Former ExxonMobil here. I was a long tenured employee and used to have great pride in the company. But in the last few years the culture at XOM has changed dramatically for the worse. I was part of the wave laid-off during the summer (XOM lied and pretended it was a PIP program). The next wave for XOM layoffs is about to be announced any day now.
I have been checking the layoff boards for other O&G companies. I am struck by the fact that the Shell board here seems to have much less activity and posts, especially compared to the ExxonMobil board. And the posts on this Shell board are not nearly as negative towards Shell, compared to the strongly negative comments made by XOM employees off towards XOM.
My theory is that there is a lot more disgust at XOM at the way they have handled the situation. XOM lied to their employees and to the public. Their approach lacked integrity. The entire industry has suffered from the drop in demand, but XOM has handled the situation in a way that has completely destroyed employee morale and turned the work environment absolutely toxic.
What are your thoughts. Especially interested in comments from people that know something about both companies and their culture.