Hearing that we will merge with exxon soon, the discussions have been restarted from what I hear.
If this happens who will stay and who will go?
I know exxon is h3llbent in their ways and will not want to close their woodlands campus
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Employee ranking is bullsh-t and it should be eliminated.
https://jonathanbecher.com/2020/11/29/employee-ranking-can-be-dangerous/
I work at Chevron and my brother who is two years younger than me is a mid level executive at ExxonMobil. I really doubt these two giants will merger or that Exxon acquires Chevron. But given the worse case scenario I’m wrong and Chevron gets eaten by Exxon, I stand to fair out nicely.
EOG or apache seem much more likely than Chevron. Exxon is like a Borg collective: Don't expect to have a job long if you are eaten.
Rumor is XOM Spring campus going to small cubicles next year to make space for some 3rd parties?! ;)
Exxon is buying EOG
Post ID: @dml+1iJYlU8G - hypothetically speaking no worries about you sticking around. Doubt you would make the cut 🤔
@ojf re-org doesn't mean merger in the Chevron world. We do a re-org every other year and it's annoying af.
Given Exxon's size and authoritarian nature, I would expect it to be a takeover, even if they called it a merger. Ask anyone who worked at Mobil.
@2gbb, Except there's no merger, and there's no terms. So there's that.
If it is a merger it could be way better than EOI terms.
If it's so exiting, why didn't you take the package last time, it was barely 2 years ago? Also you are free to quit at any time if you have something so much better to do or go to. What's stopping you, tough guy? What I see on this site mostly is a bunch of keyboard cowards who are all talk is all. No ba--s.
So exciting to think - EOI might be on the table? Please please please.
I suppose after the merger EXXON will equal MOBIL x CHEVRON squared.
After my merger we had five kids and didn’t let anyone go!!! Mergers work!!
Also explains why some ExMorons from California are looking for a house in Houston's River Oaks & Memorial Villages. However, perhaps the new management is already there. Those in Houston probably have a better chance of retention if they want it.
ExxonMobil+Chevron= EMron?
Regulators would never allow it.
At NBL, a large reorg based on “peer benchmarking” preceded our sale by a year or so. This is now well known to have been done for M/A purposes.
Just saying… As an outsider, this seems to explain a lot around here…
Now the high level re-org makes sense. It will allow for an easy spin off oil and gas division to Exxon and Chevron focuses on New Energies.
Ahhh this is where the mention of INTEGRATION came from in one of the other threads.
See y’all at the office!!!
https://www.thelayoff.com/post/@OP+1iGvyGOO
lmao! that would never happen nor would it get approved.
How is the Chevron change of control package? Four weeks plus instant vesting?
Would make sense to close downtown offices if it’s already 1/3 vacant. Unfortunately I will resign or hopefully they offer a package to leave if there is a merger
No way I would stick around. Exxon culture is awful from what I've heard. Not interested in the s h * t show that merger will be. Hopefully anti trust people would hault it.
Check it out. One of many here: https://www.thelayoff.com/t/1iIT9w39
Depends who buys who on which campus wins. Many at ExxonMobil would love to not work in the Woodlands but unfortunately that would be the rank and file.
ExxonMobil employee here. Same rumors running at ExxonMobil. Came over here to check and interesting to see this post.