Thread regarding ExxonMobil Corp. layoffs

For those other 2020 martyrs, how was your experience and where are you 5 years down the road?

I am laughing all of the way to the bank. After 30+ years and age 60, I took the lump sum retirement when interest rates were at their lowest in 30 years. Rolled over the lump sum pension to an IRA. The 401K was 100% in ExxonMobil stock which was trading at $30 USD per share. When I rolled over the 401K to the IRA, the ExxonMobil stock price jumped to over $100 per share before I diversified the stock to lower risk volatility stock.

I thanked the V.P. of my business group for NSI'ing me when all of the financial stars were aligned financially for retirement. My ego about never being in the bottom 10% took a hit, but it recovered quickly after a forced retirement resulted in a significantly greater Individual Retirement Account which is earning 10%-15% return five years later.

On top of that, I am eligible for the ExxonMobil Benefits plan until my wife and I turn 65 years old.

Okay I'll bite: So you all said that yo were sharing your experience out of the kindness of your heart but then went on saying that you were just enjoying the drama, watching other people's struggle, gloating your supposedly better life, years after "letting go".
Which one is it?

@b5 The brightness and greatness has spoken. The defender of the faith trying to shield his mediocrity with words. Lol

I still have some young people I know at exxon to watch over and advise. It is entertaining to see what exxon will pull every year. It's like a horror movie that some of us survived. I wish all the rest of you ar exxon luck because you will need it. It reminds me if the new running man movie comming out. Anyone can take you out.

@en

Oh, but i's so entertaining :-)

I also find it a little odd that people that left the company 5 years ago come back to this layoff board. I’m looking for the right opportunity leave and I do not plan on looking at this website ever again once I’m gone.

I left a few years ago 2022 I think. Time goes by so fast when you are having fun. It was a relief to get out as my young a holke supervisor was busting my b alls. I check in the layoff fourm to see how bad things have gotten. It is a sick curiosity for me kind of looking at a roadside accident for blood or bodies. From what I have seen it has and continually gotten worse. From the toxicity, erosion of benefits and forcing workers out.

@a7 If I was leaving by my own way or a least being treated god in my departure. I will just come back to see and read about experiences about the job. But now , I can write whatever I want without being snitched, backstabbed, etc. Let it go is easy to say it, but when you have the chance to defend yourself, it is a little different, now I am untouchable for them or even for you.

You’re doing so well you’re back on this board continuing your toxicness because you just can’t get away from it. The reason people say it’s toxic is because of all the low performers complaining about not getting promoted because they don’t work hard enough.

I for one am glad to hear this. Would love to know what company OP moved to.

Batch 2020 here. The laptop box mess up, challenge getting employment verification, and working with benefits was a level of incompetence that I didnt expect from ExxonMobil.

Now that horrendous chapter is in the back mirror. I am happily enjoying my time at another super major and the culture is bit better but benefits are really better than XOM. While working at XOM I truly believe what they told us about our pay being competitive, however in my case I found that it wasn't. With excellent benefits my pay at another super major is much better than XOM. So use this data point as it benefits you.

@ac I’m not the one clinging to my previous job after being fired five years ago.

Don’t people have anything else in their lives besides their jobs? Must be a boomer thing.

Well me and my 2020 retirees pipees are doing fine. All of us are not working and enjoying life. Some of us wanted to work but instead found other things to do. One guy goes to the doctors for him and his wife. Another travels the world. I did really nothing except work on old cars and machines. I enjoy the work as a hobby. Exxon did the same to us the way we were pushed out was evil. Remember young ones it is comming for you too. I know a hipo who was piped out and I warned him. He did not believe me and drank the Kool aid. The Kool aid is poison remember.

You still seem to have XOM living rent free in your head.

@a7 get your bitterness bro. You do smell like a typical Xomer. And that's okay. Granted US has an individualistic culture resulting in people exactly like you who is all about me me me. That's okay. You be yourself and let others be themselves. If they want to share their experiences with others if it helps anyone else it is their right. Just like apparently a hoarding mentality like yours is your right. If you can't be productive and and helpful might as well keep your mouth shut and move on to the next suitable post. It is not that hard.

@OP So you got let go five years ago and you’re still posting about it on the company board?

Bro when I leave a job I stop thinking about it the same day. Move TF on.