With all the waves of layoffs primarily targeting seniors, it’s no longer a place where you can retire - you will be kicked out way before your legitimate retirement age.
COP buying MRO
It's kind of like when one of your friends gets married. It puts ideas in their heads and soon, everybody is doing it. If you don't act fast, all the good ones will get snapped up. Then you're left with some ugly Scot with a lot of bad gas.
Chemicals next???
PAO getting the axe and rumors floating that Exxon is/has placed multiple offers for either Chemicals as a whole or just Geismar. They haven’t started bringing out the paint buckets at this time, but $100 mil on new buildings during a budget crunch... — read more
Scotford
Scotford announced their re-org. No numbers given. Sounds like it might be deep.
What’s a safe spot in shell ?
Can anyone tell me the safe business units and groups to look for a job ?
This week's layoffs
Can somebody provide more info on the layoffs that happened yesterday? How many were impacted? Is it over? Anything would be great. I hate not knowing what's going on even if it's not my team being impacted. A little transparency from the management... — read more
93000 staff...
Seems like management want to reduce this as its high compared to competitors...why do we have such a high number? Do we have too many subsurface and engineers compared to competitors?
Prediction Holding Up Well
Visitors - go way back in time here and read posts from a year ago. You’ll find the true insiders or the clairvoyants. This post has held up well. Post from TheLayoff.com I’d like to hear more from him/her.
IDT IDE impacts announced from today - how did you do?
I'm still waiting to hear from my manager but how did everyone else here do in the announcements today?
What is next for someone like me?
I think working in DW has limited my skillsets as a reservoir engineer. The worst part is that no one in the industry hires people like us who have >10 yrs of work experience but only in DW since it’s a niche market. Does anyone have similar... — read more
Bukom - $1 billion deal
https://www.upstreamonline.com/finance/bidders-swoop-on-shells-singapore-assets-in-potential-1-billion-deal-reports/2-1-1638893?utm_campaign=2024-05-06&utm_content=daily&utm_medium=email&utm_source=email_campaign&utm_term=upstream
More cuts following Zoe announcement
More cuts coming for everyone or just changes at senior levels..thoughts?
Unorganized re-orgs
I heard someone quote this week dozens of active but uncoordinated re-orgs currently ongoing. This was USA. Feels less efficient than a broad cut like Reshape. Certainly harder as a front liner if the next discipline over isn't available as a... — read more
IDE / IDT about to announce their org changes?
May 7th meeting scheduled that says "please join my leadership team and I for this global connect where we will discuss IDT's journey ahead"
Deer Park Chemicals
I heard Deer Park Chemicals is about to be offloaded similar to what the Refinery went through two years ago. I heard the fire, reliability and cost are the main reasons. Anyone else hear anything?
SCT layoffs
Well they finally made the announcement, and not just an announcement to say they have announcement coming. The site GM finally laid out a timeline for when layoffs will be taking place. It's going to be rough summer for the folks in Canada. They... — read more
listing to the US
threat serious this time? next move merge with bp
Bangalore reorg
Is there going to be a reorg in Bangalore ?
Cut in exploration staff
Rumour this is coming...anyone else heard anything
What’s going to happen with STCH?
Is it going to be sold, or just shut down? What’s going to happen with all the reactors?
Offloading Retail Locations
https://finance.yahoo.com/news/shell-to-unload-1000-retail-locations-in-pivot-to-ev-charging-141517030.html
Applying for a job at Shell
Does it make any sense at the moment? With the announced layoffs I've read about in M&A and other groups, do you expect a hiring freeze across other departments. I've seen job postings, but had no traction with apps, even with the introductory HR... — read more
Layoffs in M&A
finally. Giving the many missteps and poorly time decisions they have done along with strategy in the last few decades it is about time to clean house on this one ......
Woodcreek: Bad Food Restaurant!
I think I’ve had mild food poisoning from eating in the cafeteria at least a dozen times this past year. “Fool me once” and all that.
Kudos to Wael
I continue to be impressed by Wael Sawan's approach as CEO. His unapologetic focus on profitability over the past year has been very welcome. An intentional shift away from questionable "green energy" strategies such as retail power in Europe/UK... — read more
Squeezed out
Looks like Jesse Stanley got squeezed out.
IT getting a reorg
When where and how many
Rich Howe DW Community Town Hall
What is everyone's thoughts on his Townhall a few weeks back!? I found it invigorating. I missed it in person but watched it today instead of going to the Shell USA one. ..I actually enjoyed it.
More layoffs coming?
With consultants in the mix, I can only expect “right-sizing”, “efficiency drive”, or whatever is the fancy term these days for good old “getting a boot”.
Today’s ceo webcast
Let’s see what happens…
Layoffs today
10 people cut from our department today. Anyone else? Formal announcement this week. I assume tied in with Wael all hands meeting on Wednesday…
Shell Catalyst and Technology
Shell decided to close the Pittsburg plate with a tentative closing date of Dec 31 2024.
Wael Visits India
What does this mean… Largest global workforce shell is in india.
Shell Staff Nigeria Deteriorating Security Situation and Company Seems Blissfully Unaware
Protests across Nigeria. Security situation worse by day. Bizarrely company is not doing anything despite security problems being raised by Embassies and NGOs. Currency has collapsed 50% since beginning of year and getting worse by day. You like to... — read more
Shell Transfers 21,500 Retirees’ Pensions to Prudential
“The $4.9 billon transfer from the oil company's U.S. subsidiary is among the first large pension risk transfers of 2024.” - Plansponsor, Feb 7 The transfer is 21,500 retirees’ pensions out of 26,536 total pensioners. Just offloading the remaining... — read more
Severance Amount
For those impacted, will the severance be 1 week per year as stated in the SPD or will it be the 3 weeks they have been giving the past few layoffs?