Thread regarding ExxonMobil Corp. layoffs

WSJ article

WSJ is coming out in the next days with reporting that will hit a nerve with analysts and investors. About twenty current and former employees contributed.

Make sure to share broadly - not here, where it matters and reaches eyeballs. Exxon has been reached out for comment and they are preempting the blow. The company’s PR, PG&A, and the mouthpieces in HR may deny and discredit, so we must do our best to validate it.

Even if you think you’re safe (for now), it’s in your best interest that mgmt listens and course corrects, before the bunker mentality takes over completely.
And if you were (or will be) PiPed, it’s even more critical to set the record straight. Reclaim your dignity - it helps with moving on.

Numbers should speak for themselves, and the magnitude of the failure of leadership lays bare in the erosion of value, empty promises, and inability to grow; however, personal stories is how people remember and relate to issues. Investors, analysts, and employees are going on the record critical of management decisions.

If you were thinking about it but haven’t yet, speak up, add to the report, and say your piece. The contact information has been shared in this forum before.

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| 5643 views | | 15 replies (last September 4, 2020) | Reply
Post ID: @OP+16JJgAxH

15 replies (most recent on top)

Well where is it??

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Post ID: @3sbq+16JJgAxH

Link to the article?

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Post ID: @2xba+16JJgAxH

This must be why there’s suddenly warning emails flying all over the company aboit more cuts!

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Post ID: @1yxc+16JJgAxH

What is discouraging is while they say they want to hear from their employees when you actually speak up and ask a question you are met with such animosity that you regret saying anything at all. It isn’t all management but before you ask a question you better know who you are asking so you don’t get any backlash. The message to blindly follow along is still strong. It is depressing and doesn’t help morale.

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Post ID: @cfe+16JJgAxH

Yep internal emails are already working to white wash this article. Should be out Friday and will be more honest than anything you hear from the Dear Leader

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Post ID: @baq+16JJgAxH

Bunker mentality = ExxonMobil culture.
Everyone else is wrong, we are right.
Our plans are perfect, their analysis is wrong.
Our leaders are great, everyone else is out to get us.
Blind loyalty, full compliance, and agreeableness at all cost.
#WeareExxonMobil

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Post ID: @itr+16JJgAxH

Hopefully they can give some insight on how we came up with that comical 2025 plan. We will be lucky to not have less cash flow and production in 2025 compared to 2017. How can the board enable this kind of embarrassing business planning.

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Post ID: @uov+16JJgAxH

Real news, peeps.

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Post ID: @cqo+16JJgAxH

Unexpected Energy.

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Post ID: @vzb+16JJgAxH

fake news

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Post ID: @xdo+16JJgAxH

This feels like a bit of FUD, like someone would like to make sure his/her short investments turn out to be profitable

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Post ID: @fot+16JJgAxH

Yes - some class-action nonsense on the way.

Full employment only comes with W$R. Boots and kerosene on the ground.
Just beat Halliburton returns from the early century. Y'all be all-right.
Every princedom doubling down on the stock right now.
Keep your share.

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Post ID: @ici+16JJgAxH

At least EM will be kept on their toes. Thank you!

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Post ID: @mgv+16JJgAxH

It seems further headcount cutting is coming!

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Post ID: @fws+16JJgAxH

Oh boy.....doesn’t sound glorious...the board has tolerated the incompetence of DW but I don’t know if they will tolerate such humiliation, but you never know

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Post ID: @htp+16JJgAxH

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