Thread regarding ExxonMobil Corp. layoffs

Rationale of aggressive PIP firings?

Does anyone get the value add rationale of this seemingly senseless forced turnover?

If the units don't need to shrink much, it'd be bringing in fresh inexperienced folks to replace PIPed ones. Hardly a recipee for efficiency if they are pushing for reduced Opex.

Also, if there is no PIP protection cycle to cycle, then anybody can be PIPed on a short notice with little or no severance. Why should not the more competent people in the less than 40 y.o. camp jump elsewhere the moment they get a decent outside offer?

It seems the social contract of the prior years is badly broken, so there is zero loyalty given then there is no expectation to be able to retire from Exxon anymore.

Does management expect people to stick around nonetheless because we are Exxon???

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| 2738 views | | 12 replies (last June 27, 2021) | Reply
Post ID: @OP+1bvDbC4w

12 replies (most recent on top)

Your whole premise is flawed. Headcount is being reduced. Inexperienced back fills aren’t needed. There are no backfill.

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Post ID: @3aij+1bvDbC4w

@2wzb. Don’t recommend you bet money on that statement

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Post ID: @2mbm+1bvDbC4w

Value add is we have gotten rid of a whole bunch of people and are still getting work done. The work expands to fill the available workforce. That is how we got into a culture of non value add work. We are being forced to focus on what needs to be done now and stop doing all the work with self and stupid stuff. We no longer have the employees to do anything more than the critical items.

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Post ID: @2wzb+1bvDbC4w

A net personnel reduction of about 5-6%/year for 3-5 years through PIPoffs is overall equivalent to a layoff of 20-25%, similar to that of November 2020. The difference is that oversized PIPoffs allow precise targeting of employees out of reach for the regular layoff (NREs and REs, age 52-60), who are the costliest but also most experienced employees.
The apparently bizarre extended duration of these oversized PIPoffs, so destructive for morale and everyday work and so time consuming for the lower management, is that they will not only eliminate the current REs but will choke the pipeline that was feeding new employees to pension time. By the time “Napoleon’s long winter March from Moscow” (as aptly described in another post) will be over, the whole 50+ years old category will be clean - nobody left. If the management doesn’t want to convert (yet) the pension system, that’s a great way to eliminate a large part of the burden. People laid off or PIPed off in their late 40s will get a lump sum for pension, pennies on the dollar compared to real pension at 55-60.
Replacing people with 25-30 ye with 5-10 ye is a catastrophic blow for expertise and quality, even when you agree that many people over 50, in managerial or fake technical positions are essentially parasites. The management is OK with this catastrophic blow because anyway the system can’t tell who is a highly valuable experienced contributor and who is a parasite, as well as the fact that a highly paid experienced contributor is really worth the money only if the system puts them to good use, which is not the case at EM.
Why do you need somebody who can actually “find a new Guyana”, when you systematically reject their work and opinions ? D-mbing down and going cheap are better options when you have a system that perennially promotes mediocrity and rewards only leeches.
Yes, the “contract” is broken, but how does it matter ? Before, EM used to attract many good people who had to fight the system; now it will attract only failures and scoundrels who will be paid far less but will feel at home here. As long as it lasts.

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Post ID: @1eza+1bvDbC4w

WeAreExxonNobil and we are #NorWinningAnymore

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Post ID: @1twp+1bvDbC4w

The company brass is arrogant enough to think that Exxon is still viewed as a glamorous place to work. They really are that tone deaf. And they’ve promoted in their own image over the years, so the middle management ranks are full of arrogant, useless bobbleheads that don’t have the courage or conviction to tell the Emperor he has no clothes.

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Post ID: @tpw+1bvDbC4w

Why would under 30 would want to stick around the oil patch? It's suicidal !

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Post ID: @rmq+1bvDbC4w

Because there aren't many offers in the oil patch at least.

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Post ID: @rvc+1bvDbC4w

McDonald's style workforce - paycheck to paycheck, come and go on a whim.

The "wise" sunflower management "holds" it all together!

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Post ID: @ozp+1bvDbC4w

Total strategy in Annandale, loads of contractors in mechanical (fitters/electricians 102/475 ) boiler room, electrical designers , pipe designers, also foreman / superintendent roles, xom employees backed down ,sickening really ! and support roles, storehouse, waste management , waste water, moral at its lowest ever, place is toast. Wolves are out here.no loyalty ......clean out PA wing

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Post ID: @gcn+1bvDbC4w

It is all about OPEX. An entry level university graduate is 1/5 the cost of a 30 year veteran. A contract employee is even lower cost because there are no health or pension benefits.

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Post ID: @quv+1bvDbC4w

What I am seeing is employees being replaced by contractors.

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Post ID: @sbt+1bvDbC4w

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