https://www.cnn.com/2020/08/25/investing/exxon-stock-dow-oil/index.html
7 replies (most recent on top)
a reputable info source indeed
Look at the new Politico link below, the world now knows that XOM is laying off its people (well, terminating people through PIP) just for the sake of saving its face, or does it? No. It's more humiliation than anything else. It's unethical.
https://www.politico.com/newsletters/morning-energy/2020/08/25/exxon-mobils-demotion-790122
Exxon Leadership as someone said is one of the posts is way underpaid. They and middle management deserve a immediate large bonus ;) for destroying the company! Way to go Corporate America, where incompetent make the most out of the system. When oil prices go up and the profits go up with it, they call it genius work of mgmt, but when oil prices fall mgmt blames it on commodity cycle. They are destined to make money period!
Did you really think forcing the people that made Exxon a great company into retirement and PIP’n would save you? You can’t get back the knowledge and experience you shoved out the door. It seems to only get worse for you each day. Let’s be honest, this was here before cov-id as anyone with common sense can see.
Any EM employee out there with XOM stock in your 401K? You must be crazy.
Exxon leadership what a great job you’ve done destroying the place.
Alright, I will reinvest my remaining 10% in my 401K from XOM to somewhere else. I lost confidence in XOM stock.