Thread regarding ExxonMobil Corp. layoffs

Salary

Are they equalizing Upstream and Downstream Salaries? How exactly do they plan to do this? No raises for upstream and big bumps for downstream?


by
| 21 views | | 4 replies (last 27 days ago) | Reply
Post ID: @OP+1m4znbx48

4 replies (most recent on top)

The new norm is to hire people at 1/10 normal salary.

No need to equalize salaries, just keep the gap and encourage people to voluntarily leave so can open more positions to fill with people willing to work for 1/10 salary.

by
| | Reply
Post ID: @fk+1m4znbx48

“If you want a recipe for unhappiness, spend your time accumulating a lot of money and let your health and relationships deteriorate.”

by
| | Reply
Post ID: @c4+1m4znbx48

Hahahahahahahaha. Got a good laugh there, suggesting a potential big bump for downstreamers…..

by
| | Reply
Post ID: @bh+1m4znbx48

Two strategies being utilized simultaneously:

  1. No big bumps for downstream just no raises for upstream until inflation brings upstream down to downstream curve. Gaslight upstream employees and rank them low to blame no raise on their dropping ranking.

  2. PIP, demoralize, drop rankings, etc of upstream employees and push them out through demoralization so they quit or retire. Give good roles to downstreamers who have zero qualifications for the role because anny engineer can do anything and experience no longer matters.

by
| | Reply
Post ID: @a6+1m4znbx48

Post a reply

: