Thread regarding ExxonMobil Corp. layoffs

I’d assumed they wouldn’t even TRY to answer that one, so honestly I give than a bit of credit for reading it aloud and at least tap dancing around the answer.

@1law+17B0SDKc It’s for show. To fool the sheep’s..

https://www.youtube.com/watch?v=6E2hYDIFDIU&ab_channel=akjgo1994
Cash Preservation Idea
Since XOM CEO is so bullish on LT prospects for XOM, CEO and all Sr. Executives, Executives, Directors, Plant Managers, Refinery managers, Department Heads, Section Heads, any one making over $250 in Salary and stock options should be paid in XOM stock priced between $60-$70 (2019 where DW got 25% raise and $24 Million in Salary). This will send a strong message to Wall Street about true faith by the entire management team n the LT prospects on XOM. This will save roughly $5 Billion in savings and put a smile on 70% Retail Investors (Retirees, Widows etc) holding XOM Stock for dividend income. This will also free up cash for Engineers that deliver significant bottom line monetary value for the company consistently for number of years.

CEO Darren Woods so far has purchased 500 (Finviz) (2858 Nasdaq site) shares of Exxon in open Market as of Feb 2020, while he talks of long term play and commodity cycles with conviction on CNBC. Hardly a pocket change for him while he talks of Cyclical nature of business. Why he and other Sr. Execs of Exxon Mobil not purchasing 1 Million shares each and show conviction, put money where mouth is! so far only Andrew Swiger and Neil Duffin have purchased 30K shares each much more than CEO Darren (leader of the pack) with 500 shares! Until I see strong conviction buys in open market by the Executives I am not averaging down. Yes I am a shareholder of Exxon Mobil. Meanwhile Exxon Mobil Investment Mgmt Research has been selling XOM at low prices why?? do they not know better http://www.j3sg.com/Reports/Stock-Insider/Generate-Institution-Portfolio.php?DV=yes&institutionid=3290.

https://www.nasdaq.com/market-activity/stocks/xom/insider-activity. Also AUM under Exxon Investment Research Mgmt have declined from $15-16B to $.3.5B. It’s fillings are now hard to find. Check out fintel or whalewisdom. Darren Woods gets 25% raise in 2019 while XOM Mkt cap gets cut in half and gets booted out of DJIA while an APC engineer who makes additional $35Million/year does not get a penny in bonus no raise for 7 years of more and ranked at bottom 20%. Happens Only in Exxon Mobil under the excuse of 360 degree evaluation! https://www.dallasnews.com/business/energy/2020/04/10/exxon-mobil-ceo-darren-woods-got-a-25-pay-raise-in-2019/
Safe Harbor info: https://ieefa.org/wp-content/uploads/2016/10/Red-Flags-on-ExxonMobil-XOM-A-Note-to-Institutional-Investors_October-2016.pdf

Why are there no records found under https://whalewisdom.com/filer/exxonmobil-investment-management-inc-tx, what does it mean? Please share your views!

Do not make any brash decisions get info https://contactdirectors.exxonmobil.com/ Challenge my views openly, do your own diligence. Question! Question! Question! including my writings
Please check in my posting https://www.linkedin.com/in/vivek-dabholkar-103b447/detail/recent-activity/shares/ for authenticity and additional insights into XOM!
Cash Preservation Idea
Since XOM CEO is so bullish on LT prospects for XOM, CEO and all Sr. Executives, Executives, Directors, Plant Managers, Refinery managers, Department Heads, Section Heads, any one making over $250 in Salary and stock options should be paid in XOM stock priced between $60-$70 (2019 where DW got 25% raise and $24 Million in Salary). This will send a strong message to Wall Street about true faith by the entire management team n the LT prospects on XOM. This will save roughly $5 Billion in savings and put a smile on 70% Retail Investors (Retirees, Widows etc) holding XOM Stock for dividend income. This will also free up cash for Engineers that deliver significant bottom line monetary value for the company consistently for number of years.

@OP+17B0SDKc

Lmao that is the perfect question!

At this time, Darren's CEO approval rating on Glassdoor is 34%. That is lower than POTUS' approval rating in a historically-unpopular administration. Think about it.

16. S. Chevron's CEO has a 89% approval.

@bzf+17B0SDKc

Our portfolio is the best ever since the merger, but yet, our stock price is close to the worst. Why is this so? Even if we mention those fools on Wall Street don’t appreciate us, our supposedly rock solid fundamentals should have given our stock a nice pop right? No? Come on- we have to go back to a 25 year period before we can outperform our peers or S&P. Our shareholder returns $$$uck at any other time horizon, and DW can shamelessly go on stage to tout how he’s doing great work - developing industry leading portfolio and organizing business along value chain (to little effect).

While he and his MC gets a free pass, our Performance Assessment judge us on an annual basis from April this year to March next year. Nauseating! Can someone boot him out so that we have someone who’s a real leader to run the company please?

Test

@OP+17B0SDKc Lawl! I was hoping they go into a “We are ExxonMobil” chant to brush this question off! Epic.. while they do not believe in it too.. they have to say and do the “right” thing to keep their jobs.

Pity..

That is amazing! Although that will probably be the last time they allow anonymous questions, and they'll probably start "approving" questions first before they can be viewed/voted.

Next forum, I'd expect only the questions with a name attached that are flattering to management will be approved/posted.

The only people who are #winning are the senior executives who can do no wrong despite absolutely dismal performance.

Perhaps- but why is it that DW got a 25% raise in 2019 when over his tenure all my stock is underwater? Look at all the communications to employees in 2020, all the sacrifice is in the workers and nothing in the leaders. The leaders blame the workers for leaks to the media, are always caught off guard with their messages and rush to communicate after the fact, and you’d think we don’t have an entire division centered on PR or communications based on this.

Even the planned communications take the form of patronizing “thanks for YOUR hard work and sacrifice” and not once has there been anything close to a “we are all in this together, here is how Sr management is giving a pound of flesh in these unprecedented times...”

It all goes back to the employee forum a few years ago with DW justifying his raise at the expense of “flat to down” for everyone else by saying “I am underpaid compared to my peers.” The best example, if true, of stating a fact in the most tone deaf manner possible. True leadership

Isn’t it a bit foolish to blame them? We all know that it’s because of covid and these Wall Street investors that just want a quick buck and can’t appreciate our long term vision. After all, our portfolio is the strongest it has been since the merger. #WeAreExxonMobil
#BestAndBrightest
#OurEmployeesAreOurGreatestAssets
#Dividend4Eva