I can’t believe how much talent will be forced out over the next year through the country studies. We are struggling for good people already and we are walking off the edge off a cliff blindfolded. It’s not if but when this will blow back.
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BSC and AI will wipe out virtually entry level jobs of college grads. We need to hire a few hipo for managment in the furture plus experienced hires from smaller E&P companies to be the human watchng AI and robots operate. But we are within 10 years of AI being able to do all routine office work, with a few SME watching over the AI. Alot less mid management needed also. Even without AI, asset sales will cut the small fields which was where employees got experience. New hiring needs to be suspended for next 3 years to see where AI goes and to see what is left after asset managment. Massive cuts in executive and middle management needed..so bottom 20% needs to go over next 3 years
With very few exceptions, we are a commodity business. When you admit that you are a commodity business, you need to operate as such especially for management, engineering, and technical roles.
As long as shareholder value is improved, it’s all good.
what talent are you talking about...the hc10 is no better than their indian colleague just expensive. That why exxon making the right move to replace them with indian...better and cheaper..
The only “talent” manager care about is the ones willing to “help” boost them to the next level. Once they squeeze what they can get out of you, they will show you the door. Lots of promises when they hire you. Once you are lured in then comes the bait and switch.
If you have any talent, envious coworkers will try to take work from you mid project or take your job if they think it has any visibility. You do the heavy lifting and they show up for credits. When it fails they will point the finger at you to clean up the mess or just bury it.
This is a nasty place to work if you have talent. Stay here long enough and you will become one of them… always justifying their lack of integrity behind some policies or a façade of doing the greater good.
If you indeed have talent then use your brain and run like he-l when they come calling.
ignore the Indian trolls, not worth a min of our life. They can turn this place into an Indian shop… XOM will become like HCL, not a better XOM
what the he-l you are talking about...the HC10 are being replaced by indian expat who are on par or better than them...there is no shortage of talent just talent replacement with better one..
They have been laying off the last 30+ years and still strong.
They cared about the Valdez. I remember the 80,s and the stigma of the drunk captain.
@OP mistake was hiring you
it's a freaking commodity business
Talent? Don’t make me laugh…
@bp Said who? Milton Friedman and some right-wing Randroid lunatic economists with PhDs from UofC?
I don’t see any of this BS in the U.S. constitution or any state constitution. Seems like it all rests on dubious legal precedent to me. Pretty easy to fix if we put our minds to it.
@as Bad press only matters if there’s consequences for the actions that caused it. I don’t see anyone at any level of government reigning in corporate abuse or largesse.
Corporations first responsibility is to their shareholders, not the employees. Never forget that.
They want to drastically downsize EVERYTHING. Recently retired MPT and as a substantial shareholder, I want them to succeed decimating the place in its current form and extracting maximum shareholder value.
nah they don't care.
and we stop caring because we realise they don't.
in the end nobody cares.
How do you know it's a mistake and not intentional? The failure of Exxon is their success. They will laugh at you in their retirement parties that they made you believe foolishly.
Yup just bussiness as usual. The thing that will hurt them is the bad press exxon will get from the explosions. Wait for the next oil spill or environmental disaster.
They. Don’t. Care.
Neither does anyone else.
All they care about is cutting labor costs to juice share price (read: executive compensation). This is every large publicly traded company ever.
The don’t give AF how talented you are or whether you leave. They’ll just hire consultants to come in and clean up any messes made by mediocre overseas office drones, or the AI slop generated by the LLMs they rammed down everybody’s throats to please shareholders.