I'm very happy to give up my 401k for DW, he has expenses that we should all contribute towards. Look at what DW has done for the XOM stock price, the guy is a genius
Actually, could not care less about the stock price, feel sorry for employees who were duped into buying it, worst investment going
Only for union workers, that’s why the 2 sites. From the Reuters article, sounds like the match was supposed to be part of a contract, but wasn’t followed through on.
why just Baytown and Baton Rouge?
It's only for the 2 refineries. Baytown and Baton Rouge.
That money is gone like the wind. Right into the shareholders and DW's pockets.
😂😂😂😂😂😂😂
Makes me want to join a union for engineers
There will be compensation for the 401k loss, also a bonus plan for all, 9x 80s and better toilet paper.
You guys are so gullible, acting as if you don't know Durwood at all. No wonder you keep falling for anything and everything he and his minions throw at you. You never lose a hope.
Will never happen. That is round 1 of 3 in court where it’ll go to die in the 9th circuit or Supreme Court. Joe Biden’s NLRB naturally was going to rule that way but no one will see a dime.
https://www.reuters.com/legal/us-labor-board-judge-rules-exxon-must-repay-workers-suspended-401k-match-2023-03-14/
@eal+1uLSskay Please share a link
Would be great to see a payment, highly doubt it though
US Labor Board judge rules Exxon must repay workers for suspended 401K match.
This is a good short read on Reuters for those with our heads in the sand.
Unlikely...but I never thought they would give a mid year retention bonus during #exxodus. It could also open up a can of worm with those that left since then.