they just spent $500M on new corporate jets, that money was more than enough to fund our 401k last yr
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They need them to carry their big egos around.
Is there a credible report on this? If true a total slap in the face for the real workers.
I'd like to think that this is not true. But I'm not so sure anymore nowadays.
With the god pod in Irving and the majority of the company's employees in India, Argentina, and everywhere else but in the USA it makes sense to purchase new jets plus the jets are carbon free.
As @pzf+1brIdul9 said doofus mgmt. had millions to spend on fighting Engine No. 1 but have no money to keep people employed or pay benefits. The mgmt. is exposed off their covers. Those that are remaining back in an abusive relationship because of perceived long term benefits. Good luck if you stay. I am jumping the DW ship!
Chevron folks like this one.
https://www.captiongenerator.com/2254511/ExxonMobil-CEO-Reacts-to-2021-Shareholder-Vote
We’ll, if I have to go out to Midland, I need a jet to get me home since I’d never spend a night out there.
They don’t want Presidents and up mingling with the peasants
The money wasted by adding two additional board members in the next 12 months and their ad fight with Engine 1. Restoring 401k is the last thing in Xom's list
Jump ship if you can