I’m still new to ExxonMobil but I don’t know how our leaders think the actions they are taking don’t hurt our long term value. Short termism is very visible. The way good people are being treated is cruel and does not make us younger gen want to stay around. All of the people who want to teach us are leaving and I don’t many the ready to retire but the people who have been around for 10-20years are leaving and the gap is becoming more and more obvious with no one replacing them with the work being outsourced to India.
Then let’s go to the system and process. They just don’t work anymore. Any new system or software su-ks. career connect doesn’t work, D&S is even more opaque (maybe yet again the plan) and we’ve outsourced our pay, vacation.. basically everything with no accountability to fix or own any issues.
The foundation is sinking and it’s just getting worst. I’m leaving as soon as I can but investors and shareholders should be worried. DWW is feathering his nest for retirement but our stock will be impacted by the short term actions that will impact long term value