Thread regarding ExxonMobil Corp. layoffs

Involuntary FAQ Question

On the FAQ it states that folks affected will be notified on December 1-15th but be on payroll until February 1-15th. Are they wanting us to work/handover in those two months or do we pack our bags and go home but still getting paid until February? And on top of that we get paid out for our vacation and severance? Need some clarification hear to financial plan if the worst happens.

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| 2850 views | | 9 replies (last November 17, 2020) | Reply
Post ID: @OP+17SIqwry

9 replies (most recent on top)

What are the decisional units? And which ones will be cut?

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Post ID: @6ikm+17SIqwry

Involuntary FAQ Question.

That is the title of the month, OP.
Spat up an ounce of good bourbon on that one.

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Post ID: @1rft+17SIqwry

60 days faking work might be difficult for some.
But consider it a fast-track XOM management training before you are out the door.
Hope you'll never need to use that skill again.

If you find another job in the interim, just keep it on the lowdown.

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Post ID: @fig+17SIqwry

FAQs just got updated. Go check it out because it answers this question. You have to work the 60 days or you get no severance. I think what the company is doing here is banking on some people getting another job quickly and not having to pay them severance.

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Post ID: @dss+17SIqwry

I'm not sure what Exxon's policy will be. I can tell you from experience at other supermajors is you will be given a 60 day notice and you'll likely have a 1-2 week debriefing or handover period with your supervisor. Once that is done you will likely be asked to work remote if you're not already and mainly just be on call in case a question arises related to your position. At that point, you'll ride out your time and look for other positions. I've never known a manager to demand full engagement during the 60 day period.

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Post ID: @cou+17SIqwry

@nkf+17SIqwry - if you are walked out the same day, it would allow you to take interviews and hire on while still getting paid by XOM.

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Post ID: @afm+17SIqwry

Doubt it would affect ExxonMobil's financial plans much if you walked out 2 months before you are no longer required. In many companies you are escorted out immediately after being told you are no longer required. You should still be paid the notice period.

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Post ID: @rqx+17SIqwry

There’s another string lower down that talks about whether or not you’re walked out the day you’re informed or if you work those additional two months. Advice was split evenly (i.e. doesn’t sound like anyone knows). Curious as to how that would affect financial planning though as both scenarios pay out the same, right?

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Post ID: @nkf+17SIqwry

OP here - spell check on last sentence “need some clarification here**..”

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Post ID: @fpf+17SIqwry

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