Thread regarding Chevron Corp. layoffs

Next thing to copy

Hey Mike -

You want to copy another idea from Exxon?

Start real performance assessment, where you force fit people into distribution and bottom 10% are fired every year.

Within 5 years you are at 50% headcount. Don’t need to pay severance if you fire people across all age groups.

Copy that - then you will be as much of a fill in the blank as Exxon

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| 1543 views | | 4 replies (last August 28, 2024) | Reply
Post ID: @OP+1ue5yN5c

4 replies (most recent on top)

We only cut 5% here at Exxon.

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Post ID: @cqw+1ue5yN5c

Nope don’t have ba--s to do it

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Post ID: @gig+1ue5yN5c

You will be at 59%, but yeah I'm sure he's all over it.

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Post ID: @dsd+1ue5yN5c

Close, but not quite.

100 x (0.9)^5 = 59

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Post ID: @geu+1ue5yN5c

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