Thread regarding ExxonMobil Corp. layoffs

CORRECTION! WORK IS NOT BEING MOVED - IT IS BEING RIPPED FROM OUR FINGERS!! CLARITY!!

I can’t get myself to recommend working at ExxonMobil to anyone unless they are in dire need of paying short-term bills and don’t have any other options.

I hate to say that but the management traffics in borderline disingenuous speech regarding their care for long-term careers. In short-term, the empowerment and responsibility aren’t there to develop.

Agreed, Exxon needed to cut their work force by 50%+ and that means sinking all ships a bit, even those that stay afloat. It won’t stop anytime soon, make peace with what it was and move on.

Some of the company’s long-term environmental liability decisions are staggering. Take Bayway, for example: divested years ago, yet still burdened by decades of cleanup and responsibility. Sold to Tosco in 1993 for $175M but retained liability. Here we are 32 years later, still hemorrhaging money on it. That $175M is long gone.

Managers, guided by experts, often ignore sound advice in favor of short-term wins that boost their own careers and those of their superiors while lining consultants pockets that are happy to take the money. Instead of pursuing solutions that might cost more upfront but ultimately save the corporation millions, they gamble with environmental risk.

In reality, the costs aren’t just in the millions, cleanup expenses climb into the billions as regulations tighten and remediation grows more complex.

The thing you must realize is that XOM is probably one of the least efficiently ran companies in oil and gas. Heck Rex Tillerson used to tell us he was in the risk management business instead of oil and gas. The mismanagement at this company probably cost the company 5 billion a year.
They make it really difficult to do any kind of work and then wonder why production is down. Lol

What really blows is that they bought PXD because we were beating them in every metric possible so now they own us and now they su-k too!

I think people who actually do meaningful work will be safe. I see quite a few field employees that are in their 50’s-60’s that are still working. If your job can be done from a computer it will most likely be outsourced to India where they pay employees way less money.

Also, before everyone jumps on me I do agree that the people in India for the most part do subpar work, but at the cost saving the company doesn’t care.