Any BTC employees who can share how they see working at BTC to be. Is it a long term thing for you? A stepping stone to graduate school or a better job? Is it seen as a prestigious job in India?
BTC work hours
What are the normal work hours at BTC? I heard they work late into the night to overlap with US time zone. If true won’t this hurt our ability to retain people there? Once they have been trained won’t they want to leave and work normal hours? — read more
Bakken
How is the Bakken? I was offered a job there but don’t know or hear much about it.
More stock buybacks to help executives make more
Exxon is in the middle of a push to unlock $25 billion in cash flow by 2027. That should pay for more stock buybacks. https://www.barrons.com/amp/articles/exxon-can-thrive-even-with-low-oil-prices-e899c18f
Keep your technical skills up to be secure
In tech, company leaders see layoffs as a way to stay efficient, shift priorities and weed out underperformers — while many employees, particularly those with technical skills, assume that finding a new job won't be that hard, and often they're... — read more
Time for employee bonuses
Prior to COVID I believed that during an industry downturn we would keep going with investment through the cycle. What I saw was we did exactly what everyone else did. Seems if during a downturn there is no upside to being here that when things are... — read more
ExxonMobil’s attempt to silence activist investors should be a warning to shareholders
https://www.theguardian.com/business/nils-pratley-on-finance/2024/jan/23/exxonmobils-attempt-to-silence-activist-investors-should-be-a-warning-to-shareholders?CMP=oth_b-aplnews_d-1 By: Nils Pratley The US oil company is off to court to try to block... — read more
Try this
Just stop thinking https://youtube.com/shorts/DGzcix4SzhQ?si=qRx-oeqReP3-wyB4
"Pulse Check" survey
Notice how there are no options to write in comments. Its not even multiple choice. Just a bunch of leading yes/no questions. They long ago stopped looking for real answers - this is just a comedy show now.
Pioneer Question to soon to be comrades
Team, As we're getting closer to the merger I'd like some insight on what your bonuses look like. I'd say anyone who is making base 90K (Exempt) is at a 14% Bonus Target with 5800 Stocks here at Pioneer I know Exxon pays higher base and lower... — read more
Offsite team building post in LinkedIn
Nice to see our executives and their pals can go have an offsite boondoggle team building at MIT when I can’t even get approved to attend a training course or conference.
Take the PIL
I worked nights, weekends, and holidays after being put on a performance improvement plan. I saved my job, but it wasn't worth it. https://www.businessinsider.com/survived-performance-plan-wasnt-worth-hard-work-2024-1?amp
ExxonMobil is the new Boeing
Boeing, once a company, with a strong sense of belonging, driven by engineers taking proud in producing high quality airplanes became corrupt when financial guys, obsessed with cost cutting and pumping the share price up took the power. Anybody know... — read more
The end of workplace loyalty
Excellent article that rings true. In the two years I've been writing about Americans' changing relationship to work, there's one theme that's come up over and over again: loyalty. Whether my stories are about quiet quitting, or job-hopping, or... — read more
ExxonMobil: Our first lithium well – but “not our first rodeo”
https://www.magnoliareporter.com/news_and_business/local_business/article_f1d3f03c-b873-11ee-a05f-3fdea0eb32fc.html ExxonMobil Newsroom Jan 21, 2024 Updated 3 hrs ago Dylan Vint got married in December to his high school sweetheart, Brooke. But the... — read more
Exxon Sues ESG Investors to Stop Climate Proposals on Ballot”
https://www.wsj.com/business/energy-oil/exxon-sues-two-esg-investors-2057e696?reflink=mobilewebshare_permalink Exxon Sues Two ESG Investors The oil giant says Arjuna Capital and Follow This want Exxon’s oil-and-gas business to shrink, putting them... — read more
Are there any layoffs coming
Hi Are there any layoffs coming in Australia in near future?
Microsoft's Ballmer vs. Exxon's Woods
Microsoft's Balmer era sounds kinda like ExxonMobil now... Great read linked below comparing and contrasting different leadership approaches. Do you think DWW is more like Steve Ballmer or Satya Nadella ?... — read more
Hydrogen is the fuel of the future!
Efficient, cheap, logical! Burn it and it’s just water and oxygen! Why didn’t we think of this in the 1970s? Glad we’re finally going big with this, such an inspiration! Just a matter of time before we switch all heavy industry to this clean fuel... — read more
Energy stocks are out of favor, and the drop in oil prices isn’t going to help.
(Barrons) Energy stocks are out of favor, and the drop in oil prices isn’t going to help. Fund managers had less money in energy stocks heading into this year than at any time since December 2020, according to the latest Bank of America Global Fund... — read more
We aren’t family
Sound familiar? In 2012, Larry Page stressed how important it was that Google acted like a "family." More than a decade later, Googlers can be forgiven for wondering where that family spirit has... — read more
The amount of turnover is a liability at this point.
How is this wise and strategic? I would argue it’s even unsafe.
Shell payoffs starting with LCS
UK supermajor Shell has reportedly started to slash hundreds more jobs, with employees in its low-carbon solutions being among those first to the shown the door. The energy behemoth last October said that 200 jobs in its low-carbon solutions — about... — read more
More cooperation rather than cutthroat competition
Who came up with the idea that gladiator fights among employees produce the best results? In my opinion, it is exactly the opposite. More cooperation rather than cutthroat competition would produce better outcomes for all of us. I, for one, know that... — read more
Cost cutting idea corporate jets
How much do we spend on corporate jets for executives? https://www.thestreet.com/travel/meta-has-spent-millions-on-a-controversial-company-perk-mark-zuckerberg-loves
After the cube pic stories
Anyone willing to share details of their experiences after leaving?
When will the Clinton Site Study be determined?
Rumor has it that Clinton is part of yet another site consolidation and will be shutting down in the near future.
CEOs in cost cutting mode everywhere
Clearly CEOs just copy each other. Across all industries cost cutting is the fad. What is driving this? Higher interest rates? Fear of recession? Seems Elon Musk is the only CEO who believes in growing his... — read more
Exxon’s ‘toxic culture’ drives workers from a once coveted career- Bloomberg
Exxon Mobil (NYSE:XOM) is making more money than at any time in its 140-year history, but the company's "long-simmering toxic culture has employees heading for the exits" to the tune of 12K departures in the past two years, according to a Bloomberg... — read more
XOM Needs To Do A Better Job Being "GLOBAL"
Background: I started my career with Shell worked across the globe for 22 years. Then decided to get a leg up and started working for XOM, i left Shell not because it was a bad company or anything, i just wanted to work at some other assets in Uncon... — read more
Explain Your Value
In three sentences or less, explain what you bring to the company that nobody else does, why you believe nobody else could do it, and why you deserve to be paid what you’re paid. Keep the trolling/grievances to a bare minimum.
LCS - How is it ?
My boss keeps asking me about going to LCS. I hear mixed reviews about it. Is it worth going there ? I am VG and being valued in my group, there is no one who can do what I do - I am pretty confident that my job is secure in current role. However... — read more
Cost allocation to BTC
I was once told the BTC doesn’t have central costs allocated to them making them look artificially cheaper and other sites artificially more expensive. Any truth to this?
US Supreme Court declines to hear Exxon, Koch Industries appeal on venue in climate case
https://www.reuters.com/legal/us-supreme-court-declines-hear-exxon-koch-industries-appeal-climate-case-2024-01-08/ By Clark Mindock (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by major fossil fuel companies and an industry... — read more
Benefits - can we get it too?
https://www.pxd.com/careers/benefits I wish I worked for them ! Because we need people like you to make our company successful, we don’t simply offer a competitive compensation and benefits package – we truly set our company apart from other... — read more
How to become HiPo?
Since I joined last year, I hear this term and it feels like my career depends on it. What is High po? I know it means someone who can become a manager. What if I don’t want to become manager but want to do technical work, because then I can find job... — read more
Denbury
I want to know if there are any plans for relocating Denbury people into Houston. What are some areas to buy houses, I want to get ahead before the housing market heats up because of Pioneer people moving. What are good school districts.
3M’s CEO is in line for a $26 million pension — as company freezes the plan for employees
Another day, another U.S. corporation cuts retirement benefits for its workers while fattening benefits for the people in its executive suite. Coming to a campus near... — read more
EMHC salary treatment
Supervisors: For EMHC, what is the guidance on salary treatment? What are raises for this year for CLs 26-29? Rumor has it, VG in BTC is ~15%.
EXPATS FROM BTC TO XOM AND IMPERIAL OIL
Why in the name of loving god does ExxonMobil management think that its in the best interest of this company to bring in BTC engineer/supervisors to Houston campus and Imperial Oil (Calgary,Sarnia, Kearl etc etc ) for lengthy 2-3 year assignments ?... — read more