All supermajors are shrinking workforces either by layoff (e.g., Shell, SABIC), demotion (Chevron’s firing and rehiring at lower CL). We are too cheap to pay severance, our mantra has been to offshore jobs and PIP fire US workforce and hire aggressively to manage average pay per employee down in US. If you are unsatisfied with your ranking, it has nothing to do with your performance, it is all about how your political manager played the musical chair during ranking meetings and sacrificed you for someone else. Leave the toxic job before as soon as you get an opportunity. You will never reach 55 or a retiree status here by being a good worker (impossible to be a good manager in current EM).
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@bc thats what happens to all but a few. How can you justify someone be Outstanding for over 20 years and all of a sudden “needs significant improvement “. Age discrimination!
@fr managers are mostly protected but not 100% and once they move to a new role there is no protection for them.
They used me, a new hire, to make the changes they couldn't handle. Then when we were back to following the rule book, my rating slipped. My work did not. This place is ridiculous. I am trying to get out.
Do managers face the same issues in their rank pool? Are they immune from pips and forced rankings and backstabbing underlings?
Hit me in my late 40´s. I had for 20 years been assessed highly and it was like a switch was flipped when I hit 45. Ranking plummeted. Opportunity went away. Only offered roles that needed to be done but were not valued in the ranking meeting. Raises stopped. RSUs stopped. No way to get to retirement now. I am looking for a new job.