Thread regarding ExxonMobil Corp. layoffs

GP Strategy +

Why don't we include another brutal truth here?

Our costs are out of control and we are failing vs competition and our benchmark is BS.

Are we hearing the feedback from the broader organization?


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| 36 views | | 21 replies (last April 26) | Reply
Post ID: @OP+1kpb79b38

21 replies (most recent on top)

@17f carrying Ll of the overhead at EMHC while cutting headcount and while BTC doesn’t carry any inflated the rate of EMHC workers.

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Post ID: @1pz+1kpb79b38

@1bw good luck with that. Have you ever worked with these companies in India? Not what I would call Tier 1 by a long shot.

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Post ID: @1py+1kpb79b38

What does this mean… Strategy+

So much tension between GP and the business lines. Not good.

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Post ID: @1my+1kpb79b38

The future of global project management will be stewarded in India.

India hosts a diverse and robust engineering sector, featuring top firms like Bharat Heavy Electricals Limited, Siemens, Cummins India, Larsen & Toubro, and Godrej & Boyce, spanning infrastructure, power, manufacturing, and technology.

Leading Engineering Companies
India’s engineering industry is valued at around $130 billion and contributes significantly to the nation’s economic development, with strong growth in infrastructure, energy, and manufacturing sectors. Some of the most prominent companies include:

Bharat Heavy Electricals Limited (BHEL) – Specializes in power generation equipment, transmission systems, and industrial products, serving domestic and international clients.

Siemens India – Offers automation, infrastructure, and digitalization solutions across power, manufacturing, and healthcare sectors.

Cummins India – Designs and manufactures diesel and alternative fuel engines, along with power generation solutions.

Larsen & Toubro (L&T) – Provides engineering, construction, and manufacturing services for infrastructure, transportation, and process industries.

Godrej & Boyce – Engages in aerospace, industrial equipment, infrastructure, and consumer durables, with a strong focus on precision engineering.

Engineers India Limited (EIL) – Offers consultancy and EPC services for energy, petrochemical, and infrastructure projects.

Kirloskar Brothers Limited – Focuses on fluid management solutions, including pumps, valves, and hydro turbines.

Tata Projects – Known for sustainable infrastructure solutions, including bridges, metro systems, and urban mobility projects.

Patel Engineering – Specializes in hydroelectric, irrigation, and tunnel projects.

Triveni Turbines – Manufactures industrial steam turbines with global installations.

Emerging and Specialized Firms
Several newer or niche engineering companies are gaining prominence:
Sedin Engineering – Provides specialized engineering consultancy and technical design services.

Srushty Global Inc – Offers applied engineering and design solutions across multiple industries.

Virtuous Industries LLP – Focuses on product development, project management, and manufacturing solutions.

Tooltech Global Engineering – Provides mechanical, electrical, and embedded engineering services for manufacturing and autonomous vehicles.

Fabtech Consulting Engineers Pvt. Ltd. – Offers engineering support services and technical manpower outsourcing.

Sectoral Focus
Indian engineering companies operate across diverse sectors:
Infrastructure & Construction – Roads, bridges, metro systems, and urban development projects.

Power & Energy – Thermal, hydro, renewable energy, and power transmission solutions.

Manufacturing & Industrial Equipment – Heavy machinery, automotive components, and industrial automation.

Technology & Digital Engineering – Software-driven engineering, IoT, and AI-enabled solutions.

Aerospace & Defense – Precision components, turbines, and defense equipment.

Market Insights
India’s engineering exports reached $109 billion in 2023-24, with high-value goods like pharmaceuticals, chemicals, and electronics showing consistent growth. Government initiatives such as Make in India, Atmanirbhar Bharat, and Production Linked Incentives (PLI) have strengthened domestic manufacturing and global competitiveness. The sector is also increasingly focusing on sustainable and eco-friendly engineering solutions, reflecting global trends and regulatory requirements.

Conclusion
India’s engineering landscape is a mix of established giants and innovative startups, offering services across infrastructure, energy, manufacturing, and technology. Companies like BHEL, Siemens, L&T, and Godrej & Boyce lead the market, while emerging firms provide specialized solutions in design, automation, and consultancy. The sector continues to expand, driven by domestic demand, government initiatives, and global partnerships, making India a key player in the global engineering industry.

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Post ID: @1bw+1kpb79b38

Ge-z everyone stop upvoting the post about the GP CPM VP with terrible behaviors. Don’t you know how things work around here?!?. Sr leadership above him obviously loves his behaviors (disrespectful, arrogant, negative/redirects blame) and so spotlighting it will keep him around!

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Post ID: @19m+1kpb79b38

GP has to be the absolute worst part of the organization. Politics is its priority, actually doing any work not even on the radar. Culture incredibly toxic, I really feel sorry for folks working there.

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Post ID: @19h+1kpb79b38

@17f the billing rate: what GP charges business lines. It may be less for BPO projects

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Post ID: @190+1kpb79b38

@16, what do you mean GP is $400/hr? That must be a US thing.

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Post ID: @17f+1kpb79b38

Gp is still like $400 / hr which is no better than 5 years ago!. So they cut quality/capability (including through BTC strategy and poorly managing non-hipos who are actually proven/capable) and are still as expensive. You have to acknowledge if you prioritize/choose potential over proven you require more staffing to be crutch for hipos.

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Post ID: @16w+1kpb79b38

Wait , so Is this just an exercise to justify and support questionable decisions already made by VPs like the two hubs confusion or the direct to India / design buy build in India or whatever it is called?? I doubt anything really new or different will come from this. At most maybe some new words or phrases the VPs will parrot.

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Post ID: @13d+1kpb79b38

@wz it is called upselling which is what our Sr Execs are really good at.

@p5 Wow quite the support to your comment. Wonder what his retirement timing is… will be celebrated by many

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Post ID: @127+1kpb79b38

@aw the contractors are already bankrupt. Who will pay your LDs? Who will build anything for us if we put them all out of business with LDs? At the end of the day there is no way to be made whole if the project schedule or cost blow up. You have to keep the project on track.

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Post ID: @x8+1kpb79b38

@OP why did JG then become GO Senior President with such dismal performance?

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Post ID: @wz+1kpb79b38

Well it is hard to be good at something when the VPs don’t value the skills or people who do it.

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Post ID: @wx+1kpb79b38

The brutal truth is the VP leading this has terrible behaviors, probably the worst one. Has been for years. So disappointing he is still around.

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Post ID: @p5+1kpb79b38

@aw so your solution is to bankrupt more contractors. Great plan! Maybe we need to admit that the lump sum model is broken and that contractor capability is being diminished by their offshoring of engineering to India.

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Post ID: @c8+1kpb79b38

Costs will rapidly fall in line when the price of a barrel drops. Until then enjoy.

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Post ID: @c2+1kpb79b38

We relieve our contactors on millions of LDs. We need to stop that cr-p and actually enforce our contracts.

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Post ID: @aw+1kpb79b38

@OP We already gave the brutal truths.
People said the ranking system was broken… so management stepped in and made it worse.
People said technical expertise wasn’t driving decisions… so now we have layers of architects added on top of management, again making things worse.
Every ‘fix’ just creates a new problem.
So no, I don’t think the issue is whether leadership is hearing us.
It’s what happens after they do.

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Post ID: @at+1kpb79b38

We manipulate the benchmarking inputs to ensure we meet managements’ expectations. Exempt certain scopes, change the numbers later, explain away anything that could result in less than 1Q benchmarking performance. I’ve seen more than one project go from 3-5Q to 1Q after manipulation, and sail through the internal and management reviews. It’s a joke.

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Post ID: @a6+1kpb79b38

Benchmarking is a waste of money. I have yet to see a benchmarking study that wasn’t a total waste of time and money. Stupid studies to help executives justify their bonuses.

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Post ID: @a4+1kpb79b38

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