Thread regarding Saudi Aramco layoffs

Let's review Aramco's Business Lines starting with Finance

Finance is Aramco's ugly step child. Some areas are better than others, and I'll give you my opinion about the different departments.

Controllers and Treasury. I lump them together because I think they are both uniformly cheap and dysfunctional, and some teams are downright toxic. Culturally, Controllers tends toward micromanagement while Treasury is more capricious, but both have high turn over and I would not recommend either of them.

Corporate Planning (they call themselves S&MA these days) has some better teams, but some are really dysfunctional. I hear that its getting worse, just like the rest of Aramco.

Don't know much about Investor Relations or Internal Auditing, so I can't really help.

There is a new department called Finance Development and Support. It contains the leftovers from some really high turnover divisions. Management is the same as when that turn over happened, so I don't really recommend this department either.

If current or past hires can post about the different business lines, it would probably help those considering a job. There might be some decent places left at Aramco to work, but I would be cautious unless you know people already employed there. Also, if you apply for one job but HR calls you about another, I think this is a red flag, especially in Finance.

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| 6101 views | | 7 replies (last March 4, 2023) | Reply
Post ID: @OP+1l88Prj6

7 replies (most recent on top)

What about communications and media relations?

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Post ID: @lybf+1l88Prj6

@3vpw+1l88Prj6 case and point a substantial reduction in emissions has been achieved yet you see all the smoke coming out of those flairs and heater stacks from coast to coast...

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Post ID: @ipin+1l88Prj6

Didn't work in power, but from what I saw it was basically operated by third parties. The people I knew were doing reports for management, not running equipment. Not sure about turnover, but I know that most of the renewables team left a few years ago.

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Post ID: @gkvx+1l88Prj6

Can someone also share experience for the power system department ?

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Post ID: @fzjd+1l88Prj6

I never saw a case where Aramco really cared about whether a decision made financial sense or not. Finance is just there to put lipstick on the pig.

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Post ID: @3vpw+1l88Prj6

Now merged with DT, it’s open warfare as the bald male tribal managers fight each other for a comb.

I laughed so hard I almost passed out.

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Post ID: @rpc+1l88Prj6

Avoid IT. Completely toxic and managed by utter nonces mostly related to each other. Now merged with DT, it’s open warfare as the bald male tribal managers fight each other for a comb.

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Post ID: @hac+1l88Prj6

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