XOM has announced employee reductions thru the annual job evaluation process to reduce cost. Is XOM taking steps to reduce or forego executive compensation as many large companies have done for 2020 and 2021?
11 replies (most recent on top)
Hahaha, XOM executives take a pay cut? That is bad comedy!
Re the 'dog and pony show' comment... Texas is an at will state. EM can terminate you for any reason or no reason at all. Research that.
What does that mean, "Downstream Happening"?
What does that mean, "Downstream Happening"?
Can confirm, downstream happening.
From the motivation thread picture of the truth.
https://upload.vaa.red/28x526#9539b9cc5df55bee63c74886bee762a8
These are surprise, targeted attacks chaulked-full of bias and prejudice. Random selection would have been more fair. There was no basis or facts provided in most cases. The current grossly negligent approach seems to be systemic. Most people have not seen their performance improvement plans even though the 21 day deadline started immediately upon notification as in the review. Many are finding their reviews to come as a complete surprise when the only feedback received was positive or unrelated throughout the review period. This should make all the major news headlines, and ExxonMobil should have to answer for this phony hocus-pocus, smoke and mirrors, dog and pony show in which they are ruining peoples’ lives to clear their mismanaged bottom line. This is not right. Is this this the new emboldened corporate America and ExxonMobil? It seems to be.
Who cares? The top took their bonuses and performance supplemental pay while contractors and then the unpopular perceived bottom are being forced out through forced, lose if you try to stay, tactics.
Hahahaha, yeah right. Maybe if we somehow had an independent Board Chair.
This post sounds like someone from chron.com trying to make an article. There’s been no official announcement even though it’s happening.
Like I told you...I’m underpaid and catching up to the rest of the industry.