Thread regarding ExxonMobil Corp. layoffs

After decades of time with the company I’m sad to say that you are spot on. When the chairman came back to the US in 2010, with his new vocabulary of “winning” and other MBA buzzwords, most of the organization thought he was a bit of a flake. But the “climbers” quickly adopted his vocabulary in an effort to impress him. He always thought he was the smartest guy in the room, although often that was very obviously not the case. Steeped in arrogance and lacking any humility, he quickly promoted his cronies and ignored anyone with a different view, something the toxic EM culture encouraged. His eloquent speeches and fancy words got him promoted quickly. But he never took the time to really learn the business. All that mattered was that he kept getting promoted. As chairman, he made some incredibly boneheaded moves like putting a person with no upstream experience in charge of the upstream, and a career long upstreamer in charge of the downstream. And the person with the worst people skills in the company in charge of “Human” Resources. Is it now a surprise that the company is crashing and burning? And the idea that the dividend is sacrosanct is just a defense of his position with shareholders, not a well thought out business strategy for long term prosperity. Of course the solution to years of mismanagement is to cut benefits and layoff workers. And bet the company on the hope that commodity prices will rise before he runs out of cash. But this story has been told before, always with the same unfortunate ending.

Supervisors and Group leads are not producing at all, their calendars are filled so that people can see they are doing a lot. so they need to be PIPed or become individual contributors or whatever.
Trim VPs, which are many hanging in Houston campus.
Trim Executives.
Don’t promote napotism.

In brief:
Dinosaurs die off. It don't take a comet or asteroid.
It takes staring at the ground. Never looking up.
Taking and taking. Pfffft.

I think this company has been going downhill since Rex Tillerson released the video stating he’s not in the oil and gas business but rather he’s in the risk management business.

This company waste so much money on useless safety policies and safety people. Regulating every job making a routine task take 3-4 times as long to complete isn’t very cost affective. Let people do their jobs without all the safety bs and get rid of the people that don’t work safe instead of promoting people that get hurt or break a safety policy.
The HSE representative in my area left his truck in drive and it drove over the edge of the location when he worked as a lease operator but somehow was promoted to a safety job. That pretty much shows how much of a joke safety is. You reward people that aren’t safe with easier jobs.

#inDWwetrust

#weareexxonmobil

If the board is kissing the a$$ of the chairman, you should too. After all, he’s underpaid and doing a service to run this fine American institution.

#competetowin

Spot on. The management needs to change at every level if ExxonMobil wants to recover. The company's failure was caused by the failure of "leadership" and as a rise in oil and gas prices will help all oil companies, ExxonMobil will still be at the bottom without a complete change in management.

Your world is about to change Jan 20

A lot of smart people at Exxonmobil have and will be cut. I hope the people who are cut take the opportunity to progress in the world for something bigger. You do not need to work for arrogant bullies to earn decent pay. There are companies that value real progress. Use your intelligence for good and try to appreciate the older people in this world. This is something the company clearly has not done. Most of our older workers were beat down after years of this. They have life experience and are good workers. I hope you can help the younger generation understand the value in the older generations. It seems to be something the world has forgot. Technology doesn’t make you smart. Smart people built technology. I’m not young or old but I see the need to help younger generations understand what these people that companies no longer value really have to offer. I have to wonder if we started a technology company with seniors as employees and taught them everything about technology, what could they do? It might impress us. After all their generations had the most original ideas.

They have been cutting at the wrong levels