This is a company where you can make good money (until they show you the door) and where you can lose all self respect. I got an offer to move to another company and I accepted without much thought because I am almost certain that there is no company... — read more
If Aramco call you back, did you will return?
Now everybody is forecasting a new oil price bo-m era and then personnel and equipment will be in shortage again. In recent layoffs a lot of competent people was fired and once start the oil price to rise, all companies will start to increase their... — read more
Has your career started to degrade?
The question you should ask, the same question I ask myself, is the money worth the environment and degradation of your career progression. If you're happy, you're set, don't worry about layoffs. If you find money isn't worth the environment, you... — read more
How can people find out what the job will REALLY be like?
Hi, If somebody received an offer but doesn't know anybody at the company, what questions could (should) they ask to find out what the job is really like? Are there any places on the internet where such a person could hook up with former or... — read more
Is Aramco well positioned for the future?
I still feel very comfortable here, but lately I am thinking more and more often about what the future holds for this company. Many advise me that it would not be bad to think about transitioning skills from O&G to renewable energy job as soon as... — read more
More layoffs in June
I've heard we might have more cuts before the month is over, is this true?
Is the paycheck worth all this?
I hadn’t even tried to look for a new job before because I was happy with my pay. Back then I had some other priorities. However, money is not enough for a sense of fulfillment at work. Maybe for some people money can drive day-to-day satisfaction... — read more
Did they try to keep anyone?
People talk a lot about leaving here, and they are leaving, it seems to me more than ever. Among them are many talented people who are not as easily replaceable as they think at the top. I wonder if Saudi Aramco is doing the same to keep its... — read more
How Aramco Plans To Cover Its Unsustainable Dividend
The company is now resorting to debt to play shareholders. The old rob Peter to pay Paul business plan. No looking good.
Is late to join now
There are tons of opportunities now on the Aramco website and some are for expats. I had an interview and might be expecting an offer. It’s sounds like it’s too late to join Aramco now and the best days are over. Do you guys think it’s worth it? — read more
Are people leaving here en masse?
How many people have left voluntarily since the beginning of the year? In a very short period of time, several of my colleagues have quit. People have left before, but this now seems like a very worrying trend to me. The best people are leaving. No... — read more
Truth To Rumors About US Expats’ Future?
Can anyone confirm the following? “M” PMPs will no longer receive SAIP US Expats are all receiving “M” ratings US Expats are being quietly laid off Expat Camp life is becoming unbearable US Expats are leaving on their... — read more
which is worse???
Which is worse???? Reading comments from ingrate Saudi's who fire the people who built Aramco and continue to do the real work (and then come back to do the work as consultants and contractors) Working and living with fellow expats who are... — read more
It’s Happening Now
For expats, the major (steady) flow of expat layoffs are continuing with a vengeance. Very secretive, but quietly apparent. I just got it, but I’m not alone. I wish the survivors well. It was good while it lasted.
Gas Layoffs
Who all is affected. Company is firing expats again. They are trying to hide it by releasing fewer at a time. But my sources say more are planned and management doesn’t want a repeat of the fuss with the previous round.
Dealing with micromanagement?
I am exposed to incredible micromanagement. Although I have been in this business for a very long time and I think I have a lot of experience, I am micromanaged to the maximum. This creates huge stress for me, and as a result, negatively impacts my... — read more
How much do you trust management?
Trust takes a long time and effort to develop, but only a single event to eliminate it completely... I used to trust the management of this company a lot more, but lately I trust this management less and less... There were several situations where... — read more
Aramco ignoring American labor law - AGAIN
In 2020, Congress passed the CARES Act allowing Americans effected by the pandemic to borrow $100K against their own 401K. Aramco declined to participate – screwing the thousands of Americans they laid off in June 2020 through year–end. In 2021... — read more
What's the pattern?
It is obvious that they want to hide the fact that slow layoffs are happening. I continuously hear that some people or some groups have been laid off. There doesn't seem to be much logic in targeting those who are no longer needed here. Or is... — read more
Not much until June
I hope that the rumors that there will be big layoffs in June are not true, but I am definitely looking for a new job. Is there any more detail on how big these layoffs could be and who the target will be? Who is most at risk? There isn’t much time... — read more
Happy Easter Sunday
This is a time to hide raw colored eggs (soon to be boiled) in the hot sand for an Easter Egg Hunt. Do not think about layoffs, as you can peel and eat the eggs on your trip out the company doors.
CEO says oil giant can still meet dividend
https://www.cnbc.com/2021/03/31/saudi-aramco-ceo-says-oil-giant-can-still-meet-dividend-expectations.html
Future dividend policy?
I’m surprised no one has commented that profits are declining but not the dividend. Any thoughts? I am curious whether there will be a change to the dividend policy in the future.
So much for “progressive”!!!
So the cats out of the bag. Dividend remains untouched yet those at the coal face are punished with a p1$$ poor SAIP factor then? Can see where the company’s values are then, and it’s not with respecting and rewarding the hard working... — read more
Relief from job that gives no satisfaction
I was laid off on 6/31, and still looking for a new job. I did not start looking for a job until three months ago. Considering very good Aramco compensation, and very stressful job there, this is the best thing could happen to me. Doing the job that... — read more
Superbowl of Expat Layoffs
It’s coming. Another unrelenting round of 1st and 2nd quarter expat layoffs. Happy Valentines Day, but we don’t love you as much as you imagined. Expats are a group in the epitomizes the term “ legend in your own mind.” We don’t need or want you... — read more
Early retirement
Early retirement sounds better and better every time I think about it. As I consider early retirement, I would like to know whether you think is a good idea or not and what I need to pay attention to in order to make a more informed decision. Does... — read more
1st Quarter Expat Layoff Disaster
It’s coming when you least expect or deserve it. Buckle your seat belts.
Ay
When are these 2021 layoffs happening then?
ARAMCO desperate for my $712.40?
I left Aramco more than a year and a half ago and just now they are chasing after me for $712.40 due to what they say is their mistake and it appears to be medical insurance related but there are no other details. Not sure if it’s a scam… so if you... — read more
From the Financial Times
These whistleblowers believe a company squeezed by an oil crash that has upended the entire industry — and under pressure to accelerate Crown Prince Mohammed bin Salman’s plans for the “Saudisation” of the kingdom’s workforce — has taken to pushing... — read more
E PMP Rating Layoffs (Expats)
Expats with a “E” or less PMP category rating to be laid off during January 2021. Senior Management Directive.
Another point of view: problem with oil shortage?
While some advocate a complete transition to clean energy sources, some are concerned that there is not enough oil to meet all our needs by 2050 and that more should be invested in oil exploration programs: The scope of exploration will have to... — read more
Happy Hanukkah & Merry Christmas Aramco
It’s a time to be jolly and enjoy the holidays. Don’t think about company cutbacks. Enjoy yourselves.
What will 2021 bring?
Thoughts?
Aviation
Any news regarding Aviation? I keep hearing that they're on the chopping block, and will be privatized soon.
Major layoffs are inevitable
When the company has to go into debt (e.g. bonds) and sell assets (e.g. pipeline) just to make its dividend payment(s); layoffs and cuts to benefits are coming in a big way. Hang into your hats, as the US expats are on a high speed exodus out the... — read more
Desperate Move to Pay Dividend
In a desperate move to pay a dividend on it’s stock, Aramco is turning to bonds to help fund a $75 billion dividend. Exxon is also struggling to make good with their stock dividend, but will eliminate company-matching fund payments to employees on... — read more