Thread regarding ExxonMobil Corp. layoffs

Upstream / Downstream

Are there several upstream ppl now in downstream like I see so many senior downstream ppl in Upstream roles. Is the reverse also true?


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Post ID: @OP+1m533a669

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Heritage upstream are sc--wed. No raises for years. It is an intentional strategy to bring down compensation for upstream. No RSUs either and low ranking. Notice how all the upstream employees are retiring and being forced out? Even the principal and senior principal engineers are all downstream heavy now.

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Post ID: @c3+1m533a669

Let’s see. DW is from downstream. Downstream/Houston believe this is where the money is made. Most likely Corporate look at this as a chance to let go of “redundancies” . May take 10 yrs to
allow to absorb this merger. Gets them ready for 2030 numbers. I can only imagine what pds and raises will look
Like. Fun times ahead when we should be enjoying life.

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Post ID: @av+1m533a669

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