Is it true that anybody approaching Rule 70 is automatically added on the layoffs list at Shell Oil?
I'm quickly approaching my fiftieth and I've been with the company a little under two decades.
A coworker who was in a similar situation was recently laid off and a lot of people have been telling me to watch my back, so I'm now getting really worried.
Yes we are adding old people, non-dutch, ethnic minorities, women and our hipo’s to the cut list
I am one of the effected as I'm 60 years old and am at magic number 67 and had a face to face with my manager and was told I will not be chosen in the MOR ongoing as best I take the package. So my best interest is to take the package which they have not sent me anything on what I will receive and the excuse is to many people requesting the package so when they get to my entitlements they will send me an email. Many others in my organization in Unconventionals are taking the package. Thought it was interesting the last several months to see the influx of young engineers moving in to Permian from PA. and university.
I don’t think “automatically laid off” is correct. But I personally know a senior (A) who was severed with a package at age 49 and was bridged to 50 to ensure immediate pension and medical benefits. He/she had 20+yrs with SOC.
Just announced UPU UnConventionals all functions and support ie P&T asset support entering into MOR
packages are coming
We must not romanticise the good ole days when the industry was hiring like crazy in order to cast this downturn as the big bad wolf. Many people ran with the industry when it bustled but that’s consigned to history.
We will grieve not, rather find
Strength in what remains behind
I witnessed plenty given the “package” that are in your predicament.