Thread regarding ExxonMobil Corp. layoffs

Management has no clue how to cut cost

I’ve been sitting in on the various management meetings and it is obvious to me that management has no clue how to cut costs. Their best ideas include shortening the length of meetings. I have a revolutionary idea. How about we get rid of some of the non value add meetings instead of just making them shorter.

The minute the economy rebounds there will be a massive wave of resignations. I’m sure they are too blind to even see it coming.

#winningnotwinning
#icebergdeadahead
#manthelifeboats
#racetotheexit
#exxodus

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| 1602 views | | 4 replies (last December 15, 2020) | Reply
Post ID: @OP+18oo3W5X

4 replies (most recent on top)

Not to mention once those at BTC have experience they will likely jump ship unless paid more.

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Post ID: @2ngk+18oo3W5X

@1lvr+18oo3W5X

The company is going to lose a lot of technical talent and expertise. You can't operate lean and low cost if you get rid of all the experience. The company is NOT banking on that.

Though the id–t Management seems to believe that KLTC and India has enough experts there for them to be considered our expertise. Even though there is going to be a huge wave of inexperience coming into both locations to pickup the work of lost employees.

Same sh– we do in EMRE, not enough experience and those with it are stretched thin with very little oversight causing all sorts of issues. All our projects s— and don't work because they are worked predominantly by people with less than 5 yr experience.

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Post ID: @1cwj+18oo3W5X

You realize they are banking on people leaving voluntarily to further reduce costs? The more people leave voluntarily, the less they have to pay out for severance.

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Post ID: @1lvr+18oo3W5X

Why are you waiting? Leave now please.

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Post ID: @1haw+18oo3W5X

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