Thread regarding ExxonMobil Corp. layoffs

Careful there Kathy

“Obviously I’d say”

Why are we paying you so much if you are just going to answer the question with what is obvious? How about some insight for those millions we are paying you?

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| 2511 views | | 8 replies (last October 31, 2022) | Reply
Post ID: @OP+1jqqWyjN

8 replies (most recent on top)

The only logical reasoning n for evacuation of buildings on campus is preparation for a large merger.

If no such merger in the works, then only packing employees into WE3 scenario to promote attrition.

Renovating executive suites while evacuating owned buildings for mothballing then forcing employees to suffer WE3 humiliation is the biggest F U of all employer F U’s in history.

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Post ID: @3ffa+1jqqWyjN

I highly doubt a merger with Chevron. You think the federal government would approve the merger of the 2 largest American O&G companies?

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Post ID: @3fuy+1jqqWyjN

Kathy is spending her time pushing WE3 and abandoning buildings on campus, possibly to encourage attrition.

She should spend more time on mergers and acquisitions to grow the company instead of shrinking the company with WE3.

Somebody should arrive to work earlier that Kathy and take her office. Let her feel what WE3 is like.

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Post ID: @3nlu+1jqqWyjN

Agree on her focus being M&A related. Look at her bio it is full of M&A. She hops from company to company after each big M&A step.

Put the pieces together with the cramming of Spring staff together in neighborhoods. There is no way that investment is being paid off with HVAC savings. Commercial real estate market is long on space, so renting out spare buildings is doubtful. The reason given that it will promote collaboration and satisfaction - really?

Put those pieces together with the multiple ways that the staff is being thinned.

I’m expecting a major merger. I suspect Chevron - complimentary asset base for synergies (staff reductions), minimal retail / refining overlap that excites regulators, generally aligned corporate cultures (not Shell, BP, Total).

My question, will there be a high enough chance of a sweet separation package to keep me around during the most unhappy time of my long career or do I retire before I normally would?

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Post ID: @2bpl+1jqqWyjN

"obviously I'd say... I'm here to milk this cow dry..." LOL
I can't believe your leadership hired this person!

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Post ID: @1idx+1jqqWyjN

KM’s time is likely focused on some big commercial deals - Merger, Acquisition, Divestment, Outsourcing

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Post ID: @hkh+1jqqWyjN

Aka CUT STAFF LIB

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Post ID: @ueh+1jqqWyjN

$3+ million a month buys a lot of obvious statements.

Maybe innovative statements cost $5 million per month.

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Post ID: @yri+1jqqWyjN

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