I accepted the PIP after 10 years of service. Anyone who has left ExxonMobil prior to retirement, is a pension lump sum available? Anyone know who to contact regarding this matter?
Baton Rouge chem plant hires dummys
The chem side in Baton Rouge has got to be the worst recruiting classes ever !! Most operators don’t know their jobs and most all the FLS are clue less!! They promote based on gender and race , not qualification . Place is pothetic !! Bye bye
Rockefeller Science - done tapping out Mother Earth, then tap the blood of the servant
Nuff said. If they touch the old men's pensions - there'll be some old skeletons coming out.
I am 52 and was placed in NSI.
I am now doing a PCP - similar to PIP except at the end I keep my job. I’ve been told that people aged 52-54 are “safe” and will not be fired unless you give significant cause like not showing up for work. Anyone else in this same situation and... — read more
Has anyone hired counsel?
This is BS
First Exxon Layoffs, Now Loss of 401(k) Matching
I came across this article today. It talked about how Exxon went from laying people off with PIP to now cutting the 401(k) matching contributions. Has me wondering what is next? Check out the article here... — read more
What's next to go?
10% of US Employees gone, most of the contractors gone, 401K matching is gone, most projects cancelled. So what's next? Cut pension? cut middle management? XOM assets are over-valued and once that's corrected, it's definitely a nose dive for what... — read more
Oil and Gas Reserves Threatened By Low Prices
From Bloomberg. Exxon Mobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books. If depressed prices persist for the rest of the year, “certain quantities of crude oil, bitumen and... — read more
XOM Match on 401K contributions - now kaput for good
Oh - that lovely 7% match on your 6% savings - all tax-deductible by the Corp(se) and lead to the end of pensions. Even that is gone now as of this month. (Mgr stock give-away not impacted). Only if you've been in the system for a while does... — read more
Incompetent pool of employees, supervisors, managers, VPs and Executives. It was long coming!
Inside observers have seen complete and utter degradation of this company through prolonged hiring, recruiting and promoting some of the worst talents (sorry I meant talentless jerks). If you ever heard talkative employees, supervisors, managers... — read more
Business News Reporter writing about ExxonMobil Louisiana operations today
Business news reporter at The Advocate Newspaper, the largest news outlet in Louisiana is working on a story about the Baton Rouge, Louisiana ExxonMobil refinery. It's a major employer and a big operation. Anyone who works there or knows anybody who... — read more
American workers should not suffer disproportionately
Wake up America!!! Regulations are long overdue. American oil and gas workers should not have to shoulder compensation, retirement or health benefit cuts disproportionately to our international colleagues due to not having unions or legal... — read more
Loyalty counts for nothing
20+ years of service and now I'm treated like an inmate. Thanks for revealing your true colours there boss man. I will enjoy watching the ship sink.
Voluntary Severance Packages
Has anyone heard of any voluntary severance packages? Has that ever happened? I just don't believe in the future of the company and rather go elsewhere.
Get rid of the management!
The only way to get Exxon back on the right path is to get rid of everybody in the upper managements and all the executives and put smart and competent people in their place. What we have right now is ruining the company! And somehow, it's us who get... — read more
#firewoods
Do you think he is the problem? Should he be fired?
Cost Cutting - No Trashcans and No more 401K Match
So it looks like that EM will continue to keep cutting costs and we will have to bring in our own toilet paper soon. For those going into the office, they took away the trash cans. They wanted to cut the cleaning staff so they went from trash... — read more
Xto move to Houston
Anybody got regrets moving there family from Fort Worth to the compound in Houston ? Just curious. Are you better off now if so? Me and my wife thought about going for about a split second and said no thanks. I never met one Exxon implant in ft... — read more
Management get treated differently
I retired recently, but still keep in touch with old colleagues - many are friends and even neighbors. I remember at least 2 occasions when they talked about how compensation was set. At the working level, they compare salaries with a mix of... — read more
nasdaq
https://www.nasdaq.com/articles/exxon-plans-to-suspend-employer-match-to-employee-retirement-plans-in-oct-sources-2020-08?amp
Those who chose the PIP
Anyone PIP’d and staying? Did you get your PIP yet? Have you been told its impossible to be successful?
ExxonMobil is Suspending 401k Matching
Sent: Tuesday, August 4, 2020, 02:29:46 PM CDT Subject: Urgent Notification: ExxonMobil Savings Plan Changes effective October 1, 2020 Union Leadership: Given the current business environment, the Corporation is taking steps to reduce... — read more
Retirement packages only to management?
I recently heard that they are offering retirement packages only to eligible management....can anyone confirm if this is accurate? And is this their version of PIP’ing middle and upper management? Throwing money at them along with their... — read more
ExxonMobil pays dividends to shareholders at the expense of employees losing jobs and employee benefits being reduced
This company's management is unscrupulous (a serious understatement). EM employee benefits have been cut in the last few days. Using the excuse of poor performance, EM is cutting 8% of its worldwide staff just to avoid calling it... — read more
Not retirement age
What if you are vested but not retirement age? Do you lose your retirement?
Outplacement is bullish!t
I signed the papers over two weeks ago, and I still haven’t heard from Right Management, the outplacement service part of the separation package. It goes to show, once again, that the company is either full of empty promises or that, as usual, they... — read more
It's time to clean the house
Exxon needs to get rid of middle management who shuffle PPTs and utter LPSAs, JLAs, and Assess Analyze and ACT mantra. They have little insights into the process or controls, and how to make money in Chemical Plants/Refineries. They have expensive... — read more
State of Affairs at the Exxon Mobil!
Examples of Incompetence within Exxon Mobil with no consequences for the (Mis)Management Exxon Spent $10B on Sabine Pass LNG, by the time project came online (Thanks to LPSA/JLA/LPO methodology and fat project budget) market had shifted and US... — read more
Any idea if HR is subjected to PIP?
Any idea if HR is subjected to PIP? Imagine if your only job is to improvement the Organization effectiveness. Will be interesting to watch.
Experienced managers and individuals, what truthful advice will you give to those still in early career in this company?
With the lack of transparency, I am sure you know inside information that will alter the career choices we make. Hope to receive some insightful advice.
I retired in 2013, how did we get here?
Now I am reading all these negative posts - it's more than clear that the worker is unhappy. How did we get here? Good luck all!
Old and New
The old ranking system had an inherent bias against more experienced workers. It seemed inevitable that these competent professionals would slide down on the rankings. They were overrepresented in the bottom third. It was also not unusual for them... — read more
Guesses for asset write-downs in the coming months?
All other O&G majors have adjusted balance sheet as a result of prolonged downturn. Why has Exxon taken a different stance?
No supervisors were PIP'ed in Baytown. They kept the worst and fired the best
This will backfire on them.
Shame on ExxonMobil
You hired the brightest young professionals from top ranking institutions, and then fired them within a year or two without any prior feedback of nonperformance. Would you train or nurture these bright professionals or destroy their confidence and... — read more
The Humbling of Exxon
https://www.bloomberg.com/features/2020-exxonmobil-coronavirus-oil-demand/
Culture of developing sycophant supervisors, managers, and more?
To employees: Curious if what is being seen today is a result of a long systematic erosion of quality and productive work culture through significantly rewarding poor human qualities to lower and upper level management roles? Could it be possible... — read more
If you know if unethical behavior go to the press
Shine a light on the bad behavior. Go to the press. Choose a paper/news outlet that management cares about and that is widely read. Don’t be complicit.