Thread regarding Shell Oil layoffs

Gretchen...laid off.

Follows Zoe and others. Collette is now President and EVP GoA. Wael is disciplined and consistent on cuts...gotta give him that.

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| 3795 views | | 29 replies (last June 18) | Reply
Post ID: @OP+1jth14j74

29 replies (most recent on top)

@hv Nailed it! Good riddance to the Gretch!

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Post ID: @6dd+1jth14j74

Been working in the oil patch for three decades I have never seen such group of a-s, clowns and windbags in my life. She was a literal cheerleader. Then did a horrible job at cheering. I can’t believe the stupidity of some of these people she didn’t even understand the business she was managing what a garbage human being. Her role best seem served as sitting in the backseat of a 57 Cadillac with a mum waving at the homecoming parade. Good riddance to the rubbish

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Post ID: @196+1jth14j74

@jk+1jth14j74
Collette's single personality trait is that she's ambitious. Will be interesting to see what happens now that she's hit her SEG. Like most of our leadership, she was pulled into that track long before knowing how to do the work.

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Post ID: @p4+1jth14j74

Look at the org beneath her now too....so many people supporting that office without clear tie to value delivery.

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Post ID: @m7+1jth14j74

@hg+1jth14j74

ya know what’s funny - many answers in this thread are partially correct.

shells modern talent pipeline consists of finding the cheapest graduates in india possible.

save money. “diversity”. graduates only.

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Post ID: @m0+1jth14j74

Hope she doesn't let the door hit her a-s on the way out. It was past time to flush the toilet.

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Post ID: @kw+1jth14j74

so we gettin rid of christopher or what, lot a hungry gogetters waiting for they chance and they didnt fu-k this place up

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Post ID: @km+1jth14j74

@jk+1jth14j74

Colette looks the part but I find her executive presence pretty underwhelming. She’s a Nola native and started in DW, so I think that gives her some credibility that was lacking otherwise. She isn’t very inspiring or a visionary, though. Definite upgrade from Gretchen and a higher ceiling / potential if she can shake the PC talk and get back to the nuts and bolts of running an oil and gas company.

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Post ID: @kk+1jth14j74

Gretchen hitting the exit is as welcomed as another President, John Hofmeister (RIP), getting out of the chair. How did a guy with a career in HR ever get to lead a major oil? We need fewer figureheads with multiple acronyms after their names and more leaders with dirty fingernails from being on the factory floor.

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Post ID: @k2+1jth14j74

What’s the vibe on Collette? Is she competent or another DEI promotion?

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Post ID: @jk+1jth14j74

No leader in the history of the company destroyed more value for company and negatively impacted more employees in such a short time. Imagine liquidating an entire LoB in less then 5 years…in my opinion the Unconventionals Sr leadership during her time will be remembered as the most incompetent and inept group ever assembled and as we watched assets disappear across the USA and Canada (Permian, Appalachia, Deep Basin, Fox Creek, Foothills) this LT focused on patting themselves on the back while executing Avanti layoffs during the middle of a pandemic…shameful group from Gretchen right through to her self serving HR VP…todays announcement feels like a course correction that was long overdue. Well done Wael!

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Post ID: @hv+1jth14j74

Thoughts and prayers

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Post ID: @hn+1jth14j74

@he+1jth14j74

In her most recent Townhall, somebody asked how we plan to retain talent given all the internal turmoil, lack of progressions, etc. Her answer was directly on DEI and had nothing to do with keeping high performers. Tells you all you need to know about what she meant when she wanted to “Develop US talent.”

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Post ID: @hg+1jth14j74

Remember when Gretchen first started and her stated goal was to "Develop U.S. talent"? How'd that work out?

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Post ID: @he+1jth14j74

Salary increases contributes to higher inflation. The Canada Country Chair that got the boot must have been using Gretchen's notes. As we were fed the same BS.

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Post ID: @fg+1jth14j74

About time we had a respectable Country Chair again. EC is probably the next step for Colette.

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Post ID: @fc+1jth14j74

That position just got a MAGA Makeover

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Post ID: @f3+1jth14j74

@er+1jth14j74

She unilaterally pi---d off the entire US staff when she wrote that salary adjustments wouldn’t be made to combat inflation. She also said they’d make special adjustments after they had actual inflation data. Well, the next year rolls around and the consensus is a 9.1% inflation rate. Silly me thought Gretchen would follow up on her word. Nope. She takes the stance that “Shell benchmarks against its peer competitors and there was no warranted adjustment.” She was a mouth puppet that said whatever management wanted her to say. She was the least authentic “leader” I have seen in a long while. Good riddance.

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Post ID: @et+1jth14j74

@d3+1jth14j74

lmao. i’ll never forget her saying that raising salaries causes inflation so that’s why shell won’t do it

exactly the kind of totally unhinged nonsense take you’d expect from a DEI vendor. they really do all smell their own farts and think it’s justice to hand out free stuff to the “good” groups

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Post ID: @er+1jth14j74

It is hard to call it karma when she is getting paid millions of dollars to leave. (assuming the same package as others, maybe high rankers could get more? They certainly have more stock and delayed stock payments.)

Using her words back at her, "the above asset costs went down." I guess that just like she viewed others, she is just an above asset cost. Those were good times when she'd have townhalls telling people about reducing above asset costs.

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Post ID: @db+1jth14j74

Gaslighting Gretchen really helped us out by not contributing to inflation.

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Post ID: @d3+1jth14j74

Not really sure what she did other than openly tell the US staff that she was going to hire based on one skin color. - cr-p like that does not fly in the current political environment. Oh,, and her town halls were an embarrassment.

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Post ID: @cm+1jth14j74

Keep in mind Country Chair is supposed to work closely with Washington DC. Gretchen has been very vocal and on the record about DEI. Agree or disagree, the current administration is going after DEI.

Gretchen also was a Democratic donor. Despite those donations only being local, you have to think the current administration in the energy department knows Gretchen’s political affiliation. The Republicans haven’t taken kindly to opponents recently, so it’s really no surprise she is out.

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Post ID: @ba+1jth14j74

@b1+1jth14j74

No Gretchen was just a pawn in the corporate playbook. She would say all of the “PC” things and hand off any difficult question to someone else to deflect. Her kind is falling out of favor as the pendulum swings and it was easy to consolidate her job because it was as essentially nothing material.

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Post ID: @b9+1jth14j74

I thought that all Gretchen knew how to do was cut cut and cut. How is she not part of the organization? I thought all a leadership person needed to do was orchestrate layoffs and work to minimize the pay out. Is there a point where they can just hire someone cheaper to cut people and otherwise not do anything except hold townhall meetings. I loved how she would hold a townhall meeting and get a HR person to tell almost nothing about the downsizing

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Post ID: @b1+1jth14j74

Gretchen was the byproduct of the 2020+ era where companies all pushed virtue signaling. Her answers were always word salad nonsense that made her sound like she was better than you despite not knowing anything about the business.

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Post ID: @az+1jth14j74

the man has one trick, but he is good at it

beware 🐳 ✂️ 🦢

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Post ID: @ax+1jth14j74

This announcement should have happened at least 2 years ago.

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Post ID: @aa+1jth14j74

Sorry, it’s GoM - Gulf of Mexico.
Always has been, always will be.
Gretchen will parlay her Shell time into a nice fat CEO appointment with a super-sized signing bonus.
If Shell doesn’t cultivate and grow talented lifers who have a committed stake in and passion for the organization, leadership is forever relegated to hired g-ns whose only commitment is to “me”.

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Post ID: @a9+1jth14j74

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