Thread regarding ExxonMobil Corp. layoffs

When I used to travel on company business, I ate at fast food joints like McDonald's. Total food bill, maybe $20/day. My colleagues, on the other hand, would hit up all the five-star restaurants in the area, the steakhouses and the Italian places with the unpronounceable menu items. Never understood that, but maybe I'm just old school frugal.

@2agy+17uf8YrY I think I know who you are! Didn't you spend nearly $350k on your Amex in a year?

You mean going to 35 Countries in your first 3 years isn't the norm? All in the name of development. Those were the good ol days.

XOM could squeeze a lot of areas, but that would require work. Let's be real, they have never cared about their people, it's always last in most BU Strategic Priorities

I’m claiming $400-$600 per month in home office expenses. Don’t need receipts for the pens, paper,staples,folders, computer ink, etc under $50, and I submit the same type of report every week. Working on getting as much of my 7% back as possible!

Has Carlsen Travel been released from their contract? Every time I traveled I compared the rates I could get on my own. Carlsen was 15, 20, 25% higher. Gravy Train for Carlsen.

It's not the cost of the travel, it's just a tell. A culture that embraces whatever you can get with on the company's dime is not really a culture that is going to do things efficiently or have any regard for cost. Which, when revenue turns against you, tends to be a problem.

I met a guy at whatever they call the executive training at UNC. He flew around the world inspecting air facilities worldwide. Mostly in Africa. I wouldn't really want to travel 200 days a year, but that's just me. Nice guy. He lived in Texas McMansion and had concierge level AAdvantage perks and just traveled 1st class around the world. And mind you, he wasn't getting under the hood to check wiring of a Eurocopter, he was checking to see if aircraft facilities had inspection paperwork and fire extinguishers. With stops in Belgium for chocolates and overnights in Amsterdam. Everybody knows a ton of these people.

It's just a p–p show. Happy to be gone.

@1bzm+17uf8YrY We benefited from the free food and entertainment when they visit.. surely you have eaten on company’s expenses! Just last year we spent 10 grand for a couple of hours on drinks and food! Budget is there for a reason! To spend!

ExxonMobil in general, and specially EMIT, CSR, old URC (now RTD), CSC and projects (old EMC) have people who were (are) addicted to traveling all over the world. In the names of meaningless activities like... qualifying, kickintgoff, site visit, joint discussions.

These aholes portrayed that world needed ExxonMobil wisdom. I am sure other companies hard working folks when they see obnoxious EM employees coming in for their special visits and meetings wanted to spit on their faces.

Every time an Executive showed up at a site, there were generally hundreds of man hours put into preparing presentations and group dinners at fancy restaurants.
Stopping those id–ts from traveling saves a lot more than just travel costs.

Not helping! I’m worried if I can still maintain my solitaire PPS next year.. need more travel budget.. hate to spend my own money..

I came from heritage Exxon and I have the frugal mentality that Raymond Lee taught me. Fast forward many years after, my colleagues in my team were just too excessive in travel and they flaunt where they went and what they ate etc etc. I did not ask too much travel and during most of my biz travel, I sparingly used my AMEX for food. Guess who was eventually PIPd. Me. d@ngIT

The amount the company spends on travel is barely noticeable in the grand scheme of things.

Reduced travel costs will come when top executives start flying public flights instead of company owned jets, and when company jets get sold.

Did you get PIP'd? Seriously, reducing costs MAY help earnings? Reducing any cost WILL help earnings you dumb@ss.

Lol not even a rounding error when losses are in the billions.

Savings in the tens of millions for sure. I'm in a customer-facing role, and until March our managers basically lived in planes and hotels, flying to a different city or two each week for meetings.

Not a shock at all that all those meetings have been replaced by zoom calls which are just as productive virtually as they were in person.

It’s a LOT. My division of 40 people used to get 300k a year for travel.