The problem was not any investment decision, the main problem is XOM’s gradual invasion and domination of this company and treating it as a cash cow. I think this got worse in the last 5 yrs, at least in downstream.
This company is being run by Exxon only for the benefit of Exxon completely disregarding IOL’ s future.
I could feel it more after BC took over in late 2018. The guy has no personality or charisma whatsoever, unlike RK. I believe he was hand picked by XOM because of that, to be a secretary who does what he’s told.
If IOL was a standalone company I think it would have done much better.
I can't speak for the entire business, but in Upstream some useless people were promoted as supervisors and team leads. These pups are technically clueless, highly insecure and are grade-A narcissists. They'll rather set people up to fail to cover up their incompetent a-s , than do what is correct for business development and growth Their culture of lies, manipulation and gaslighting will soon take everyone down. God bless
Moving HQ to Calgary tops the list.
@bad: Why not? Why does it bother you? Do you really think that layoffs happen just like that, for no reason, and not as a result of bad business moves?
This is a layoffs page, we’re not here to discuss business strategy. Take it to the XOM page.