Thread regarding ExxonMobil Corp. layoffs

The reality is :

1) pple of age group > 40yrs old enjoyed the good old days of oil industry. This was comprehended in their current salary. Any pay freeze , they would stomach it bec :

• their salaries are considerable high
• they are stuck and not easy to switch runway
• they have high liabilities to service

2) pple of age group <40 yrs old, this group suffers because they did not reap the full benefit of the glorious days of oil industry . The road ahead is evidently uphill. Sunset is within sight. CEO is desperate in reducing cost to service the unsustainable debt of $65bn ( will keep going up since he wants to please shareholders by increasing div payout ) which if there is another crisis like covid or if covid gets serious again.... Xom will likely be up for sales ( to Chevron) ...
Company is living on the edge ... counting on the mercy of opec + to keep crude price high. Current good 1Q earning , majority attributed to crude oil price recovery .... no credit of any of these high paying execs ( who did nothing but going around cutting jobs) . Who brought the company to such state of misery and dishonour ? All thanks to DW, RT and all the execs . Yet , none of them has been made accountable ? ...what kind of leadership is this ?
The young employees are no fools , why would they get on board or stay on board to a sinking titanic whereby the captain and his Mgmt are clearly doing things to enrich themselves and no qualms to sink the ship?

Some chemical sales team lost half their team in 3 months. What does that mean?

—-> means team is well coached, supervisor doing his/her people, developing the people into talents such that they are valuable outside of EM.

Seems like there are a lot of “smart Alex” and whiner in this forum.

If the situation is not working for u, most probably u can think what u should do with your life instead of sending negative or so called advise in this forum.

You control your own life.
So shut the F up and move on.

What is it that u are trying to change u powerless and anonymous piece of sh1t

In this time and age, it is pointless to worry. Always have a backup plan. Focus on gaining a skill and create value for yourself. 1st Rule of LPSA - What is the worst thing that can happen.

NTUC Learning Hub have lots of courses for you to take.

Downgrade and Liquidate your assets if you have to. It’s not the end of the world. Family Support matters!

@4bbct+16zEvLP3
And the people who “cannot afford to leave” are those with one, or more, of the following liabilities:

• high mortgage on house ... worse if heavily-leveraged on a second “investment” mortgage
• taken max loan on car(s)
• revolving on credit cards’ rollover repayment
• dependent on banks’ credit overdraft to pay off credit card bills (tantamount to financial desperation)
• still paying off high personal / study loans
• dabbled in stock market, with a net-negative equity portfolio
• children, who have not made it to tertiary level yet

How?

The fact that SG management is willing to continue salary freeze goes to show their confidence that those who are capable of leaving have already left, while those who remain, most probably cant afford to leave and will continue to slog.

@4bwlv+16zEvLP3
Do you think a DH that’s worth his salt and earning more than $300K pa (more so, if it is a DM), would want to be let go?
Heck! It’s nearly one million $$ of lost opportunity for every 3 years of time he spends in his office, until he retires!!
Going outside, he’d need at least an SME Director’s job, to equal they kinda remuneration and then some!

If no pay raise next year there will be more people will leave.how can you leave young folks with no pay increment for two years outside is doing better than EM. So attracting talent need incentives, tangible one. Those left also happily told the network outside is better at least for now..

The people leaving are all low wages workers. Need to cut the fats, especially higher wages managers, supervisors and advisors.

Engineering.
Going to be lost due to TMTS BS implementation.
Wonder how will this bring value to the Organization compared to us.

Some chemical sales team lost half their team in 3 months. What does that mean?

This is an anonymous forum.

Can we identify the dept who the PIPed the ex loyal colleagues and friends in this forum. It does not not hurt since this forum is not yammer for high level EM position to be in anyway, but a place to share which dept or person (if u wanted to share) we need to take care of before it’s too late.

When the information was shared to me, I did not feel there was care, empathy, but more of need improvement and more follow ups. The list was full on top of my routine work. That’s when I made my decision.

For those who took on the PIPed and survived. I truth respect the “skills” u had put in. And perhaps can shared in this forum in order for me to survive in other company too.

I left EM few years back and it was till today the best decision. Although I am still in the energy industry, I get to see and learn so much more, gaining real skillset than just coordinating information like what most EM employee do actually. Once outside EM, success will come when you stop behaving like an EM. You definitely can get better career outside, I really cannot understand why people would actually think I was "brave" to leave

Wonder which function/s has the highest number of employees resigned. It speaks alot about the management weaknesses. Statistics don't lie. Be worried if it happens in your department.

Don’t know why there’s so much negativity towards the workers. The Singaporean workers are extremely hardworking, putting in the longest hours and even more so during the pandemic and yet we are treated like condoms- discarded after usage. It’s most annoying and I wish there’s some kind of retribution towards the ungrateful managers. It’s really ridiculous.

SG workforce, thank you for all the great work so far. I hope you are ready for another year of salary freeze.

@4askq+16zEvLP3

OP, it’s not about the people of Singapore that is the issue. It’s about the Company which lies to its employees and treat them unfairly in the way they want to reduce headcount to cut costs by using the so-called “Performance-based” criteria to avoid paying “retrenchment” payouts as in industry practice, if not, industry standards.

Such a Company need to be “exposed” to the people here, so that they are fully aware of what to expect, if one decide to work there and what he or she need to do, like use the Company as a “training and learning” stage for a brighter and fulfilling career elsewhere. I must admit that EM is a good place to learn but as a secure and life-long employer, I am afraid to say “No”.

OP, I hope you sympathise with the affected employees and you do have your own Plan for a secure life-long and fulfilling career. I sincerely wish you all the best.

@4askq+16zEvLP3
The comments on this site are reflective of the quality of XOM useless leadership team. You are either hopelessly brainwashed or filled with filthy hidden agenda to make such a post.
Earnest hardworking employees are being forced to leave in the most undignified and unethical manner while SLS retain their cushy jobs doing nothing apart from spewing abundant corporate BS. Like what the previous post says, go ahead and post your sympathy on Yammer in your desperate PLP attempt to improve your ranking. Just leave us alone.

@4askq+16zEvLP3
Learn to read the room? This is a layoff site. This is not the place to impress DW or any other management psychopaths. Are people who were let go or fear of getting let go supposed to be merry and cheery here? If you want to post happy propaganda, go to Yammer. If EM isn't so scummy in the way they treat employees, maybe things would've been different. Hand to heart yourself, do you believe EM is treating us fair? Get off your high horse and stop with the toxic positivity.

I have been reading this thread and I am wondering what are DW & SVPs thinking of when they are reading this. Does this reflect the quality of people that we hired in Singapore? Is this the place that the corporate is keen to continue investing looking at all the pessimistic or intimidating comments?

I personally do not think these comments are going to help EM SG to become stronger or prove that SG is worth investing. We need to understand some local managers SLSs are trying their best as well but we also need to be empathetic and smart enough to understand that there are things beyond their controls. It is also not an easy time for them as well - Treat everyone with kindness, not because they are kindhearted, but because you are.

Hand on heart - if you really feel that you are undervalued or underpaid by EM, I am truly sorry to hear that. You need to believe that you deserve a better opportunity and you need to make a right decision for yourself.

Typical as$s li---r, the lady who asked question to Karen but praised DW first.
Damn. Full of suck lickers, the assess are all clean now.

Guys, gst hike incoming also. Ask GC to spare some change to tide you over.

Pay freeze in an inflationary environment. That’s just nasty.

Definitely more opportunities and more companies who will treat you with more decency and respect.

Don’t buy into your manager’s chatter that your skills are not transferable or that XOM is overpaying you. You do have some worth.

All those friends who have left have always found better paying jobs or had gone on to better careers.

Oil and gas is on its last legs, and chem’s performance can’t carry all the deadweight of Fuels and Upstream. The new frontier is tech and go ahead to embrace this .

Good to see many hipo leave for better. 10yrs later those probably think that's best choice. Good to see those cannot go easily will have to stay on as no transferable skills over 10. 20yrs except em system knowledge. Professionals not too worry as market value about same.

I just started applying jobs, hope can land somewhere better for my mental health. All the best for everyone who's doing the same!

Injecting some positivity here: for all those who are still looking for jobs, I'm rooting for you!

Have so many competent colleagues who were let go. You're being underpaid in EM, and you'll definitely find greener pastures out there. EM is still a good name amongst employers. For those of us who have been in the company for too long, make sure you set up your linkedin profile too, it's amazing the opportunities you can get there.

@46iza+16zEvLP3

You make a great Analyst
Got new job got more free time
No more useless em best practice to bother anymore
Now the best things is happening to you
Awesome my friend

@46iza+16zEvLP3

Haha... we were employed and got free time to look at phone. Not like EM doing unless OCVM, LPO, Webcat, after all these, incident still happen, then NLI, LI, incident still happen.

https://www.straitstimes.com/singapore/health/hold-toxic-managers-accountable-drop-useless-meetings-commerce-chamber-ceo-on
Sounds familiar? Look no further than our EM fake managers who have the following traits as ultimate fakes :
1) Say care about you but really don't
2) Say you did a great job, but actually they take all the credit
3) Ask you to do slides for yourself to advance, but it is for their upward presentation
4) Spout safety, controls and nonsense process but actually don't walk the talk
5) Ask you to polish your EADS for better ranking but actually for their cut and paste for own
6) Take credit when it it is your work, but throw you under the bus when things go wrong
7) Ask for feedback but actually use negative ones to target you
8) Appears to know everything when you present but did no work in helping

The list goes on and some malost their real self after faking for so long! For the young ones staying, you better learn to do faking and upward management all your life.

Time check ✔️ who else still working?? Is this ever gonna end?

@46lwg+16zEvLP3 sour grapes

Yah the laid off people got plenty of free spare time becoz no more no need wasting time on bu-----t lpo lpsa ocvm vnv nli li countless meeting sharing repeated reviews and useless time wasting hours 1 on 1 with managers and supervisors
Already got a job trying to practice lpsa for fun somehow new employer say WTF is that dont and no need waste everybody and your own time just carry on with your work
So i realised em lpo lpsa bla bla bla is all bu-----t and useless in other company zero value no value at all
Now this is the new found freedom of time and you only do your job scope
Here i dont need to know mgmt jobscope or must complete fark things call webcat also
During my time in em even being the lowest level technician must know and be webcat certified from my technician post until Houston mgmt jobscope
We Technicians are not Professors and not paid CEO salary to know must know everything OK
Love loving my new company already
Leaving em wasn't a bad move poor choice after all

Funny all the laid off people are still on this thread. Guess they still jobless and rejected from their countless interviews that’s why so much time to come here. Go and take more courses to build your resume la!

Another Monday.
I know you guys will work your a-s out to please the bosses so that you don't lose the precious job.
But you are only waiting to be PIP'ed.

As you continue to deliver results and work long hours; night calls etc. Think about what SG management is doing for you....i dont mean empty words of " Well done /Thank you". Think hard about what tangible appreciations has been given, as opposed to the tangible results you delivered.

If you are happy with the above, good for you and continue. Else it is time to let go and leave.

The truth of the matter for EM is that it has passed its glorious era and the sun is setting fast on this industry. As a result, we will see the following fallout from current situation:
A) Early 50-60yrs old employees which include GC herself . Some will be Piped without much payout ( that’s how the system works , as u get older , you become an anchor ie you sink. That’s why they are often branded the anchorman not for no reason lol) while those that remain , they will perform the job of “ last office “ ie shutting down and winding up the operation . They are also likely to sink with the ship but will a life jacket or buoy :)
B) early 40s to late 40s. This is the unfortunate sandwiched group. They will find it challenging to switch runway with equal pay . But If they continue to stay on, they will be too young to “die” before their times sinking along with the ship
C) below 40s , this group will jump ship. It’s no brainer that this industry could not provide them the runway till retirement. They will bite the bullet to switch career even if it means temporary pay cut.
With the above scenario , what future is left for EM??? Those in the first category will continue to toe the party line to enrich themselves as much as possible ( this explains what DW is doing ) to ensure they have a fat pay check (ie life jacket and buoy) when the ship sinks.

Remember the last scene of titanic ? There was a few guys playing the violins before the ship sank? These were the pple doing the last office :) chanting “ we are ExxonMobil” lol

Good luck worker bees ... 🐝

When you join a tech company, don’t stop learning. Keep improving by taking certification. IT certs last 3-5 years and keeps you on the ball.

Comptia, LPIC, CCNA, GIAC, (ISC)2, OSCP, Cloud, Coding

As what LHL say ‘Digitalisation, Automation, Sustainability’ is the future trend.

Rumor has it that HQ wanted to cut AWS in 2020 but SG mgmt fought back. No prize for guessing what HQ wants this year, but will GC fight back? First year as LCM surely she has much to prove to the overlords. Methinks the cut is inevitable but announcement will be made closer to year end. Gotta milk SG workforce for as long as possible!

Lol enjoy your days in EM then.