Thread regarding ExxonMobil Corp. layoffs

Exxon’s ‘toxic culture’ drives workers from a once coveted career- Bloomberg

Exxon Mobil (NYSE:XOM) is making more money than at any time in its 140-year history, but the company's "long-simmering toxic culture has employees heading for the exits" to the tune of 12K departures in the past two years, according to a Bloomberg analysis published this week.

An investigation involving interviews with more than 40 current and former employees, as well as reviews of dozens of internal documents, reveals one overriding reason talent is fleeing, according to Bloomberg: "a culture that's increasingly out of step with the world around it... [an] insular and fear-based culture... [that] has become a drag on innovation, risk taking, and career satisfaction."

Bloomberg said Exxon's (XOM) performance ranking system, which pits employees against each other, dominates the day to day, and subordinates are told not to speak out against their bosses in meetings for fear of being placed at the bottom of the rank and pushed out.

"Agreeability to senior leadership has become more important than capability," according to one executive who left the company last year after 20 years

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| 4151 views | | 26 replies (last January 27, 2024) | Reply
Post ID: @OP+1qDcYFQm

26 replies (most recent on top)

@8clz+1qDcYFQm

Unless your knowledgeable others (KO's) are V.P.s or Presidents or Country Managers, the feedback is ignored.

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Post ID: @9dqy+1qDcYFQm

In other news, water is wet.

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Post ID: @9xgo+1qDcYFQm

ID: @7tsu+1qDcYFQm The reality is almost without exception KO feedback provided to supervisors in CareerConnect is totally useless with zero effort put in by the KOs. Most KOs don’t even respond or provide any feedback. No surprise considering in many cases you are competing against the KO improviser in the rank session but even when this isn’t the case KOs often don’t reply or put in worthless feedback that can’t be actioned.

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Post ID: @8clz+1qDcYFQm

When your supervisor tells you it’s not what you do, but how you do it, you realize this is no longer a business based on meritocracy. It’s no longer about achievement but appearance. It’s become a political ‘who’s who’ club. High school was more reasonable than dealing with the currently politically overcharged ExxonMobil management mindset. The performance management system has become a mix of the hunger games and twister! You get knowledgeable, others feedback, which is tossed out the window if the collective of managers don’t think you tow the line. This cadre of spoiled brats usually have no idea who you are, and only work to serve themselves and their own rankings.. it’s a complete sh-t show! And you wonder why people leave in droves.

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Post ID: @7tsu+1qDcYFQm

I think Campus regular population is down to 4.5k right now (Jan 2023). I think it will flatten at 3.5k in the next two years.
How can the Campus be justified, unless you're planning to acquire someone and their employees soon.

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Post ID: @7ewr+1qDcYFQm

@ckv+1qDcYFQm, are you saying TG was competent as HR head and had plans to turn things around. No way! She was the most incompetent, spinless, and a fake puppet to failed people but won Darren!

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Post ID: @5yly+1qDcYFQm

@2kti headcount is down that much. Pre-covid, only 65-70% of people were on campus at any given point. Travel, vacations, meetings occur in all orgs so people aren't always around. It looks much worse now because the numbers are lower. The retired and attrition positions in Houston have all been backfilled in low cost countries.

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Post ID: @4vdf+1qDcYFQm

Global Projects has entered the chat...

The most top heavy narcissistic self absorbed dysfunctional stone deaf organisation in the company! It'll do well come ranking!

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Post ID: @3bkq+1qDcYFQm

It’s a commodity business which means high volume and low margin. Commodity business need people to operate the assets and some SMEs to make sure someone doesn’t do something stupid. Other than that, 75% of the people including researchers, managers, team leads, supervisors, business managers, business development, marketers, “strategist”, “advisors”, etc. can go. Many of the Execs and VP are not needed. Most have little understand of the business they oversee and do poor job of “leading” at that.

Would not be surprised if the numbers at Spring get reduced to 3000. It’s very top heavy right now.

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Post ID: @3iqy+1qDcYFQm

I don’t work at EM, but why only 50% occupancy at Spring campus? Are a large contingent WFH, or has headcount truly dropped that much?

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Post ID: @2kti+1qDcYFQm

I think XOM will end up with 3k employees in Houston by 2027. It begs the question, what do you need a Campus for? Cheaper to rent a building for sure! I think we're young to see another 2k reductions in Houston in the coming years... Sorry

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Post ID: @1pye+1qDcYFQm

@cqv+1qDcYFQm
Looks like there’s another (same?) young imb_ecile who has discovered the secret why he’s such a looser: “the barbarian boomers”. Yawn.

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Post ID: @1ogw+1qDcYFQm

Older article however it’s more applicable today than ever. It’s sad really….

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Post ID: @1mck+1qDcYFQm

So let's guess where the Houston headcount will stabilize. Today (Jan 2024), it is about 5k employees on Campus. Correct me if you have a better count, but defend it with evidence. My basis is the 50% occupancy of 9 buildings with max headcount of 1k each.

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Post ID: @1xuu+1qDcYFQm

It’s pointless to argue to change a toxic system when that system worked for those at the top.

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Post ID: @dvz+1qDcYFQm

HR had the info that was needed to help the culture. Darren didn’t want to change it.

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Post ID: @ckv+1qDcYFQm

What I can't believe is that it is still getting worse, and supervision and management are in total ignorance of what is going on directly in front of their noses.

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Post ID: @jho+1qDcYFQm

This is an old article. Still true, but old news.

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Post ID: @mrb+1qDcYFQm

Ha! Yeah, rare honest take on what this industry.

I see those "yOunGeR GeNs aRe ToO LaZY tO wOrK OiL JoBs"

And I have to say, I'd much rather have a fake job, making fake sh-t, being paid well, treated well, sleep pods, free lunch, stock grants, celebrated by society, ect.. then being back in a refinery, being exploited by a bunch of masochistic warlord and barbarian boomers, for pay that's alright, but not relatively enough.

Is working tech meaningful/productive? Not to me, it's Clownworld.

Do I care? No.

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Post ID: @cqv+1qDcYFQm

Yup

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Post ID: @bbb+1qDcYFQm

Clinton has entered the chat

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Post ID: @pad+1qDcYFQm

Good journalism. Wow.

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Post ID: @ury+1qDcYFQm

Having employees leave in the high cost countries is a plus, not a minus according to upper management.

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Post ID: @kvs+1qDcYFQm

Check

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Post ID: @bfs+1qDcYFQm

Yup, sounds about right.

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Post ID: @wrt+1qDcYFQm

Sounds pretty accurate to me

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Post ID: @two+1qDcYFQm

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