Thread regarding Imperial Oil Limited layoffs

@cz The majority shareholder agrees that there is a lot of dead weight, especially in corporate services. Do you have any clues as to how many execs there are?

Imperial has promoted so many undeserving su-k ups they will continue to do layoffs and never hit the id--ts who need to go because of their job titles.

The good leaders in both Imperial and Exxon have retired as soon as they were eligible. Everyone else with a brain is stuck at first line or second line level to get bypassed for promotion by someone who only plays politics and doesn’t make meaningful contributions.

Whalen is a perfect example, good little boy who doesn’t think and follows instructions like a robot. Moved him all the way to CEO.

Its actually surprising Darren Woods made it to the top of Exxon considering how well liked he is.

You have to be willing to be morally flexible and just hope nothing goes wrong taking short cuts to meet your boss’s demands on the fly.

@cm The plot twist to your post is when you end up being deemed the overcompensated dead weight.

It’s basically a reflection of corporate propaganda for you as an employee to cheer on layoffs.

Imperial Oil is an extremely profitable and lean company that pumps liquid gold

Imperial employees are freaking out without a valid reason. There have been many such "scares" over the last 20 years, with so called "studies", "surveys", clandestine meetings etc. The truth of the matter is there are many non-deserving beneficiaries of fancy leadership titles and unimaginable compensation in corporate roles that if they were laid off, nobody would miss them or their non-contributions. In fact things would run efficiently and cost effectively. There a lot of dead weight in the organization, it would be better for all of us if the were shed.

@bm Why the NDAs then? Why the dog and pony show with the IOL Board in Houston? Why was the entire leadership team brought in from out of town for meetings with HR? Why so many glum faces around QP? When we had the last relocation down to QP from FAP there wasn't this much secrecy. It's bigger than just a reorg.

I thought I was having a stroke reading that post...

There is just a large reorg coming that includes decisions on office space closures/moves. Reorg will naturally result in some roles being eliminated but will be managed by natural attrition, retirement, and PIP. Just relax and stop freaking out.

What are you even saying? Either speak clearly or don’t speak at

“I just hope someone posts the decision”

Assume you are referring to the ongoing rumors. Sure. We all hope the announcement is made soon.

“purely driven by shareholder returns,”
No idea how this connects to the previous or next sentence. Lay off the green stuff, it can get you fired.

“what a shameful way to ruin a great Canadian company”
If you’re not even sure what’s happening, then how are you designating it ‘shameful’ and concluding it will ‘ruin’ the company?

“Congrats to the management team in Australia, Retired and soon to be retired.”
Hmmm…. Feels like you skipped on the Vyvanse today.

“What a legacy to leave”
This is an anonymous forum. You don’t need speak in code/riddles. Be clear on who you are blaming and for what.