Thread regarding ExxonMobil Corp. layoffs

Workers blindsided as modern layoffs strip away dignity along with paychecks

If you suspect your employer wants you gone, you're probably right according to new workplace data.

https://www.msn.com/en-us/money/personalfinance/workers-blindsided-as-modern-layoffs-strip-away-dignity-along-with-paychecks


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Post ID: @OP+1kkp51pg6

4 replies (most recent on top)

Ageism alive and well at xom. 30 years of experience in xom? Your gold watch is getting pipped and told you su-k

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Post ID: @fj+1kkp51pg6

This is standard American corporate culture that is now being adopted globally. America has no grounds to be upset about this, it's your making and due to the capitalist agenda for more growth forever, cost cutting is the only way to deliver it in a stagflating environment.

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Post ID: @f6+1kkp51pg6

https://www.moneytalksnews.com/workers-blindsided-as-modern-layoffs-strip-away-dignity-along-with-paychecks/

Layoff Shock: Employees Caught Off Guard and Left in the Dark

Recent layoff trends have struck workers with little warning and even less human connection. Zety’s Layoff Experience Report found that many employees were not only blindsided by job cuts but also learned of them through impersonal channels.

29% were notified by email and 28% by phone call. Only 30% were told in a face-to-face meeting.

1 in 5 (21%) said their layoff came as a complete surprise, while just 36% saw it coming clearly. The remaining 43% mildly suspected it.

One-third (32%) cited automation or technology changes as the reason for their job loss.

Quiet Firing Leaves Workers Feeling Disposable

Mass layoffs may make headlines, but many workers are facing subtler forms of dismissal.

From a survey of 1,000 U.S. employees, Zety’s Quiet Firing Report revealed that companies often use indirect tactics to push workers out instead of initiating formal layoffs or performance discussions.

73% said they have experienced quiet firing, with the most common tactics being increased workload without pay or support (14%) and micromanagement (11%).

70% said they believe return-to-office mandates are signs of quiet firing, designed to push employees out.

30% said they have felt they were training their replacement while being gradually pushed out of their role.

Post-Layoff Recovery Remains a Struggle

Finding stability after a layoff is taking longer and weighing more heavily on today’s workforce.

According to Zety’s Post-Layoff Recovery Report, which surveyed 997 U.S. employees laid off in the past two years, recovery often involves months of job hunting followed by renewed fears of job loss.

53% submitted more than 50 applications before landing a new role, and 1 in 5 had to send out over 100.

26% found a new job in four to six months and 7% in seven to 12 months, while 5% remained unemployed for over a year.

Even after reemployment, job security concerns remained high, with 62% of workers stating they were very concerned that a potential recession could impact their new job.

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Post ID: @bv+1kkp51pg6

Exxon Mobil PIPs and PDS are worse than layoffs.

Those who defend this sytem are ghouls, inhuman and shameless.

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Post ID: @aj+1kkp51pg6

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