Topics regarding layoffs at Shell Oil

Topics regarding layoffs at Shell Oil

New IPF system su-ks

Preaching to the choir, I know. The thing that bothers me the most about the new ranking system is I have NO IDEA where I rank among my peers when I get “Strong” year after year with little feedback from line manager other than trite BS like “keep... — read more 

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| 2370 views | | 9 replies (last January 22, 2024)
Post ID: @OP+1qEPHMz2

Board is quiet considering the mass layoffs in Q1

Just surprised how quiet this board has been considering the number of layoffs in the pipeline (No pun intended). I know Chemicals US have new org charts out already but still nobody is posting. Jiffy Lube is in the middle of a reorg but nobody is... — read more 

Raises?

What is the anticipated pay raise this year?

Sparta FID

Maybe this will help slow any potential layoffs in the next few years. Thoughts?

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| 2660 views | | 8 replies (last December 27, 2023)
Post ID: @OP+1qaPb9Ht

No Severance this time?

There is a rumor that with the upcoming staff cuts the typical 3 weeks per yr of service wont be offered and only the legal minimum would be.. Also no volunteers either, they will tell you that you have been cut... Very different from past reorgs... — read more 

Layoffs

I think it can't be more clearer than this. P&T org wide restructuring is evident. Has anyone watched Robin's talk in P&T leadership forum? I am afraid how SEAM gets affected.

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| 2510 views | | 4 replies (last December 7, 2023)
Post ID: @OP+1pV5iX1b

“Engineers” from India

Shell is bringing the Indian “engineers” to North America as Expats, as well as in local terms. Are they cost effective?? I am not sure. Anybody any comment??

P&T Reorg

Any leaked news on the P&T reorg??

LNN NL

Does anyone know the salary range of JG5 in Rotterdam Weena? Considering a sideways move on a LNN. Is it worth it and safe to move under current situation? Our division comes under P&T and this is supporting chemicals business but advising Trading &... — read more 

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| 1542 views | | 3 replies (last December 15, 2023)
Post ID: @OP+1pER3V5T

Forum Activity

Given what’s coming, this board should be way more active. The EVPs and Directories keep checking to see how much leaked out and you guys are making them think it’s a tight ship given the lack of posts disappointing

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| 1420 views | | 2 replies (last November 19, 2023)
Post ID: @OP+1pDbCIbD

Shell Recharge Solutions opinion

Hello,l have received an offer from Shell recharge based in Amsterdam but they have their own people's policies and bring in ppl with 1 yr contracts. Given cuts in Low carbon and other sectors, recent conversation with Wael is it really safe to move?... — read more 

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| 1680 views | | 3 replies (last November 12, 2023)
Post ID: @OP+1pxoxE08

Layoffs

Anyone outside of North America, get the news letter from Machteld stating layoffs are coming. Maybe not "an organization-wide restructuring". Just different assets, and teams.

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| 2710 views | | 7 replies (last November 18, 2023)
Post ID: @OP+1ptCHTBK

Do you think Shell will pay American pensions?

I found out that the new employees no longer have a pension plan. They do however have a higher 401k match. I know a lot of us are waiting for the 80points to be accumulated even though we know we can get much better jobs outside Shell. But seeing... — read more 

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| 2380 views | | 7 replies (last November 8, 2023)
Post ID: @OP+1prEbvWc

Taking a poll

Out of the 3 directorates, which one gets hammered on redundancies the most. P&T, Downstream/Power/RES, or IGU Cause the order I listed is my guess. Bonus question - announcement pre or post Christmas? I say pre

Open Enrollment - is the HDHP any good?

Got open enrollment. The premiums for the HSA/PPO seem really high. Is the HDHP any good? The deductibles seem as low as possible for HSA eligible HDHP. Does this still fully cover Centers of Excellence? That's a big benefit of the health plan.

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| 1130 views | | 2 replies (last October 30, 2023)
Post ID: @OP+1pjANX7A

XOM and CVX making SHEL a laughing stock again.

Doubling down in Permian which Shell gave away at the low of the market and buying into Guyana which Shell gave away without even waiting for an exploration well because of complete incompetence in our E&P leadership at the time. Meanwhile energy... — read more 

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| 1600 views | | 2 replies (last October 29, 2023)
Post ID: @OP+1pec407S

Quick

I wish you slugs would hurry up with your cuts, so Wally can buy an overinflated O&G producer….Valuations at an all time high. If you guys take too long with the cuts he might not get to pay top dollar!

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| 864 views | | 1 reply (November 1, 2023)
Post ID: @OP+1pewvd0k

Shell back into shale in US

I hear Shell is thinking of getting back into shale in the US following XOM move to buy PXD. Any truth to the rumors ?

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| 1560 views | | 5 replies (last October 23, 2023)
Post ID: @OP+1pbLrrPg

Energy transition

Some people argue that it is not reasonable to ask oil and gas companies to move away from fossil fuels unless there is a clear demand for renewable energy. They argue that oil and gas companies are businesses, and they should be free to produce the... — read more 

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| 2040 views | | 8 replies (last October 18, 2023)
Post ID: @OP+1oQUYfCc

Not a fan…

Of the leak, but love to see the healthy discussion. https://www.rechargenews.com/energy-transition/shell-staff-air-fears-over-renewable-energy-strategy-to-ceo-sawan/2-1-1525138 Also I don’t see this swaying the needed shift in strategy, I just... — read more 

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| 1620 views | | 3 replies (last September 28, 2023)
Post ID: @OP+1oOeO5kn

Countdown

Anybody have access to current FTE count? Of course Leadership keeps quoting the 93,000 number. But can we get an update as it’s whittled down?

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| 2230 views | | 6 replies (last October 3, 2023)
Post ID: @OP+1oJLeOky

When are we

…buying the next BG? I mean we’re a few years beyond dealing with the indigestion it gave us, like a python on the river bank that just ate a mammal almost too big. We should be ready to slither into position and pounce on our unsuspecting prey. ... — read more 

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| 1670 views | | 4 replies (last October 6, 2023)
Post ID: @OP+1oG3j1mI

Methanol?

Shell getting into the US Methanol market? Very few company's have Methanol plants. With the idea being “more” environmentally friendly (outside of hydrogen, ammonia, or carbon capture), Methanol seems to be on the uptick due to low cost to produce... — read more 

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| 730 views | | 1 reply (September 20, 2023)
Post ID: @OP+1oGJ9QnA

New Orleans River District

I thought we were about to be done with the New Orleans office once and for all. As a Latoya-refugee, I sold my home in New Orleans when I moved to Houston ready to never return. But, on Wednesday, the SVP announced that Shell will occupy a majority... — read more 

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| 1900 views | | 9 replies (last September 27, 2023)
Post ID: @OP+1oFwCLHO

Looking for drama?

Head over to the BP layoffs thread. It’s all of the drama and intrigue our dark souls feed on, without the anxiety and discouragement of realizing we work for that sh*tbox. Uh, that is until Shell and BP strategically merge to create a mega-British... — read more 

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| 1480 views | | 3 replies (last September 26, 2023)
Post ID: @OP+1oCvYKCV

Winter is coming

Lacking a good crisis to prompt change… manufacture one! Look I agree we need to shake the deadwood out and get back to some role clarity so folks know what they need to deliver, but execution to date has been so ham-fisted. EVPs aren’t feeling... — read more 

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| 1760 views | | 4 replies (last September 27, 2023)
Post ID: @OP+1ovEClvT

Restructuring?

Any updates to yet another reorg? I know there are a few mini reorgs in certain BUs in STUSCO. Anyone else?

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| 3170 views | | 9 replies (last September 23, 2023)
Post ID: @OP+1ohyBvtH

Pay relative to (energy) peers? Venting

With the focus by the EC moving to ruthless returns, it's hopeful that company performance will improve and thus value for those who have equity in the company. One can hope. On the cost reduction side, I'm concerned this will extend to total cash... — read more 

How soon Bukom will be sold?

Shell taps Goldman Sachs to explore Singapore refinery and petchem plant sale https://www.hydrocarbonprocessing.com/news/2023/08/shell-taps-goldman-sachs-to-explore-singapore-refinery-and-petchem-plant-sale/#comments

Real reason on underperformance vs peers

I think people have forgotten the real reason why Shell is valued lower than US peers. It is simply because management decided earlier to sell off oil assets and those assets were not around anymore when the price went up. Wael should not blame or... — read more 

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| 1910 views | | 6 replies (last August 19, 2023)
Post ID: @OP+1o4TGUc6

How much to retire

At what point would you feel comfortable to call it quits from Shell or anywhere? Convert your pension to lumpsum to make it apples to apples with others? $5M?

USA Trading JG5 100% PIR

What is 100% PIR JG5 for USA Trading? Does trading get additional or different bonus structure to compensate for the 24/7 on call and special skillset over standard US Business 100% PIR.

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