Thread regarding ExxonMobil Corp. layoffs

project people being self entitled as usual

Pay at MS, META, Google and Amazon are highly competitive with XOM and other oil companies, plus the stock grants are lucrative (at least in the last 10 years), compared to XOM stock. Poor work life balance because they really can track your performance or lack of performance. Lower bureaucracy and management layers means YOU are accountable for success or failure. MANY FAIL and are cut. OR you are cut because you are in an OBSOLETE technology (pure luck or bad fortune could guide your career).

To my Houston Finance colleagues, read the writing on the wall. No future left for us either. Steep cuts coming soon with 1st wave of Polaris implementation, Ops consolidation and job cuts, slow project activities, daisy chain of job moves from HC10, to GBC, to India, to MSP. Was told I no longer had exec potential but might be able to compete for what was my dream job, which has been downgraded to CL28. Um, no thanks! I'm late 30s, CL 27, know my value, confident to take my chances elsewhere. Hear of lot of you singing the tune 'the same thing happening everywhere'. Be honest. You're trying to justify staying out of fear of the unknown if you leave. Recognize that eventually, the fear will consume you and is no way to live.

@a6 The LLM chatbots the data centers are powering are being developed for purpose of eliminating white collar jobs. Not sure I’m following you here.

@OP Base comp depends on role, years of experience, etc.

Keep in mind that a lot of people at EM are overstating what they make (a quick dip into TWN usually brings the truth out).

I’ve done some recent work for data centers. AMA.

Never stop looking for the next job, ever.

Everyone should be testing the market and opportunities. Exxon won’t think twice or lose any sleep when they fire you to hire another Indian.

Can’t blame em. Why endure the toxicity?

Have you met most of the GP VPs. They don’t care. They have already preselected the winners.
Just do you man. It’s not gonna get better

@a6 ‘Merica! Haha

At least these are in US. Since Exxon changed policy to sc--w project expats. And still try to force us to go.

I think most of those jobs are with the contractors or EPCs. Still could be good

Yeah I have a friend who went to google. Says stock bonuses are paid evenly over 4 years.

You can find lots of compensation info online for those big tech companies like Microsoft Google etc. seems they are more transparent. Just have to figure out the levels

Don’t you know EM including global projects wants people to leave.

I get lots of those messages and calls too. I think some are bs and some are probably real.