Thread regarding ExxonMobil Corp. layoffs

indians only hire indians

other people hire fairly

the result in inevitable

remember this next time you see india brag about the number of indians ceos. it’s nothing more than a product of this festering

behind when indian ceo is a huge center of excellence in india started 15 years ago

Welcome to the last 10 years of EMIT.

It su-ks, but it is the reality inside and outside this corporation. Winners don't share - nothing personal. AI coming for your jobs as well. Believe it. The least they could do here is make the comp model and assessment system reflect the reality this is not a long-term career and you can't make 7 meaningful layers of distinction within your "best asset" people who remain. But those are working well as stealth layoff tools. Go start a business and keep your dignity and sanity. Every big corp is going to treat you the same and we could just have other senior execs here doing the same thing.

EM outsourcing every discipline possible.

This is very far from the company I started working for 20 years ago.

The people that EM hires for 15% of HC10 salaries have zero loyalty and fully expect to jump to another company within 2 years if another company offered them 16% of HC10 salary.

@OP EM has been going this route for a while across all of the various businesses, unfortunately. EM used to be, for better or worse, a tight (rigid even) institution. Now that outside interests have gained a foothold, EM is like any other corporation.

All of the early career learning positions were there for that institutional and life-long journey. After the infiltration, they were deemed low-value and merely transactional. Once you stop investing in your people, you can be assured that the culture, pride, and loyalty quickly erode.

@e6– your attempt to demean others reveals low self esteem and past hurt experienced in your life, so so sorry for you 😣. Either your head is in the sand, or you are an engineer who is also a slow learner!! Work migrations initially began with transactional and repetitive activities — and certain work disciplines were thought to be ‘safe’. Not the case. Stay tuned. Engineering jobs leaving too…..

@e6 And computer science majors that were graduating with six figure jobs up until recently that now can’t land a job should have picked a different degree. Hindsight is 20/20.

Personally, I would have had to do 2 extra years of school if I would have switched to engineering when I was deciding to change from natural sciences to a business degree my junior year. I didn’t want to take out student loans to do that and start working 2 years later. It probably would have been the right decision in the long run, although the opportunity cost of 2 years of no salary and extra tuition would have been about $160k. Probably would have taken 4-5 or so years to break even. Or I could have tried investment banking or sales and been making significantly more than the engineers here. Gotta make the most of the decisions I’ve made.

You should not have had to drop out of engineering and change to accounting.

Not just tax. All the entry level controller jobs do not exist anymore in the U.S. (revenue accounting, cost accounting, financial reporting, financial accounting, etc.). All jobs an undergrad would have as a new hire to learn the basic fundamentals for an oil and gas company are gone. As well as the early career supervisor roles that people 7-8 years in would have overseeing those teams. I feel bad for students graduating these days because large corporations have sent so many opportunities overseas. I’m at that stage where I should have had a supervisor opportunity by now and they are few and far between at this point. I need to go somewhere else if I want some management experience in the short term.