Thread regarding ExxonMobil Corp. layoffs

People are too quick to quit

I understand not being completely satisfied with your job but leaving right now when things are good for a change makes little sense to me. If you are certain that you're not in the bottom percentile that will be affected by PIPs, why would you risk leaving and ending up in a worse situation at an uncertain time (it has happened to plenty of folks)?

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| 3001 views | | 18 replies (last April 24, 2022) | Reply
Post ID: @OP+1gmRVHE6

18 replies (most recent on top)

I looked at myself, I was not happy with my position nor what I worked on. I looked at my supervisors, managers, vice president and I don't want to be like them. So I left

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Post ID: @3gja+1gmRVHE6

Because your definition of a good time is sad. Being in EMIT, it is still not strategic in the US and so if I’m not going to have a long term career at Exxon, then all I’m left with is evaluating the short term career at Exxon. Exxon paid me 1/2 of what Amazon is now paying me, and at Amazon I can reach the equivalent of a CL32 in pay in the next 5-7 years with just good/above average performance. Would’ve taken me 25-30 years if I was insanely lucky, working 60+ hours, and doing a lot of sucking up at Exxon. So both short and long term Exxon was fu----g me. Not to mention that Amazon/AWS has a much brighter future than oil and gas. Not saying it’s going away anytime soon, but it’s definitely not going to massively grow over the next 30 years. Why do I stay? Amazon has even better benefits! And no on call for me! And I’m staying in Houston, so my costs aren’t changing at all. Just making significantly more for less work. #hotshot

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Post ID: @1cyo+1gmRVHE6

I’m sure I was a rarity, but I was in the upper 1/3 and was laid off. People need to shift their thinking from long term career to maximizing their NPV. Ended up being a blessing in disguise for me because my new company has a large variable pay component to compensation, so I am benefitting big time from the current bo-m. Squirreling it away of course preparing for the next bust.

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Post ID: @1qyg+1gmRVHE6

There is no such thing as perfect places...even if you join a new company, you will still find flaws in the new company...for me, you have to really know what you "really dislike" that trigger you to leave EM, and make sure that the new company didn't have it...if it is about salary at EM, make sure your new job give you more salary...if it is about ranking, ask about it during your interview on how they conduct the performance assessment....

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Post ID: @1axl+1gmRVHE6

My old boss at EMHC told me today that attrition is at 25% right now. Even with that, PIP/layoffs will continue this year. It’s PDS season and buttholes are puckered.

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Post ID: @1rnw+1gmRVHE6

That's always managements line. "Things are improving, raises will be better next year". Just give enough hope to get you to put in an extra 3-4 hours per day. Then when you end up in good or NI and next to nothing raise it will be about how this year was much more competitive, but don't worry good times are around the corner and raises will be better next year ...

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Post ID: @1wxp+1gmRVHE6

I am not at all surprised by this line of thinking. ExxonMobil attracts the most risk-averse of people. ExxonMobil intentionally creates a risk-averse culture and “performance” programs to self-select the most risk-averse employees. Such employees will remain loyal because they are scared of the “risks” of jumping. We are a multi-hundreds-of-billions dollar corporation…. Do not be so naive to think that every corporate decision, along with the cause-and-effect, is not purposefully planned.

In my opinion, people (in general) do not quit enough. It is human nature to undervalue the lost opportunity cost of not jumping… and overvalue perceived stability. There’s a big, wide world out there with many more lucrative opportunities for advancement and self-fulfillment, if one can stomach the discomfort of uncertainty!

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Post ID: @fqn+1gmRVHE6

“If you feel sure you won’t be ranked in the bottom” - Lolol. Like so many before that felt that way and were hit with PIP.

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Post ID: @jfk+1gmRVHE6

It is much better to interview and negotiate with potential employers while you are fully employed as opposed to unemployed. This is basic market psychology 101.

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Post ID: @dba+1gmRVHE6

How about leaving to join a company that values their employees, actually cares, doesn’t sc--w over annuitants, embraces flexibility . . . Nah- none of those things are worth leaving for.

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Post ID: @usq+1gmRVHE6

When my know-nothing department head (3 levels of management above me) is solely in charge of my ranking, yes its time to leave.

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Post ID: @gsb+1gmRVHE6

Nice to see that Stockholm Syndrome is alive and well.

https://en.wikipedia.org/wiki/Stockholm_syndrome

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Post ID: @fhr+1gmRVHE6

LMAO 😂😂😂😂! Management is starting to post here!

  1. They thought employees will continue to be loyal and put up with XOM BS culture and practices forever!
  2. They don’t understand that ppl will jump off the sinking ships when market is Red Hot for workers since XOM lost its employment stability and behind the pay benchmark.
  3. They haven’t yet realized that DW and the board is now placing the pressure on them to lower operating cost (fixed and variable) and get better and more busy with hiring since the new norm is up or out.
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Post ID: @gbg+1gmRVHE6

Things might be good for the company right now, but that doesn't mean they are good for the employee. All US employees took a 7% pay cut (401k) for a year and didn't get pay raises for 2 years. The company is not going to come back with a windfall pay increase to make up for it.

The company is making a concerted effort to reduce headcount by forcing people out or incentivizing people to quit/retire. The culture and behavior exhibited and promoted by HR and upper management is extremely toxic.

All of this is taking a mental/emotional/physical toll on employees. People are leaving for health reasons as much as money reasons.

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Post ID: @qot+1gmRVHE6

Live and let live.

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Post ID: @zor+1gmRVHE6

OP is a fool. If you are NI or NSI and have YEE < 30, you should definitely be out the door. Otherwise you have zero career aspirations and zero self respect

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Post ID: @fmu+1gmRVHE6

OP you got it backwards.

When "things are good for a change" is the best time to leave.

This is temporary. Oil prices will turn down. Management is pathetically attempting to erase the memory of 2020 and 2021 with their "have fun" and "energy transition" bs, and it looks like it's working with you.

Don't be fooled OP. When oil prices turn down, the "good for a change" will evaporate and it will be all 2020 and 2021 again.

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Post ID: @bhl+1gmRVHE6

You don’t seem to understand that the “bottom” does not mean they are a poor performer. We’ve had very good workers placed in the “bottom” and PIPed. You cannot be certain your lotto number will not come up.

Understand the game, and you too will be very nervous.

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Post ID: @zut+1gmRVHE6

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