I have at least a year of salary saved up and while I’m not at the age of retirement (not even early) I am still looking to leave EM. I know others are looking to leave and have a strategy of their own. Do you mind sharing it? I am not sure how much more I should save in case I just say screw it and walk out with no back up.
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My plan is to put my house on the market and start a new life overseas. I am scared but I don't want to stay here and stress out anymore amount mortgages, cars, kids schooling etc. I have a plan sort of. I can't share all the details but basically a lower cost of living in another country and maybe after a few months look for some side work to keep me going. I'm really interested in real estate or anything I can do remotely.
Agreed. Cremation.
Compressed into synthetic diamond.
Cremation.
Carbon-collected.
@dnn+17Y2juso I’m in the Delaware field. These young engineers not knowing what they are doing going way over budget since they have to redo everything is k–ling this company. Total cluster, no organization. No communication.
Seems as the secure paycheck is with the 4 fingered guy at the wellhead.
Advice to OP would then be place an RFT in for field operations and don't worry about these layoffs.
The wellheads grow out of the ground and guys with two fingers on each hand show up to collect a paycheck.
Just a little friendly class warfare here to liven up the mood :)
Yeah, I’m sure the guys visiting the wellhead everyday could design it 🙄. “Better than you coz I got experience hitting things with wrenches unlike dumb engineers ...”. A tale as old as time.
If you are not visiting a wellhead everyday, you are not producing. Many of these posts seem to come from the unproductive eaters in an office or cubicle - or "working" at home.
@lsp+17Y2juso It is true. It’s been years since I will openly tell people where I work. Most people think it’s jus a gas station and the few that know more did not have good things to say.
It took me about two months to get a new job, from the moment I applied to the time I got an offer. I met with the company representatives about 5 times, with multiple touch points with their recruiting.
The key was to have a network that put me in touch with the right people in that company. Their advocacy was key.
Contrast that with many other applications I’ve submitted, which I never heard back. Or other companies that called back and either failed to schedule interviews or ghosted me.
Covid has made most things slower but there’s are great companies out there.
My offer includes a six figure salary, plus annual bonus, great medical/dental, relocation, 6% company match to 401k, and a one-time sign in bonus.
It took me about a month to get my stuff in order, research what industries and companies I wanted to go, figure out branding, get my resume in shape, and myself ready for interviews.
Most of the interviews were highly technical as opposed to behavioral, which I had expected.
It turns out, in my experience, none gives a damn about Exxon; it’s not highly respected as we are led to believe, if anything its reputation is poor.
In the end, I’d say it’s all about networking and having marketable, demonstrable skills.
I was fortunate to have uninterrupted pay, but just in case we have over a year dual-income cash in the bank plus all other savings intact; we’ve been pondering leaving the industry for a couple of years since leadership has steered in the wrong direction.
Vote with your feet late than never.
I wish you luck.
Same position as you. If I get axed, I’m going to stay calm, almost immediately cut my expenses in half, and take a little while to decompress before really ramping up the job search. I can probably survive a year and a half without changing anything or touching retirement accounts, and considerably longer when expenses are cut. Im fortunate, but that’s also my early retirement starter money, so I’m not looking to bleed it all. While decompressing, I’ve got some moonshot job search ideas that I’ll entertain myself with ... if they work, great, if not, back to the grind when the vaccine is implemented and hiring starts again.
If you even think about leaving ExxonMobil we will throw Welch's grape juice on you which will mess up your clothes because its hard to wash grape juice out of clothes. If you don't want that to happen get back to work and stay quiet. Thank you.