Do more with less…… is what they tell us.
Posts mentioning hashtag #efficiency
Below are all the posts — topics as well as replies — that mention the hashtag #efficiency.
Mention #efficiency in your post to continue the discussion!
Freddie’s lost its mojo. No inspiration, just cuts and numbers.
Leaders are afraid to communicate, afraid to get in the news, afraid of baby-napoleon-pulte, afraid to have ideas. The only word left in their vocabulary is efficiency. They think they are being political savvy tracking people’s calendars, emails, badging. I am not blaming them. Just feeling sad for them. What a culture:(
too many pretenders
When a wire line first liner is out for a week his counterparts cover two gangs nothing ever happens ...and the work gets covered.. when a second liner is out for a week and they have somebody covering both areas nothing ever happens and the work gets done... How can this guy not see that he has twice as many people as he needs in wireline.
It’s time for T-Mobile to return to the efficiency of the 2014-2020 era
It’s time for T-Mobile to return to the efficiency of the 2014-2020 era.. or even before the Sprint merger and the sh-tshow Marcus East period. Amdocs and certain underperforming vendors, particularly in Atlanta, have delivered limited value. Moving work to talent, including at the new GCC in India, is setup in the right direction. Next attention should turn to other low-quality, high- cost vendors likes of PK, Concentrix, and HCL to ensure resources and dollars are used strategically, especially after dropping so much cash on Jeff Simon’s pipe dream “cyber defense center.” All show, all the time. 💸
Not my post - see @f6+1k8rdy748
FLATTENING LEVELS
Is this a real simplification and an efficiency measure? Maybe? But it may as well be cover for offshoring to TII + Contractors. I do have tendency to be paranoid tho.
Reminder
Let this serve as a stark reminder: capitalism, as it exists today, tethered to public markets that demand perpetual growth, is deeply flawed.
Amazon, like any publicly traded company, must show quarter over quarter gains. One of the easiest ways to do that? Cut costs.
Is the company bloated? Probably. But let’s be clear, no corporation truly cares about you. Public companies will always prioritize perceived growth over employee well being.
That’s the nature of the system.
As AI continues to advance, it will inevitably replace jobs across industries. This pursuit of efficiency will remain the top priority for companies until the underlying incentives change.
Hilarious they use the excuse of making faster decisions!
Anyone else find it funny that they are using the excuse of making faster decisions to justify the layoffs? To the people at the top, the time it takes to make decisions isn’t the problem, ITS THE DECISIONS THAT YOU ARE MAKING THAT IS THE PROBLEM!! Dei, pride, every decision they make has been wrong! But they get to stay and we get to suffer lol.
ExxonMobil Permian growth targets 2.3M bpd by 2030
Story by Mella McEwen
ExxonMobil officials, like all other oil and gas producers, are closely watching the current economic climate. The company recently announced a reduction of 2,000 jobs — none in the U.S. — as part of a long-term restructuring plan.
“We are worried about prices,” said Rich Dealy, vice president, Permian Basin, with ExxonMobil.
Addressing Hart Energy’s Dug Permian conference, he continued, “Our depth of inventory is impressive even at current prices.”
Dealy said ExxonMobil is worried less about oil prices and more about efficiency gains, with a team of skilled workers focused on improving efficiencies and refining drilling and completion costs. A vast majority of its Permian Basin wells and operations are monitored from a central hub.
“We have a number of good zones across the basin,” he said. He sees the rising amount of natural gas being produced in association with crude oil as an opportunity, but the Permian needs sufficient takeaway capacity to realize that opportunity.
The multinational giant currently produces 1.5 million barrels per day from its Permian Basin holdings, with plans to increase that to 2.3 million barrels per day by 2030.
“The Permian is a gift to the U.S.,” he said, predicting ExxonMobil will be developing resources in the Permian Basin for decades to come. “We predict production will continue to grow, oil and natural gas demand will still be tremendous, at least through midcentury.” Despite the rising use of renewables, he said the company estimates oil and gas will still provide over 50% of the world’s energy.
https://www.msn.com/en-us/news/other/exxonmobil-permian-growth-targets-2-3m-bpd-by-2030/
Happy First Birthday to CEP
CEP is somehow taking longer than spinning off an entire downstream company (announced on July 14 2011, completed on May 1, 2012). What an efficient company COP has become!
Layers over Layers
Manager
Associate Director
Director
Sr Director
Executice director
Asst VP
VP
Executive VP
Sr VP
Chief officers
Meanwhile lean and mean operations in markets . Something that resembles a belly fat with skinny legs.
How is Technical Offshoring to India working out?
How’s the increased dependence on offshoring technical and administrative positions working out for bp? Please share positive and negative impacts to corporate efficiency and profits.
Way too many layers of people adding no value
Half the company could disappear tomorrow if we just removed everyone who only goes to meetings and relays updates. Let the ones who actually do the work run things for a change.
New CPO could be using Metas playbook
The industry trend has been to flatten orgs and I imagine that is where Paramount is heading. Our new CPO will likely deploy some of the same strategies that were used to restructure Meta (where he came from). Worth a read for those falling under this part of the org.
https://about.fb.com/news/2023/03/mark-zuckerberg-meta-year-of-efficiency/
ATC Cost Center
How in the world is ATC still open? It is nothing but a financial burden in a time when we are trying to cut money from everything. How much money could be saved by shutting this useless money put down.
Nothing of use has come from this place, except for expensive lunches and events. People bi--h about us being remote but don't care that this place is draining money from Nike.
Not in the third inning?
Just heard CS talking about AI. All at beginning of this -- in terms of efficiency. I intemperate this as CS is looking for AI to increase efficiency. Not too many folks on this board have talked about AI at Wells. Only comments about tech is that it is horrible and way behind.
Stuck in endless meetings
I’ve lost count of how many meetings end right where they started. So much talking, no real direction, and when someone actually offers something useful, it gets dismissed. Why is it that the people running things can’t tell the difference between noise and insight?
Bank branches
I’ve seen around my city and district, Wells Fargo is adding in new or additional ATM’s at branches, new TCR’s which allow tellers to deposit or withdraw directly from the machine next to them without needing to buy money from the vault pushing forward efficiency. Yet we still have drive thrus??? Non-revenue building and a dying generation who refuses to move forward.
What’s the plan here WF?
When does efficiency come?
I saw this recently.
27 people.
All day meeting ("workshop").
To discuss changing a well design on the sequence in 2027.
BDR directors
Sometimes I'm puzzled by the director of business development position. It feels like their main tasks,attending calls and presenting targets at QBRs,are things that any competent manager could easily handle. The most confusing part is their constant international travel to meet with BDRs. It seems like a lot of time and resources for meetings that could be more efficient in other ways. One of the directors is visiting Europe currently and why? To meet BDRs.
The Paradox
Funny thing about this place, the better you get at your job, the more skillfully a guy applies himself, the faster you’re working yourself out of one. Efficiency isn’t rewarded here it’s punished. Automate too much, improve too much, use AI tools to work less hours and they’ll thank you with a pink slip.
Any company that counts how many days you sit in the office or how long your mouse wiggles isn’t looking for smart people, it’s looking for obedient ones. If you’re content to coast like a DMV clerk, you’ll fit right in. But if you’ve got a brain in your head, get out and put it to work somewhere that actually makes the world better. This place treats intelligence as if were a crime against mediocrity.
Why Oxy don't do layoffs
Occidental Petroleum increased production by 14.8% year-over-year (YoY) to 1.395 million barrels of oil equivalent per day (BOE/day).
Cost Management: This production increase was achieved while keeping absolute operating costs unchanged, leading to a reduction in per-barrel operating expenses.
Total production in Q2 2025 reached 1,400 thousand barrels of oil equivalent per day (Mboed), which was above the mid-point of guidance.
Cost Management
- Despite higher production, Oxy kept costs flat or reduced them:
- Drilling costs dropped by 14% due to efficiency gains.
- Lease operating expenses decreased, helping offset lower commodity prices.
- Capital expenditure guidance was reduced by $200 million, and domestic operating costs by $150 million in Q1 2025.
Rivian Cuts Jobs While Betting Big on Cheaper R2 SUV to Win Buyers
Hundreds of EV workers laid off as administration pulls back on tax incentives: 'An ongoing effort to improve operational efficiency'
https://www.thecooldown.com/green-business/rivian-commercial-team-layoffs-ev-manufacturer/
- Rivian said that the job cuts were limited to its commercial team, which is responsible for sales and servicing operations.
Industry Tag: Automotive
Electric vehicle maker Rivian has announced that it will cut about 1.5% of its workforce, affecting several hundred employees. The layoffs are concentrated within the company’s commercial team, which oversees sales and service operations. Rivian described the move as part of an ongoing effort to “improve operational efficiency” while preparing for the release of its new, more affordable SUV, the R2, scheduled to launch in 2026.
The new R2 model is expected to start at around $45,000, significantly less than Rivian’s current lineup, which includes the R1S SUV (starting at roughly $77,000) and the R1T pickup (around $71,000). Analysts see the R2 as crucial for Rivian to broaden its customer base and compete more effectively in the EV market.
These layoffs come against a backdrop of significant regulatory changes affecting the EV industry. The $7,500 federal tax credit for electric vehicles is set to expire on September 30, 2025, years earlier than originally planned. That policy change has placed additional financial strain on EV-only automakers like Rivian, which lack gas-powered models to offset regulatory costs.
Another major setback was the removal of strict Corporate Average Fuel Economy (CAFE) penalties. In the past, traditional automakers that failed to meet fuel efficiency standards could buy credits from EV-focused companies like Tesla and Rivian. Tesla alone earned $2.8 billion globally through this system, and Rivian has warned that the loss of these credits could cost it about $100 million.
Rivian is not the only automaker affected. In August, General Motors temporarily laid off 360 workers at its Factory ZERO plant in Detroit, citing “market dynamics” and reduced EV demand. The rollback of incentives and regulatory requirements signals a broader challenge for the EV industry, which must now compete more directly with traditional gasoline-powered vehicles at a time when production costs remain high.
For consumers, the end of the federal EV tax credit means those considering a switch to electric vehicles may want to act quickly. However, Rivian hopes its lower-priced R2 SUV will keep buyers interested when it enters mass production in 2026.
Time for CVS to do this 😂
https://www.cnbc.com/2025/08/27/google-executive-says-company-has-cut-a-third-of-its-managers.html?utm_source=Iterable&utm_medium=email&utm_campaign=newsletter-20250828
Objectives of Reimagined
What are people's thoughts on how ER will enable the firm to execute with more speed and efficiency? Honestly, I was optimistic when they first announced it because the firm had become so bloated and convoluted that it was difficult to get anything done. But the rollout seemed more focused on short term cost cutting and may seriously backfire on "increasing speed and efficiency" since we lost so much firm knowledge (aka the only people who know how to fix certain systems since they were part of creating them, people who know undocumented processes or work arounds for the many broken systems). I'm worried this will just make things so much worse and make jobs so much harder for those who remain. It's like leadership is operating on an entirely different plane of reality; one where we are a rocket ship instead of bogged down by decades of under investing in tech and poor process design. Over the past 2 years I have experienced them deprecating systems and teams in anticipation of solutions that never seem to materialize. The "running the business" work gets harder and harder with no end in sight.
What would you tell an efficiency expert!
Rumor is the board has engaged an efficient expert- what would you tell them to do/look at first?
I’ll start- you could easily cut 50% of the grade 15’s and above and 80% of executives with no real impact and use that money to fund real workers.
Where is the efficiency gained by AI?
Schwawesome Leaders, Where is the efficiency gained by AI? Whose head should roll?
CR wants to use AI to boost efficiency, not reduce headcount
https://www.cnbc.com/2025/08/14/cisco-ceo-says-he-wants-to-use-ai-to-boost-efficiency-not-reduce-headcount.html
Layoffs.....
Dear Oxy,
Here’s an idea: Instead of planning to lay-off the individual contributors who actually get work done, please consider laying off the middle management who are great at attending meetings and not leading. They are more expensive and unnecessary. You can replace them by providing the individual contributors with chances for industry level training. That way your already slim staff doesn’t have to take on even more workload.
How? Administer a performance review on middle management given by individual contributors. It’ll stop the petty politics and hold middle management accountable for being leaders, not presentation goers. Let HR figure it out from there. #foodforthought #rewardgoodmanagers #efficiency #fireoverpaidspectators #finalfrontier