Thread regarding ExxonMobil Corp. layoffs

Insert meme of a dog in a burning room: This is fine.

*The 2021 Fortune 500 list of the largest U.S. companies is out this morning, and while there was no change at the very top—Walmart landed at No.1 and Amazon at No.2, just like last year—there was huge turmoil underneath. Exxon Mobil, which has been in the top five every year since the list’s launch in 1955, plummeted to No.10 and recorded the single biggest loss, some $22 billion, among the companies on the 500. *

https://fortune.com/2021/06/02/2021-fortune-500-list-shows-turmoil-in-corporate-america-ceo-daily/?queryly=related_article

by Anonymous
| 2532 views | | 5 replies (last June 6, 2021) | Reply
Post ID: @OP+1baBPjaG
Comment! It's anonymous!

5 replies (most recent on top)

It is true and people are noticing. Exxon’s becoming a sh-t show.

by Anonymous
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Post ID: @3tab+1baBPjaG

Yeah. You're just dumpster diving with this post.

by Anonymous
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Post ID: @1waz+1baBPjaG

Tr-Tr-Tr-Tr-oooooooolllllll.

by Anonymous
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Post ID: @1rrt+1baBPjaG

The Fortune 100 rank is by net revenue, not by net profit, which is very misleading. If we sort the list by net profit, ExxonMobil won't even cut the top 1000 because it has a -$22B loss. Apple and MSFT takes the lead.

by Anonymous
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Post ID: @jet+1baBPjaG

Yeah, so what? We're all familiar with the circumstances from last year which makes this report sensible.

by Anonymous
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Post ID: @hwb+1baBPjaG

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