Thread regarding Pioneer Natural Resources Co. layoffs

Got this feedback from anonymous XOM Person

"I was XTO and was in similar situation when we got bought in 2010. They will likely keep your pay/benefits same for a year post-close. Then they will convert you to the XOM comp/benefits structure. Your base pay will almost certainly grow (likely substantially) to account for your delta in base pay averages compared to XOM workers, higher benefits costs, etc. You’ll get good 401k matching, and then the pension is solid (especially for younger/mid-career employees…. And assuming we keep it long-term). As

Someone who has been through this before, you’ll be happy with the pay/benefits. It will all work out financially. From a work-life balance perspective, half the company bounces after lunch on Fridays. Will it be as ‘family oriented’ as you have now? Nah. Again, having worked at XTO, there were limited opps for promotions there because you had smaller work groups with people who stayed 30-35 years and promoted within departments. You’ll have more opportunities to advance, bounce around, etc. Will it be tough? Yep. Will you enjoy it? Depend on your perspective? Are there politics? Yep (just like you already have). Does our assessment process su-k? Yep. Will it destroy your career? Nah. Relax, go with the flow, don’t fight it too much if you want to stay on and have a good career. Cheers!"

The grass is green where you grow it and it is looking like great conditions in the soil.

by
| 2451 views | | 4 replies (last November 1, 2023) | Reply
Post ID: @OP+1pfv901S

4 replies (most recent on top)

Interesting perspective. I saw that people without degrees were edged out quickly. I have mine so I was spared.

by
| | Reply
Post ID: @8lmd+1pfv901S

There was a 5 year period where Bob Simpson agreed Exxon couldn't cut XTO employees. Around 2015 i started seeing fewer and fewer faces. I was soon let go with the main method that Exxon uses to "lay off people" in 2016. All depends on what the Pioneer CEO agrees to for his employees. Also if they say they aren't moving you to Houston, they are bsing and will most certainly do it.

by
| | Reply
Post ID: @6dmy+1pfv901S

Actually you got gas lit.

by
| | Reply
Post ID: @myr+1pfv901S

something smells fishy and its not the poke bowls...

by
| | Reply
Post ID: @sbd+1pfv901S

Post a reply

: