As the company headcount shrinks in size, are the opportunities for roles beyond 27 shrinking also? What is concerning to me is that I'm seeing high cls being put into 28 level roles. Even some people seem to be taking "demotions".... What about the... — read more
The KL Replacement Effort
Honestly it's just sad going to my site. We all know over the years they've been offshoring jobs. We all know they've been sending a KL or BTC resource to the sites occasionally, but it is truly hitting full throttle now. One of our units is on... — read more
We are officially moving forward with on-site wind turbines in the European Union
The Flemish government granted the permit for the project to place three wind turbines on the site of the ExxonMobil Meerhout Polymers Plant and a turbine on the other side of the Albert Canal in Meerhout. This is an important milestone for the... — read more
Current XOM play is music chair not hunger game
in music chair, every round (year) one chair (8% NSI/PIP) is removed from the existing chairs. this is the exact XOM play for past few years! in hunger game, people fight to death to be the last survivor which is not the XOM case. so folks, let's... — read more
4Q2023 Earnings Call - Notable Highlights
Please post your thoughts from the 4Q2023 Earnings Call on 2 February 2023 https://investor.exxonmobil.com/earnings (1) Cumulative Structural Cost Savings between 2019 and 2023: $9.7 B vs. 2019; leading peers (2) 2024: continued growth in... — read more
What was the pip pass rate in 2023?
Has that been communicated?
LD retirement
Any details on LD’s retirement? At one time, it seemed that LD couldn’t be president of enough things. Did she disappoint DW with her handling of EMTEC?
PIP/Retirement combo play
Does anyone have any good advice as to how best to combine a PIP/PIL (not sure I care to fight the bullsh-t anymore) with retirement planning? Does frugal vacation usage during the year play a role? Asking as an RE who fully expects it to be the... — read more
What is the Layoff(PIP) target for 2024
Is layoff target 8% again this year? It is amazing how executives know how many people Need Significant Improvement prior to any performance assessment.
What's going on?
How come barely anybody mentions layoffs anymore?
Performance group CLs
So I hear there continues to be more and more assessment groups that have widened the CL range, for example CL20-29 in the same assessment group. How do you compare a new hire ~CL23 or even 5-8 yr person CL 24/25 to a 50 year old CL29? This is... — read more
How much CO2e does LCS president generate?
How much do you think our fearless LCS DA generates when he races his high cost porsches ? He tells the world we are working on cutting emissions while he is out racing and adding to the problem for pure entertainment value. Tone deaf much.
Every time I switch groups my rank drops
I have to build myself back up every time I switch groups. Suddenly my sending group tanks my ranking and then I have to build it back up over years. Makes me not want to move groups!
Cost cutting ide executive parties
When Houston rapper Bun B threw a birthday party for his young granddaughter three years ago, he didn't settle for cake and ice cream on the patio. He threw a princess-themed bash for 40 at a 34,000-square-foot French chateau in the Champions... — read more
Cost cutting idea hunting lodge
Executives have a lot of unneeded perks. Have you heard about the hunting lodge? It is hardy used but costs a fortune to keep. Check out how much we spend for executives to have a nice... — read more
HC10 vs HVEC
Isn’t it interesting that we get called “high cost” but we don’t call other places “low cost” High value engineering center rather than low cost engineering center? Why all the carefully chosen words for HVEC but not for HC10?
You've just gotten fired. Here's how to forgive yourself and move on
Figure out how to move on. https://www.msn.com/en-us/money/careersandeducation/youve-just-gotten-fired-heres-how-to-forgive-yourself-and-move-on/ar-AA1lCyT0
Education reimbursement
Anyone get approved to pursue education? It used to be you could go anywhere do anything but now it seems your supervisor has to approve so good luck with there being a consistent approach to how the benefit is administered. Likely only those with... — read more
BTC Employee Perspective
Any BTC employees who can share how they see working at BTC to be. Is it a long term thing for you? A stepping stone to graduate school or a better job? Is it seen as a prestigious job in India?
BTC work hours
What are the normal work hours at BTC? I heard they work late into the night to overlap with US time zone. If true won’t this hurt our ability to retain people there? Once they have been trained won’t they want to leave and work normal hours? — read more
Bakken
How is the Bakken? I was offered a job there but don’t know or hear much about it.
More stock buybacks to help executives make more
Exxon is in the middle of a push to unlock $25 billion in cash flow by 2027. That should pay for more stock buybacks. https://www.barrons.com/amp/articles/exxon-can-thrive-even-with-low-oil-prices-e899c18f
Keep your technical skills up to be secure
In tech, company leaders see layoffs as a way to stay efficient, shift priorities and weed out underperformers — while many employees, particularly those with technical skills, assume that finding a new job won't be that hard, and often they're... — read more
Time for employee bonuses
Prior to COVID I believed that during an industry downturn we would keep going with investment through the cycle. What I saw was we did exactly what everyone else did. Seems if during a downturn there is no upside to being here that when things are... — read more
ExxonMobil’s attempt to silence activist investors should be a warning to shareholders
https://www.theguardian.com/business/nils-pratley-on-finance/2024/jan/23/exxonmobils-attempt-to-silence-activist-investors-should-be-a-warning-to-shareholders?CMP=oth_b-aplnews_d-1 By: Nils Pratley The US oil company is off to court to try to block... — read more
Try this
Just stop thinking https://youtube.com/shorts/DGzcix4SzhQ?si=qRx-oeqReP3-wyB4
"Pulse Check" survey
Notice how there are no options to write in comments. Its not even multiple choice. Just a bunch of leading yes/no questions. They long ago stopped looking for real answers - this is just a comedy show now.
Pioneer Question to soon to be comrades
Team, As we're getting closer to the merger I'd like some insight on what your bonuses look like. I'd say anyone who is making base 90K (Exempt) is at a 14% Bonus Target with 5800 Stocks here at Pioneer I know Exxon pays higher base and lower... — read more
Offsite team building post in LinkedIn
Nice to see our executives and their pals can go have an offsite boondoggle team building at MIT when I can’t even get approved to attend a training course or conference.
Take the PIL
I worked nights, weekends, and holidays after being put on a performance improvement plan. I saved my job, but it wasn't worth it. https://www.businessinsider.com/survived-performance-plan-wasnt-worth-hard-work-2024-1?amp
ExxonMobil is the new Boeing
Boeing, once a company, with a strong sense of belonging, driven by engineers taking proud in producing high quality airplanes became corrupt when financial guys, obsessed with cost cutting and pumping the share price up took the power. Anybody know... — read more
The end of workplace loyalty
Excellent article that rings true. In the two years I've been writing about Americans' changing relationship to work, there's one theme that's come up over and over again: loyalty. Whether my stories are about quiet quitting, or job-hopping, or... — read more
ExxonMobil: Our first lithium well – but “not our first rodeo”
https://www.magnoliareporter.com/news_and_business/local_business/article_f1d3f03c-b873-11ee-a05f-3fdea0eb32fc.html ExxonMobil Newsroom Jan 21, 2024 Updated 3 hrs ago Dylan Vint got married in December to his high school sweetheart, Brooke. But the... — read more
Exxon Sues ESG Investors to Stop Climate Proposals on Ballot”
https://www.wsj.com/business/energy-oil/exxon-sues-two-esg-investors-2057e696?reflink=mobilewebshare_permalink Exxon Sues Two ESG Investors The oil giant says Arjuna Capital and Follow This want Exxon’s oil-and-gas business to shrink, putting them... — read more
Are there any layoffs coming
Hi Are there any layoffs coming in Australia in near future?
Microsoft's Ballmer vs. Exxon's Woods
Microsoft's Balmer era sounds kinda like ExxonMobil now... Great read linked below comparing and contrasting different leadership approaches. Do you think DWW is more like Steve Ballmer or Satya Nadella ?... — read more
Hydrogen is the fuel of the future!
Efficient, cheap, logical! Burn it and it’s just water and oxygen! Why didn’t we think of this in the 1970s? Glad we’re finally going big with this, such an inspiration! Just a matter of time before we switch all heavy industry to this clean fuel... — read more
Energy stocks are out of favor, and the drop in oil prices isn’t going to help.
(Barrons) Energy stocks are out of favor, and the drop in oil prices isn’t going to help. Fund managers had less money in energy stocks heading into this year than at any time since December 2020, according to the latest Bank of America Global Fund... — read more
We aren’t family
Sound familiar? In 2012, Larry Page stressed how important it was that Google acted like a "family." More than a decade later, Googlers can be forgiven for wondering where that family spirit has... — read more