Thread regarding ExxonMobil Corp. layoffs

Shell will give shares to all the employees

Shell CEO announced they will give to everyone $1000 worth of shares and will be vested next year.
What Exxon have done to the employees????

by
| 2471 views | | 10 replies (last February 21, 2021) | Reply
Post ID: @OP+19umtYe7

10 replies (most recent on top)

Well, XOM gave me 3 months pay and insurance to GTFO, and nothing but grief and pain to stay and play the PIP game.

Sounds like I made out better than the Shell smucks.

by
| | Reply
Post ID: @2pqm+19umtYe7

it is 1000 shares, not $1000 worth of shares

by
| | Reply
Post ID: @2euk+19umtYe7

$1000 is not that much. Worked TA for a few weeks at some locations and was rewarded with 3x that.

by
| | Reply
Post ID: @1qzj+19umtYe7

Top executives took those shares.

by
| | Reply
Post ID: @1qzx+19umtYe7

Shell - Top performer
EM - NSI

by
| | Reply
Post ID: @cww+19umtYe7

$1000 isn’t much of a gesture if compared to the 401k match. However, the idea of company shared is great. Rather than taking away benefits, ExxonMobil should have switched to company shares so that we are all now vested in the recovery.

by
| | Reply
Post ID: @mbb+19umtYe7

Haha that's great. I interviewed a bunch of experienced hires a few years ago and a sharp fellow from Shell really pressed me on my real opinion on his situation. I told him to stay put since his wife was already working at EM and not to put all his eggs in one basket and he did even though he was the top candidate. I hope it worked out for them

by
| | Reply
Post ID: @ryg+19umtYe7

Well, Shell will likely exist into the future.
What Exxon has done to the employees will be forgotten.

by
| | Reply
Post ID: @jti+19umtYe7

Let them eat cake.

  • DW
by
| | Reply
Post ID: @hcv+19umtYe7

Maybe I’ll go to the movies, by myself.

by
| | Reply
Post ID: @ejo+19umtYe7

Post a reply

: