Thread regarding ExxonMobil Corp. layoffs

So let me tell you a secret...

A dying corporation has signs, drop out from Dow which means industry make up has shifted, smart capital management fund shy away from these risk in long term, Buffet sold his holding long ago, people leaving, downgraded ratings, unhappiness in the work place, failure to attract top talent, asset heavy, high cost to produce product, arrogance, ignorance, lack of innovation, high risk working environment, complicated work process, promote peoplepower corruption practices, legging in competing space, you name it what current status is to make it float/survive that’s all won’t have anymore benefits like in the past high pay rise, good business travel opportunities, fat expat package, hotel training classes…

Because the needs to put money back to shareholders not employees. Want to join or continue to work in this kind of environment, make some smart decision and decide early where and which fish tank you want to swim in the next 20-30yrs.

It’s the fish tank more important than the capabilities of the fish, very capable but in the wrong fish tank you will regret in 20yrs time while no one can predict 20yrs from now but industry revolution history will show some light.

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| 1905 views | | 1 reply (June 19, 2022) | Reply
Post ID: @OP+1hjPpULv

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I haven't been around the company but for a few years, but this week I saw for the first time someone I know get promoted to a manager position that is by far one of the d-mbest people I've ever worked with and is one of the most inefficient humans I've ever seen. BUT, they drink the kool-aid.

That's the first time I've had the thought that there's no way I can work for this company long term.

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Post ID: @cyk+1hjPpULv

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