It seems awfully quiet on the job layoffs at the moment. Economy improving somewhat, less likelihood of a full lockdown like we experienced a few months ago, so maybe ....just maybe....things won’t be as bad as we imagined. But then we hear Exxon Mobil will be announcing very substantial layoffs towards the end of the year, so perhaps the hurricane is still a couple months away. Do you still think 10,000-15,000 will be laid off worldwide?
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From what I hear the “reviews” are ongoing and we will hear general details at the end of the month and then much more specific decisions will be made between October 1st and December.
Not sure how enlightening details at end of the month will be. Any ideas anyone?
best to stay put in the role where you are at, till reshape is announced. most people will apply for their jobs again....applying and taking new jobs right now when the VPs/GMs may not know all details is a bad idea. one could move to the new role and be impacted by Reshape. it gets harder to land the next..better yet, leave the industry if you can as many have said in this forum
It's brewing something.
Everyone is waiting for the news...some people are talking about over 15,000 layoffs...
Will be odd when Shell don't occupy the monstrosity in Altens anymore.
@1kzi+16UbpTp4 - wrong mindset, but systemic throughout the company. There are 2 sides the cash equation and we only focus on one: cost. This is why the company is losing. We can’t continue to just cut our way to better financial performance. What about the revenue side? This is the part of the cash equation that matters most and equates to long term success. You would think leadership would eventually recognize all its short sited behavior is what gotten has us here. Really hope Ben and his band of consultants focus on REVENUE in this reshape activity. All levels in all business units throughout RDS have re-org’d in the last 3 years just to cut cost. No significant improvement results because it’s short sighted and doesn’t improve revenue. C’mon Ben, be better than all your minions and change the game. Define how we’re gonna MAKE MORE MONEY, not just spend less.
I’m hopeful, but also realistic and doubt the mindset changes.
13500 if RDS wants to get back to 2019 performance in terms of cash. Which wasnt a great year anyway.
Its on the hub...10% is what I have been told....so around 8k...could be more tho. He said there would be more clarity end of month
I didn’t see Ben’s staff call. Do you think we will know in the next month?
8-10K is at least better than 10-15K!
Did you watch Bens staff call? He said We will know soon. My guess is 8-10k. Good luck to all