It's like his private property. He was lucky and had some talent, but his returns are sooooo oversized and he did nothing to deserve the whole thing for him self and the pack of wolves that follow him. The game is rigged.
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The supervisor s and managers believe they have absolute power as well. They are the most arrogant, clueless, stupid, inept employees ever. They walk around like they can't be touched by the lower classes. The two second line female stupivisors at btec are arrogant b I tches. They walk through the halls and expect everyone to move out of their way. They don't talk to any of the employees except the first line stupids. I have never seen such dysfunction and loonacy at a place. Power has definitely gone to their heads.
All these discussion, sadly no one cares.
Simple things you can do, do up your resume. Network and get to know employers that can give you a job.
Save some dough. Instead of using your personal time, use company time to do it such as taking a dump in office instead of at home. You save money, you save time and your are paid to po-p!
Stay positive!
@ax note he is MC member since 2014, President of Corporation since 2016 and CEO / Chair since 2017. Accountability for decisions made over a decade as MC member matters equally if not more, just like accountability of other employees and contractors.
https://www.linkedin.com/posts/brock-derbes-300807128_exxon-to-lay-off-thousands-in-office-strategy-activity-7378981066897838080-lEVt?utm_source=share&utm_medium=member_android&rcm=ACoAAALU6LkBTm8tBGObLkpIxe7I62dcL9DN5cI
@ad he was not the CEO 10 years back. What you should do is compare 10 year performance with the last 5 year performance. That's the real impact of his leadership.
@ab LoL you deserve each other.
@a9 Did you get paid to write that?
The company is not ahead - check the share price over last 10 years relative to CVX for instance or alternative investment options that shareholders have - CVX10yr 66% up ; DJ 10 yr up 166%; NASDAQ 10 yr 361 % S&P 226 % XOM 10 yr 34% up
Some very poor large investment decisions were made that resulted in dismal financial performance which showed in bottom of business cycle conditions, particularly exposed by unique conditions caused by the global COvID pandemic.
The measures recently taken were table stakes; managing cost competitiveness of an inherently cyclical business is business basics and leadership lost track what really matters: make the right investments and always be cost competitiveness in the bottom of the business cycle.
The manner with which decisions were made to improve the bottom line performance in recent years, could have been done much more thoughtfully - not only for the people that were impacted but also for the people that remained.
@a9
Do your homework before posting such nonsense. Plenty of very good and higher ranked performers were let go in 2020 because they were getting close to 52 years of age. That was not an NSI layoff!
100% agree with @a9
I wouldnt say that. He navigated us through a very difficult phase during covid and didn't fall for green energy. All companies who jumped blindly on the green bandwagon have regretted that investment. We stayed close to our core. I know several who were laid off during covid, and many deserved it (that was the first NSI layoff. I do agree we are now hitting some really good people with NSI). DWW deserves credit for his disciplined approach to bring us ahead of peers. Wait for his new operating model to sink in and we are going to do great.