Shell will be just a trading company in the future. All assets divested.
They forgot how to be an oil company.
8 replies (most recent on top)
Lesson in reality and economics. Senior managers of corporations have a legal obligation to increase shareholder value. This has driven society forward, average person now, lives better than a King did a generation ago. Shell's future will be a profitable trading company, exploration had their chance but failed...
Please tell me what future you see in GoM
You forgot GOM
I submitted my SPS today. 0s across the board.
They are expecting it from all of us. I wish I had more of an impactful way to stick it to them other than a stupid survey.
in my opinion, shell makes its money form trading and people paying money for the shell logo to appear on their gas stations
every other thing we do is minimal or some ridiculous money losing green pivot like hydrogel and bio fuels with zero customers. feels like wael is just trying to hide this as long as possible by selling our few remaining assets and trimming staff to buy back stock to hide that we’re a house of cards. the emperor has no clothes
Weal gets many millions a year for his ‘vision’. But what is that?
His vision of a I’m going to sack 25% of the workers compared to 2023.
What the actual f**k
Give him 0 in the sps people.
But also fund managers should tell him this is primary school level. What is your vision and contribution that you get millions for?? Other than maybe being lazy and buying another company ?
Exactly. It’s become comical how passive/aggressive this place is in making people reapply for their jobs. It’s become the question every few months of when the next reorg will be. What number are we at post Reshape? Shell makes it very difficult to post internally - talent card and all this other BS. Easier for an external hire…
Man I thought exxonmobil was bad. Shell su-ks.