Self serving management will do anything to satisfy the shareholders and employees are ready to sacrifice…whether for a merger or to give the illusion that all I costs are going down…..whatever the real long term c price of this strategy
10 replies (most recent on top)
At JG1-JG2 there are a lot of useless and petty people who are purposefully out to get rid of the talented folks below them to eliminate the competition. You can get fired for either being too good or fired for being not good enough. Hide in the pack!
A trick the folks making decisions use is to bundle activities to include some useless stuff with the essential stuff. They're too lazy or too far removed to look at all the activities item by item and cast out the useless stuff. So they end up throwing away good with the bad.
“shell offered voluntary severance because if you were severed and dont apply for a role, you get let go”
…. quite the take. voluntary severance would be open to all, like it was in 2020 reshape
Hopefully this time Shell offers voluntary severance.
Shell offered voluntary severance this time, and it always will. You did not have to apply for a role, and many managers asked if there were people who wanted a package. It's easier for managers to accept volunteers, and that's the biggest driver for managers.
Org chart is still middle heavy - a lot more of "integrators", "planners" and "leads" around and bag carriers as well. Bunch of central teams who are multiple layers away from the bottom line.
Upstream still has room to lower overhead costs - large large exposure to offshore which has fewer operated wells compared with onshore and sizable fraction of non-operated production (brazil pre-salt). Next round of reorg will need to truly target ineffective work processes and the people who make a living solely out of administering them without much accountability for bottom-line performance.
Guarantee the spouses of the IT leadership team will keep their jobs. Powerful men at the top protecting their wife and wife friends.
Plenty of savings in P&T still, most development and IT platform (I.E. Servicenow) operations done in Blr can be outsourced to TCS, Wipro and sorts. IT is not core business, just Apex and Opex loss.
What is left to cut in P&T? Development and Subsurface moved to LoB’s, internal engineering function dismantled several years ago?
Stop the nonsense, it will be the usual 2-3 years cycle. So expected to start on 2028.
With only expection p&t will continue their layoff through this year and next year
Hopefully this time Shell offers voluntary severance.