Thread regarding ExxonMobil Corp. layoffs

Long gone are the days of having career in Exxon

The longer you stay the less it pays off. Then you get caught by age discrimination and you hit the street with years to retirement and no job in sight. Go look elsewhere, look for other jobs while still employed here, don’t be afraid and look for jobs in adjacent or even completely different industries. It’s a net loss staying here for longer than a couple of years.

by
| 1960 views | | 12 replies (last July 10, 2024) | Reply
Post ID: @OP+1tjs9puW

12 replies (most recent on top)

Glad I left after 15 years at EM for Google. Don't be scared to leave. In fact, leave while on your terms and before it's too late.

by
| | Reply
Post ID: @8ltq+1tjs9puW

Just like the Constitution says, "We the People." Today, on the eve of 4th of July, fo really think about the definition of, "People".

"We are ExxonMobil." Go think about the definition of, "We".

We = People = They not like us

  • Kendrick Lamar
by
| | Reply
Post ID: @1bpg+1tjs9puW

@1mjr Jobs were being sent overseas long before the pandemic and remote work as we currently know it.

I know that there’s a certain type of person that really, really dislikes remote work (ex. the guy in his 60s who’s bad with computers and has no friends), but this reasoning about remote work in the 2020s leading to more outsourcing doesn’t wash, and it never will.

by
| | Reply
Post ID: @1jdn+1tjs9puW

The explanation is simple.

The early 2000-2005, the internet revolution. Fairly new. No impact on workforce.

2005-2020, cloud migration and app virtualization.

2020-2023, the pandemic era promoted the acceptance of remote work, dissolving geographical barriers (no visa is required to hire someone offshore).

So now, we're witnessing a silent revolution. U.S. corporations, in their pursuit of efficiency, are leveraging global talent pools through legal entities in cost-effective regions. The financial implications are staggering - positions that once commanded $160,000 in the U.S. can be filled for a fraction of the cost elsewhere (20k with benefits I've heard).

For those in field-based roles, this shift may have little impact. If your work, however, is primarily desk-bound and conducted via Teams, you may find yourself part of this global redistribution of labor.

This is not a temporary trend, but rather the new face of our interconnected world economy.

Wall street loves it :-)

by
| | Reply
Post ID: @1mjr+1tjs9puW

I wish this phenomenon would come to the medical profession as well. Doctors would be paid wages like elsewhere in the world (no more than ~100k$), and we would be one our way to solving the out of control medical insurance situation here. But doctors dont have CEOs controlling their destiny and they have good lobbyists.

by
| | Reply
Post ID: @1pil+1tjs9puW

This phenomenon happened late in the oil and gas industry, which is why it’s shocking people now. O&G was one of the last holdouts. It happened in the IT/software industry at least 2 decades ago (remember Y2K?).

by
| | Reply
Post ID: @lem+1tjs9puW

@OP Long gone are the days of having a career anywhere bruh. Just ask anyone under 40 who’s been through multiple layoffs/restructurings/pay freezes and all that other fun stuff. A lot of you are only noticing this now because it took a while for it to bubble up to your level.

And no, it isn’t better at Chevron, or Shell, or Meta, or wherever anyone keeps saying it’s better. Same shareholders, same BS. Go wherever you’re offered the most money and milk it for as long as you can.

by
| | Reply
Post ID: @poe+1tjs9puW

Typically 5% get the NSI annually.

Typically 25% absolutely worry about getting NSI to the point it stresses them enough to affect their life.

Typically 50+% worry a little that they will get NSI or that the annual NSI plus retirement attrition will eventually place them in the line of PIP fire prior to planned retirement age.

The fears are genuine because NSI is often more based on getting a bad supervisor than actual need for improvement.

A few people have sponsors that protect them. Those people need a backup plan for when their sponsor retires.

In summary, the NSI system torments over half the workforce.

WAEM

by
| | Reply
Post ID: @bxg+1tjs9puW

There is probably 3 people that are bitter for legit or non reasons and keep posting similar threads for years.

by
| | Reply
Post ID: @vyx+1tjs9puW

So true, young people take heed!!!

by
| | Reply
Post ID: @zbl+1tjs9puW

If you are comfortable working on an annual contract then stay but make sure your skills stay relevant and keep looking for something else. Glad I can retire soon.

by
| | Reply
Post ID: @zfo+1tjs9puW

I am still remember, WE ARE EXXONMOBIL and this not just a Job, IT IS A CAREER! What a Joke!

by
| | Reply
Post ID: @hbg+1tjs9puW

Post a reply

: