When layoffs happen, everyone says “it’s business, not person” and “the decision was made above me (managers)”. However, I find that after being laid off and reaching out to my colleagues who’re still employed by the company, it’s met with dead... — read more
Dead site now
Lots of drivel and trolling. Good time to give this a break for a few months when new interesting information about % NSI, announcements, etc
I just watched an interview of Darren Woods on YouTube and
He opened up friendly and stated that no questions were off limits. He noted that he had thick skin and void take anything they asked. Then a little later into the hour long forum the moderator asked him how many platform did they have in a version... — read more
Recovery is here, good times ahead, All Smile
Good situation for 2021, all relax and be happy. https://seekingalpha.com/article/4396898-exxon-mobil-back-to-basics-for-top-integrated-energy-pick-for-2021
After all the cost cutting pains do we still have wasteful Expats?
With so many good colleagues sacrificed, I wonder if we still have many expats in US, UK, Europe, Singapore etc. draining company wealth while on a long paid family vacations? How should the corporation deal with greedy expats in the next round of... — read more
Forge Energy II Buys Oxy Southern Delaware Basin Acreage
40,000 net acres
False Harvard, Stanford,.... graduated claims by some employees
There was a post on this topic that was deleted for some odd reason. It is fair that such events be discussed with honesty. OP had correctly noted that there are several low level managerial wanna be employees in EMIT and UIS who take (?) online... — read more
9/80’s, Bonuses, etc
In the past as I’ve gotten in my car as my neighbor has waved to me on his day off every other Friday I rationalized to myself slow and steady wins the race. I bought the myth of we don’t have bonuses and don’t have 9/80 but in a downturn we will be... — read more
Exxon signals up to $20 billion writedown, is dividend next?
https://mobile.reuters.com/article/amp/idUSKBN2942DV Not sure how we can still afford the dividend going forward. DW has some fire sales going on with assets?
Best Explain of the Dividends
Playjurized: It's all about brittle old cracking stacks of long-gone plant ancestors. Try to say it better!
No Warn Notice
How has Exxon been allowed to lay people off without ever offering a warn notice?
Toxic Culture - Assessments
Instead of focusing on the work I have ahead of me in 2021 that is actually going to be stimulating, I'm focusing on the upcoming assessment cycle that is probably going to be brutal. If they keep quotas, most of us will be shifted down to fill the... — read more
Tech Companies coming to Texas
There are a number of tech companies moving to Texas. Oracle - https://www.businessinsider.com/oracle-moving-to-austin-hq-silicon-valley-texas-2020-12 HP -... — read more
So you want to be chairman of Exxon? Good read!
https://www.google.com/amp/s/www.texasmonthly.com/articles/so-you-want-to-be-chairman-of-exxon-2/amp/
Will the COLA return to Midland and Carlsbad?
Company asked me to move to Midland from Houston and like a good soldier I said yes. Now stuck paying my boom town priced mortgage without the cost of living adjustment. Any idea when the COLA will return for those of us paying expensive living costs... — read more
Will the 401k match return in 2021?
Yes? No? Any guesses for when it will even be mentioned again?
Chevron merge with Exxon to form a new Chevron?
https://www.google.com/amp/s/www.barrons.com/amp/articles/exxon-and-chevron-should-merge-analyst-argues-51602517256 He thinks the combined company should be called Chevron. A merger would allow them to rebalance that equation. They could... — read more
Rovuma LNG or PNG LNG expansion FID in 2021 with current cost, security and gas prices?
Some of us were looking forward to these projects.
In Colin Powell’s words - Don’t let your job define you...
“Don't let your ego get too close to your position, so that if your position gets shot down, your ego doesn't go with it.” Colin Powell In Powell’s autobiography he mentions a time when he almost lost his career from a bad performance review... — read more
XOM ends the year at -40%
Congratulations to all XOM leaders. Your 2020 performance has been outstanding with distinction.
How CEO’s are running America
https://www.google.com/amp/s/robertreich.org/post/614754009713131520/amp
Can pensions be terminated?
https://www.google.com/amp/s/www.washingtonpost.com/business/2019/09/09/your-pension-plan-benefits-may-not-be-an-ironclad-you-think/%3foutputType=amp
Learn from others
I’ve been reading about companies that encountered disrupting market forces and how they reacted. Grab a beer and read this article. Then consider what our likely future looks... — read more
New Leader will not make a difference
Replacing DW with Mittens / kittens is not going to matter. It will have the same level of effectiveness as $hitting in your pants and changing your shirt...… hoping it will make a difference🤣 The bottom line is our industry is going through some... — read more
UK REDUNDANCY & PIP THREAD
This is a thread for those in the United Kingdom who want their questions answered or simply shed light on Redundancy / Career Progression / PIP / Plan B i.e. Leaving EM and alike. I am Ms "EM for Life" with 10+ years of Top 3rd ranking in... — read more
Nothing has changed
https://www.thenation.com/article/archive/romney-still-reaps-huge-profits-bains-vulture-capitalism/
More news
https://mg.co.za/article/2018-09-25-nugent-bain-company-in-a-dangerous-position-as-evidence-piles-up/
Engine1 &Engine2
A little history on these so called investors. https://www.google.com/amp/s/www.rollingstone.com/politics/politics-news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-183291/amp/
Change the company: Change the board.
The energy industry and the world are changing. To protect and enhance value for shareholders, we believe ExxonMobil must change as well. https://reenergizexom.com/
Cost of Living Adjustments Eliminated
Curious if cost of living adjustment was eliminated for everyone or just those of us unlucky enough to have been sent to Midland. Elimination of the cost of living adjustment pluc savings plan match has me making nearly 1/3 less than I was told I'd... — read more
XOM not participating in CARES act 401k withdrawal program?
Anyone know why XOM is not allowing 401k distributions under the CARES act to avoid 10% tax penalty? Especially for those laid off?
I need a break
I'm pretty sure we all need a break. This year has been brutal in every possible aspect. With everything that's been going on, having to wait for months to find out if we'll be losing our jobs or not in the middle of a huge economic crisis was just a... — read more
Exxon - That's it.
I've had it and I made a decision to jet. I am on the IT side so it may be easier to do this but I am taking courses now and will try to break into health and lifesciences IT - not sure where this will take me but i've had it with oil and gas... — read more
Now at 23 percent
DW can't be happy to see his approval rating on Glassdoor go down so rapidly. The man was near 50 percent in August and now it's down by more than half to 23 percent. I guess employees are making their dissatisfaction known where they can. If... — read more
Next round
I’ve got an exit strategy in the works and I’m wondering how much time we may have left until we’re hit with a round of layoffs? I’m hoping we’ve got another 3 ½ months at least. Then again you never know with this company. One could be right around... — read more
Happy Holidays!
To colleagues impacted by the VIP program, I hope this holiday brings you peace and strength to face what lies ahead.
Competitive Compensation???
Prior to the layoff announcement, I applied for other jobs as a backup plan in case I got laid off. My job ended up being safe, but the exercise really opened my eyes to the fact that ExxonMobil's total compensation is not nearly as competitive as it... — read more
XOM doesn’t have 401K match
I was just told by a friend who used to work for XOM that EM stopped the 401K match, no bonuses and no salary bump this year. And you guys are upset you got laid off? They did you all a favor!!! Let me guess, though. Upper management still gets... — read more