Is it me or is there an uptick in resignations from Exxon employees. Not new hires but 10-20 year experience. The company is in a strong financial position and there wasn’t any layoffs or egregious decisions (I.e. eliminating 401k match). Is that what other people are seeing too? Whats going on?
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@1b9 I had a similar experience when I left EM and went to a smaller operator. Many d-mb incompetent pepople who didn’t care, lots more risk taken just due to lack of effort, analysis, and/or due diligence. As a leader in the environment it’s quite uncomfortable because if/when it hits the fan there’s nothing to lean on to support the bad decisions or actions.
The work was a little easier maybe but definitely not zero stress.
I left Exxon for a startup that failed and now at major EPC. The quality of people and work depth is staggeringly different. Way more incompetent and work is way less interesting. I do however only work 40 hours/week and work 9/80s. Pay is similar with bonus, would be much less if pension is included. To me the trade off is can you handle working with stupid people and d-mb work but have zero stress.
Definitely seeing more Campus Cube quit photos posted on LinkedIn in 2026.
As per the presentation last week about targets to move Project Engineering, Procurement, and Fabrication to India, EM desires more Campus Cube exit photos.
@195 Do the figures in 1999 include the gas station employees? We didn’t sell our retail gas stations in the US until 2008 or so. Wonder if those folks are included in the old headcount.
Between 4Q2020 and 1Q2026, there are many LinkedIn announcements (usually with the Houston Campus Cube in the background) where employees are announcing retirement, termination, and "I quit" posts.
In 1999, when Exxon acquired Mobil, we were 122,000 regular employees globally (not counting contractors). At the end of 2024, ExxonMobil was down to 61,000 employees globally.
We have sold very few assets in 25 years. If anything, we acquired Pioneer, XTO, BOPCO, Jurong Aromatics, InterOil, Proxima, etc. over the last 25 years.
Bottom line, "Do more with less regular employees" is the theme in the 21st Century.
Seems like there’s a new LinkedIn ‘I am leaving’ post every day from EM and the so so many from imperial. What Exxon has done to trust is a one way door and you’re never going to get back that trust. And frankly EM don’t care until it hurts results.
All industry view is that opex is bad. This is an American contagion spreading globally
Expect to see more people leave of their own free will this year. The mental exhaustion of working for EM, the annual performance assessment game that is rigged and the low digit increases for even those who are highly ranked is too much for people. It’s the Downstream mentality that opex is bad and people are opex so let’s get rid of people until something breaks
Been noticing the same on LinkedIn.
The 0% raise many of us were rewarded with this year has a lot to do with it. Meanwhile executives piling more and more compensation on themselves. A--holes.
@db the same pension that may not be there when someone that is 30 today retires? the 401k match that was 0% in 2020-2021?
@bf Think long and hard about that bonus statement and all the implications it has on your pension and 401k match….plus what happens if you still aren’t in that top tier assessment category. Companies don’t pay bonus’s because they are more expensive; they pay them because they are cheaper.
@ar+1. Same here.
As an experienced hire who left, my only regret was not resigning sooner. The disrespect and workload was insane. I was constantly gaslighted. Now working for another company with people who work as a team and valued for my contributions.
It is really a comically bad place to work.
Historically, if someone lasted 5-10 years, they would often stay until retirement. Plenty of people now in the 10-20 year range jumping ship. Shrinking opportunities, toxic culture, performance appraisal system that values politics over teamwork, outsourcing work to terrible managed service providers that's pushing workload onto the shrinking number of EM employees. Plus, many employees in that range getting very small or no raises, especially with CL progressions increasingly rare.
@bc the bonuses at other majors are unbelievable. Exxon significantly under pays.
There are several competitors that offer a more attractive compensation and benefits packages. Even more if you pivot towards data centers or LNG.
Honestly, working at XOM only remotely makes sense if you are a lifer, as long as they offer the pension still. Young talent should work here for a bit, and then jump ship and earn more money via better benefits, more salary, sign on and yearly bonus. Life is much better post Exxon. I remember I was afraid until I did it. Now I regret not leaving sooner lol.
“There wasn't any layoffs”? Have you had your head in the sand the past 6 months?
Yeah OP, I’m in that range, got my end “date”, and I’m leaving because I’m not staying here training my BTC replacements.
How many Pioneer people are left?
mid career, rated top Q YoY. My raises have been less than 2% for multiple years. More work comes every year, have to run faster and faster to stay at same spot.
Tell me why one should not look?
I'm an Exxperienced hire that's planning to join the Exxodus. Tired of the lack of respect for my knowledge & experience. Tired of having a revolving door of newbie low cost country people I'm having to carry on my back with no reward for doing so. Exxhausted.
@a5 Exactly right. The people that are leaving are top talent. No, they are not the future VPs, rather the people that knew how to hold the organization together. As it continues to fall apart, you’re one safety incident away from a disaster. Watch the manufacturing sites closely… one will fall.
900 people let go in Canada... A few hundreds in Singapore.
The egregious decisions are the cutting of 50% of exec position over the next couple years, making that goal unattainable for many folks that are mid career.
Also, at least on the finance side, the fact that high cost country head count numbers will be cut drastically by 2028. People are leaving and there no backfills, so work piling up. Less employees, so competition increases and rankings fall, meaning lower raises for more work.
Get out before it gets worse.
Where are you seeing all of these resignations. Maybe folks that hold up my team is heading out.
They’re slowly, steadily managing down the pay/comp instead of a large one-time layoff.