As I was reflecting about who and what got us here, it’s clear that Darren Woods deserves the recognition:
Despite know our situation, choosing to paying dividends that we cannot afford.. leading YOU to be potentially unemployed soon. Felt sick every time the email is out in our inbox, saying how empathetic they are.. they are not..
Root cause is.. this is a poorly managed company.
We are ExxonMobil.
The financial situation at EM would be very different if that 210 billion dollars thrown away in stock buybacks had been spent on Chevron stock instead of EM stock.
Can we have a proper CEO already.. DW is terrible.. the homeless guy down my street can do the same thing.. nothing short of mediocre.
The simple fact is they threw employees under the bus, publicly denounced their worth and unethically lies to conceal a lay-off and avoid severance during a pandemic and one if the worse economic recessions we have seen in decades. It takes true scum.
@gks+17B44KqL Darren Woods has better lawyers working for him? He’s nice to give us a PIP instead of a 30 days termination.. based on your employment contract (yes you employees), they can terminate you if they do not like the colour of your shirt..
Enjoy your job. You will need it..
Why is the SEC not investigating the claim that XOM shareholders are “retail investors that count on the dividend for income”? There sure is a lot of stock (and dividends) in the hands of the executives making the decisions to continue paying them out despite dismal financial performance.
We are down, but not (yet) out.