I’m middle management and got word from my manager that there will be layoffs of middle management (actually lower management SLS) by December. He gave me a heads up that I should be looking around as he can’t save his job or mine.
He said that ExxonMobil has decided that they need to cut costs further due to reduced driving, and reduced air travel in addition to the anticipated reduction in gas usage due to increased production of electric cars. He said that they had too many engineers quit and don’t need as many in middle management.
Anyone else hear anything about more layoffs? I started looking around as I don’t want to be the one to turn off the lights.