Thread regarding Saudi Aramco layoffs

Aramco and Exxon: similarities

Its all part of Aramco's "get cheap" policy. They have adopted the Exxon HR model. If you need an employee that costs X, hire two and pay them 50% of X. One will probably leave or be useless and get downsized, but then you have the other at 50% of the cost.

I quoted someone from one of the threads below because I totally agree. Aramco seems to be copying Exxon in everything that is not good?

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| 7164 views | | 3 replies (last July 20, 2021) | Reply
Post ID: @OP+1bUFd0Zy

3 replies (most recent on top)

You can't really expect anything else when you never have any original ideas and pay hired g-ns (major oil castoffs) to run your HR.

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Post ID: @1rgz+1bUFd0Zy

For functions that don't do anything besides PowerPoint, it won't matter other than to make morale even lower. For functions that actually matter (fewer of them these days) it will destroy them. Guys who make 50 percent comp doing the same job as the guy next to them are bound to be salty. Beings everyone down and they leave, mentally if not physically.

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Post ID: @cpe+1bUFd0Zy

Yeah, we'll see how that works out, Inshallah...

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Post ID: @bpo+1bUFd0Zy

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