If the company wants to save costs, why retain so many Executives? I’m fairly certain that AI or outside strategy consultants could arrive at the same answers at a fraction of the cost…
Also, why retain businesses that require so many people (Chemicals)? Shouldn’t these businesses be divested asap?
8 replies (most recent on top)
Every VP, EVP, CEO, and CFO should be hired locally in India and based in Bangalore.
Lead by example.
Save hundreds of millions with those positions because the salaries for top Executives are less than $50k per year.
VP level is shocking - so few brain cells or original thoughts
Hear rumor that CL34 may be the new company definition of Exec. Problem solved.
We should also be getting rid of all of those private jets.
@cb They keep backfilling them all. I haven’t seen many VP roles in Chem or Downstream Business lately. Looks like a ripe opportunity in this down cycle!
What interested me was XTO IT people thinking they were exec material.
Where have you been? Many execs forced out recently. See all the retirements in recent years.
They are trying really hard to cut execs - don’t worry. Unless you are 38+ pot, you are never making exec these days.