#oilandgas

The never ending…

With the low oil price environment which doesn’t seems like it will improve soon, any news on the street if there will not be layoffs in Oxy? Any thoughts if the OxyChem sales will lead to headcount reductions in the upstream side of the business?

Layoffs are happening in Dubai.
150 already let this week.

Leadership are making decisions as we speak on closing camps in the US. 1000s of layoffs. Hal will never care about your family. Play their game and plan your departure ahead of time.

Just opening this up as I am already getting employees who are upset. Especially at the director level.

There is a team meeting today again offsite.

I propose that there is a mid management level cull throughout NOV. Managers at the top are clueless and ineffectual, always have been/always will be. The mid level have neither direction nor personality - we require these to get back a culture of support and team focus.
“This is the way”
Children of the watch

https://www.thelayoff.com/t/1k72ydbvw

Next cost cut will be the end of flights and camps at Kearl.

Relocation to FTM or severance!

Exxon Mobil will postpone its plans for a large new plastics production plant on the Gulf Coast of Texas, according to the company. Construction initially was planned to begin next year on the $10 billion facility in rural Calhoun County.

"Based on current market conditions, we are going to slow the pace of our development for the Coastal Plain Venture," Exxon said in an emailed statement. "We're confident in our growth strategy, and we remain interested in a potential project along the US Gulf Coast and in other regions around the world."

Six weeks prior, a county district court judge invalidated the local school board's decision to negotiate a tax break agreement with Exxon, following a lawsuit from Diane Wilson, 77, and her group, San Antonio Bay Estuarine Waterkeeper.

On Aug. 19, the judge ordered the school board to redo its public hearing on Exxon's tax break after Wilson alleged the district provided inadequate notice of the meeting in "a deliberate attempt to avoid public opposition." Wilson, an internationally known environmental advocate, promised to bring a large audience for the repeat hearing.

"I think it definitely played into it," Wilson said of Exxon's pause. "I think if everybody had just rolled over for them, if they got exactly what they wanted and there wasn't a big fight, there would be no delay."

Exxon, which reported nearly $34 billion in profits in 2024, was seeking a 50% reduction in its property taxes to the rural Calhoun County Independent School District for 10 years, beginning in 2031, when the project would come online.

Plans called for the world-scale plastics plant to produce up to 3 million tons per year of polyethylene pellets for export, primarily to Asia, according to Exxon's December 2024 tax abatement application.

John Titas, president of the Victoria Economic Development Corp. in nearby Victoria, said he didn't think Exxon's decision was related to the tax break fight.

"I think they've been very thankful for the support they received in the community," he said. "It's economics. To justify an investment of that magnitude, you've got to make sure the market will provide a return."

In Exxon's latest statement, first reported last week by Independent Commodity Intelligence Services, an industry news service, the company maintained the possibility of resuming the project in the future. "We're maintaining good relationships with community leaders and contractors, so we are ready to reevaluate the project's status when market conditions improve," it said.

Exxon didn't specify which market conditions would need to change. Most projections forecast strong growth in plastics demand over coming years.

The economic intelligence firm Precedence Research expects markets for polyethylene, which the Exxon plant would produce, to grow 64% between 2024 and 2034, according to a June 2025 assessment. Another firm, Expert Market Research, expects overall plastics markets to grow 51% in that time. According to the Plastics Industry Association, "The global plastics industry continues to accelerate, backed by strong demand."

Wilson said the project's delay marked the best news she'd heard since 2019, when she found out that her lawsuit against another nearby petrochemical giant, Formosa Plastics, would end with a settlement worth more than $100 million in penalty payouts, facility upgrades and cleanup projects.

A retired shrimper and mother of five, Wilson learned her tactics of resistance over decades of radical activism in defense of Texas' coastal bays, where four generations of her family have fished for a living. In 2023 she received the Goldman Environmental Prize, the leading global award for environmental activism.

As soon as she heard about the new Exxon project, in December 2024, she said she leapt into action, involving herself in the various public processes she's come to know about, including the school district tax break agreements.

"How a community reacts is extremely important and it's extremely important that you do it in the beginning," she said. "Move fast and don't let up."

This report is published in partnership with Inside Climate News, a nonprofit, independent news organization that covers climate, energy and the environment.

https://www.msn.com/en-us/money/companies/exxon-stepping-back-from-texas-gulf-coast-plastics-plant/

xxon Mobil (XOM) is reportedly planning to re-enter Iraq after exiting in early 2024 by signing agreements to lay the groundwork for exploring the country’s vast Majnoon field.

According to a Bloomberg News report, citing a person familiar with the matter, the oil major plans to sign a heads of agreement with Basra Oil Co. and SOMO, Iraq’s oil marketing company, in the coming days. The report further stated that the deal will include discussions on export infrastructure and potential oil marketing projects in the southern part of the country.

Despite being one of the first Western oil firms to be allowed into Iraq following the toppling of Saddam Hussein’s government, Exxon's operations in the West Asian country have often been marred by major political standoffs, security risks, and contractual disputes. Exxon sold its primary investment in the country, a stake in the West Qurna-1 oil field in southern Iraq, in January 2024.

Retail sentiment on Stocktwits about Exxon was in the ‘neutral’ territory at the time of writing.

Majnoon, located 60 km (37 miles) from Basra in southern Iraq, is one of the biggest oil fields in the world with an estimated reserve of 38 billion barrels. However, Western oil firms have struggled to agree on profit-sharing terms with the Iraqi government, with a prominent example being Shell’s exit from the field in 2017.

The Bloomberg report stated that Exxon would need to complete a series of commercial and technical studies and agree to a production-sharing contract before it begins pumping oil, a process that could take years.

Exxon stock has gained 5.5% this year. Earlier this week, the company stated that it anticipates higher refining margins will boost its third-quarter earnings by $300 million to $700 million, compared to the previous quarter.

However, the Texas-based firm also flagged that restructuring costs could lower its earnings by $400 million to $600 million. The company said last week that it is laying off 2,000 workers amid a decline in oil prices.

https://www.msn.com/en-us/money/markets/exxon-eyes-return-to-iraq-plans-to-explore-majnoon-oil-field-report/

Liz is retiring from Chevron, and the Earth itself may need a moment to recalibrate. After 36 years of finding oil in places most people wouldn’t even vacation, she’s finally trading seismic data for actual peace and quiet. Somewhere, a basin is weeping.

Chevron’s official statement praised her “collaborative leadership” and “global impact,” which is corporate-speak for “she made miracles happen while we reorganized every six months.” Liz didn’t just lead exploration—she led the delicate art of pretending budget cuts were strategic pivots.

Her successor now inherits the impossible task of filling her boots, which are rumored to be made of titanium and sarcasm. Good luck, Kevin. May your PowerPoints be short and your dry holes even shorter.

So here’s to Liz: the geophysicist who could read rocks better than most people read emails, who survived more reorganizations than a filing cabinet, and who now gets to enjoy a life free of acronyms, alignment meetings, and the phrase “value creation.” May her retirement be rich in irony and poor in bandwidth.

We are so numb to constant changes (always for the worse) that the workforce no longer cares. Enough with these nonsense townhalls. Let us just collect our paychecks and spend as much time caring about Chevron as the Chevron leaders care about us.

Appears that there is a smaller reorg in CIG Canada. No specific details at this time.

By Georgina McCartney

HOUSTON (Reuters) -Oil prices fell on Tuesday as investors considered a smaller than expected increase to OPEC+ output in November against signs of a potential supply glut.

Brent crude futures were down 18 cents, or 0.27%, to $65.29 a barrel at 11:47 a.m. EDT (1547 GMT). U.S. West Texas Intermediate crude was down 13 cents, or 0.21%, to $61.56.

Both contracts settled more than 1% up in the previous session after the Organization of the Petroleum Exporting Countries plus Russia and some smaller producers, together known as OPEC+, decided to increase collective oil production by 137,000 barrels per day, starting in November.

Market sentiment remains subdued, in particular after Saudi Arabia opted to keep the official selling price of its flagship crude to Asia unchanged, defying analyst expectations for an increase, StoneX analyst Alex Hodes said in a note on Tuesday.

The move was in contrast to market expectations for a more aggressive increase, a sign that the group remains cautious in light of predictions for a global supply surplus in the fourth quarter as well as next year, said ING analysts.

On the demand side, India's fuel demand rose by 7% year on year in September, according to data from the Petroleum Planning and Analysis Cell of the Oil Ministry.

On the supply side, JPMorgan said global oil inventories, including crude stored on water, have risen every week in September, adding 123 million barrels during the month.

China, meanwhile, is building oil reserve sites at a rapid clip as part of a campaign to boost stockpiles, according to public data, traders and industry experts.

Geopolitical factors have kept a floor under prices, with conflict between Russia and Ukraine affecting energy assets and creating uncertainty over Russian crude supply.

Russia's Kirishi oil refinery halted its most productive distillation unit after a drone attack and subsequent fire on October 4, with recovery likely to take about a month, two industry sources said on Monday.

Investors are also awaiting U.S. oil stocks data, due later on Tuesday from the American Petroleum Institute.

"Right now the market is locked in a sideways pattern, waiting to see what happens with inventories," said Phil Flynn, a senior analyst at Price Futures Group.

(Reporting by Georgina McCartney in Houston, Enes Tunagur and Robert Harvey in London, Anjana Anil in Bengaluru and Siyi Liu in SingaporeEditing by Kim Coghill, Clarence Fernandez, David Goodman, Rod Nickel)

https://www.msn.com/en-us/money/markets/oil-slips-on-opec-output-hike-supply-glut-fears/

For full disclosure, I am a white male that got let go earlier this year after 20 years with the company and yes, chatgpt helped rewrite my rant in the following professional manner.

Chevron’s Health, Safety, and Environment (HSE) organization was once the benchmark of operational excellence, a “Platinum” model respected across the energy sector. Backed by deep technical expertise and field-driven leadership, it played a critical role in upholding Chevron’s reputation for safety and discipline.

Today, that reputation is that Chevron is plain and simple, get the job done with the cheapest way possible. HSE is an afterthought.

Insiders and industry observers say the HSE function has lost its edge, evolving into a bureaucratic arm focused more on compliance optics than real safety outcomes much of what was seen in 2019 and repeated over and over again including this year. Chevron HSE Moto was White Males not wanted. Look at today's HSE demographics. Experienced white male professionals have been replaced or sidelined in favor of internal favorites and corporate climbers, with leadership roles increasingly filled by those lacking field or technical experience.

Chevron’s recent cultural pivot, including a strong emphasis on DEI initiatives, has sparked a rash of incidents. When qualifications and expertise take a back seat, especially in high-stakes functions like HSE, the results can be damaging.

The shift is already visible: incident reviews are increasingly sanitized, technical audits feel performative, and institutional knowledge is quietly being kicked out the DEI no white males allowed door. These are all my opinions rewritten by ChatGPT.

We have been holding hands together and singing "Kumbaya, My Lord" so much for One Weatherford Week that we forgot how bad our stock and market are at the moment. Could this mean that layoffs are right around the corner after this One Weatherford Week?

Wirth now has three priorities.

First, complete the restructuring and rebuilding of Chevron's corporate culture; second, integrate Hess; and third, extend the concession to develop the giant Tengiz oil field in Kazakhstan, which expires in 2033.
The latter is crucial. When the initial 40-year agreement was signed in 1994, it was dubbed the "deal of the century," as it gave the company access to the oil of the former Soviet Union.

Our concession is valid for another eight years…We have begun working with the government to discuss its extension. I'd like to finish this, not delegate it to someone else," Wirth said in an interview with Bloomberg.

With all the lay offs and facilities closing, when will they off the next VERP, early retirement package? If 2nd quarter 2026, that would be 3 years since the last package. 4 years would be 2027, hope not that long.

Is it bleak across the board or are there pockets of good somewhere?

1 Year Return:
Valero 19%
HF Sinclair 17%
Marathon 15%
Phillips 66 (0.4%)

2 Year Return:
Marathon 19%
Valero 17.5%
Phillips 66 14.3%
HF Sinclair 4.5%

Since Mark L. Became CEO (July 2022)
Marathon 32%
Phillips 66 19%
Valero 17%
HF Sinclair 8%

Pretty well every employer is a shareholder. Speak out to the board and investor relations. If everyone floods them with messages showing disapproval as shareholders, the long term impact to the business they can’t ignore it.

Even with exxon owning 69.6% of the shares it starts to open so legal questions if they have opposition from other shareholders.

Your silence is acceptance.

If long term this hurts imperial there may be grounds for a shareholder class action.

Houston saw Chevron unload the former Noble Energy headquarters in June 2025 for $18.2 million, a fire-sale compared with a previous valuation near $130 million.

The petrochemical sector is struggling with weakening demand, overcapacity and a global pivot towards cleaner energy, analysts point out.

SINGAPORE: ExxonMobil’s decision to cut up to 500 jobs in Singapore signals wider industry challenges from declining demand and rising supply, analysts said.

The US energy giant on Wednesday (Oct 1) said it plans to reduce 10 to 15 per cent of its workforce in Singapore by end-2027, calling it a move to improve competitiveness in an “ever-evolving landscape” and to "position the business for future success".

The announcement followed a global restructuring plan unveiled a day earlier, which will see the company laying off 2,000 jobs worldwide, or 3 to 4 per cent of its workforce.

Analysts pointed out that ExxonMobil's cuts reflect broader challenges across the sector.

“It's a demand-supply story affecting international oil and gas companies,” said energy consultant Tilak Doshi.

“Crude oil prices are down, margins are down, revenues are down … So how do they respond to it? By cutting back.”

Other major US oil companies, including Chevron and ConocoPhillips, have announced job cuts this year, as Brent crude prices fell by about 12 per cent this year, driven by rising OPEC+ supply.

The sector is also facing weakening demand and overcapacity, particularly with the growth of petrochemical plants in China, said former Energy Studies Institute visiting senior fellow Leow Foon-Lee.

Singapore is not insulated from these challenges, given its role as a regional refining hub, he said.

Beyond oil demand and supply, companies also face uncertainties from trade tariffs and pressures to restructure as artificial intelligence reshapes operations, said Mr Leow, who is also an adjunct professor at Nanyang Technological University's business school.

SHIFT TO GREEN ENERGY
Besides ExxonMobil, other oil giants in Singapore have cut back their businesses in recent years.

In May last year, Shell sold its Bukom refinery in Singapore – one of the world’s largest oil refining and trading centres – to Indonesian firm PT Chandra Asri and Swiss-based Glencore, having earlier announced plans to cut 500 jobs over three years.

Structural shifts in the industry are being driven by the global transition to cleaner energy, automation and stricter regulations, said Dr Roger Fouquet, principal research fellow at the Energy Studies Institute at the National University of Singapore.

Singapore, like other parts of the world, is moving towards deploying cleaner energy with a goal of achieving net-zero carbon emissions by 2050.

The country was the first in Southeast Asia to implement a carbon tax in 2019. Businesses that emitted more than 25,000 metric tonnes of greenhouse gas a year had to pay S$5 (US$3.90) per tonne of carbon dioxide equivalent produced.

This tax was raised to S$25 per tonne of emissions in 2024, and will eventually be raised to S$50 to S$80 by 2030.

Analysts stressed, however, that current layoffs are tied more to demand and supply than to carbon policy.

SINGAPORE'S EVOLVING ROLE
Despite the turbulence in the industry, analysts said Singapore's petrochemical hub role is not diminishing but evolving.

"The rationalisations are paving the way for a more resilient … and future-driven market and environment,” said Mr Timo Tumuscheit, vice-president of business development for chemicals at Argus.

He said Singapore is “moving up the value chain” by focusing on more specialty chemicals, which are higher-value, produced in smaller quantities and tailored for specific functions.

Momentum is also building around biochemicals, carbon capture and low-carbon fuels, which reflect the region's shift towards more sustainable energy systems.

Although Singapore is now a hub for liquefied natural gas and bunker fuel, the fuel mix will change to cleaner fuels in future, said Mr Leow.

“And so our role has not changed. It's just the fuel mix has changed,” he added.

Mr Tumuscheit agreed: “Singapore, as a petrochemical hub, will always remain a major player and an important hub in the region and globally.”

https://www.channelnewsasia.com/singapore/exxonmobil-layoffs-petrochemical-industry-challenges-cleaner-energy-5382121?cid=cna_flip_070214

We are in massive non-compliance by getting engineering services from non-registered engineers from not only out of province, but out of the country.

Report this while you can.

Who’s going to buy it? Report from Reuters.

Why did CP announce layoffs the better part of a year before it was scheduled to happen?
Answer: To create a culture of fear to squeeze harder work and backstabbing from its employees. An employee in deep fear is a desperate employee, especially in times of industry decline, and many will do anything to keep their job, to include going the extra mile to make co-workers look bad.

https://www.youtube.com/watch?v=MohJLPgutKQ

Chevron refinery and now Big Spring refinery. Has it begun?

According to a McKenzie report. The Mars corridor, Nakika, and Stones will be on extreme production declines and operational issues within the next 5 years…
What’s the inside perspective?

• Safety Specialist
• Safety Specialist - Maintenance
• Safety specialist - maintenance (ABU)
• Safety Specialist - TAR
• Safety specialist - TAR (ABU)
• Safety Specialist - Tech Project
• Safety Specialist - Tech Project (ABU)
• OE/ HSE reporting specialist
• OE/HSE Reporting Specialist (EMC)
• Workforce Safety Lead
• Hazard Communication Lead
• Hazard Communication Specialist
• HSE Digital Implementation Specialist
• OE Reporting Lead
• OE/ HSE reporting specialist
• OE/HSE Reporting Specialist (EMC)

Safety Specialist - Bengaluru, India (R000065549)

About the position:
The Safety Specialist is responsible for providing technical support and analysis of Control of Work (CoW) activities supporting enterprise-wide activities including the development and implementation of safe work practices and standards. The Safety Specialist reports to the Workforce Safey Team Lead in the Chevron Engine in Bengaluru, India.

Key responsibilities:
• Support efforts to prevent incidents with a focus on eliminating significant incidents and fatalities through providing guidance on implementation and delivery of the CoW process, standards and procedures

• Position supports delivery of work including workforce safety focus area projects and pilots across the Enterprise

• Support incident investigation process and provide analysis of root cause analysis and trends

• Support for electronic Control of Work (eCoW) digital tool including development of enhancements and data analysis

Required Qualifications:
Bachelor’s degree in occupational safety, engineering, or related field or equivalent work experience
Comprehensive Safety Knowledge: Demonstrates technical understanding and ability to apply health & safety standards and regulations pertaining to industrial workplace settings
Knowledge of oil & gas industry safety procedures, policies, & regulatory requirements
Experience with Safety Audits and Inspections: Proven experience conducting audits, field inspections, and providing interpretations of regulatory regulations, and industry standards / guidance is preferred

Experience in development and communicating safety procedures and conducting training for this material is preferred

Ability to Interpret laws/regulations or policies/best practices, develop compliance guidelines, and provide practical solutions for field implementation is preferred

Experience in compliance, and stakeholder engagement is preferred

Leadership, communication, strategic thinking, and program/project management skills are preferred
Chevron ENGINE supports global operations, supporting business requirements across the world. Accordingly, the work hours for employees will be aligned to support business requirements. The standard work week will be Monday to Friday. Working hours are 8:00am to 5:00pm or 1.30pm to 10.30pm.

No Past Experience of Chevron’s refineries, chemical plants, and LNG facilities required!
• El Segundo Refinery – El Segundo, California
• Richmond Refinery – Richmond, California
• Pascagoula Refinery – Pascagoula, Mississippi
• Salt Lake Refinery – Salt Lake City, Utah
• Cedar Bayou Plant – Baytown, Texas
• Sweeny Complex – Old Ocean, Texas
• Port Arthur Plant – Port Arthur, Texas
• Lake Charles Plant – Lake Charles, Louisiana
• Orange Plant – Orange, Texas
• Borger Plant – Borger, Texas
• Conroe Plant – Conroe, Texas
• Kingwood Plant – Kingwood, Texas
• Singapore Plant – Singapore
• Qatar Plant – Mesaieed, Qatar
• Saudi Arabia Plant – Jubail, Saudi Arabia
• Shanghai Plant – Shanghai, China
• Istanbul Plant – Istanbul, Turkey
• Subang Jaya Plant – Selangor, Malaysia
• Dubai Office – Dubai Airport Free Zone
• Gorgon LNG – Barrow Island, Western Australia
• Wheatstone LNG – Ashburton North, Western Australia
• Angola LNG – Soyo, Angola
• Nigeria LNG (stakeholder) – Bonny Island, Nigeria
• Kitimat LNG (planned) – British Columbia, Canada
• Tangguh LNG (stakeholder) – Papua Barat, Indonesia

Yeah All Feeling Safe!

https://www.reuters.com/business/energy/chevron-puts-2-billion-colorado-pipeline-assets-sale-sources-say-2025-10-03/

ChatGPT Deep dive — Imperial Oil Ltd. (what it could’ve done if not constrained by majority stakeholder ExxonMobil)

Insights
• Peers (Shell, Suncor, Dow, Neste, Valero, global traders) show the pathway Imperial could have taken.
• Imperial stayed conservative — one renewable diesel plant, domestic oil-sands focus, incremental CCS.
• If independent of Exxon, Imperial could have played the role of “Canadian national energy champion” — scaling renewable fuels, CCS, and petrochemicals at home, while diversifying upstream and trading abroad.
Highest Value (Strategic + Financial impact)

1.  Renewable diesel & SAF (feedstock integrated) – Could have built a multi-site, national-scale low-carbon fuels business with secure domestic feedstock → multi-billion long-term market.
2.  Hydrogen hubs (blue + green) – Missed chance to anchor Alberta industrial hydrogen economy tied to oil sands steam and transport → major new revenue stream + government-backed.
3.  CCS clusters – Didn’t lead Alberta CCS storage and third-party service model → protects oil sands + creates carbon storage revenue business.
4.  Global upstream diversification – Stayed oil-sands heavy instead of securing Guyana/West Africa growth barrels → lost exposure to some of world’s lowest-cost new oil.

⸻

⚡ Medium Value (Margin & Resilience plays)

5.  Petrochemicals & recycling – Failed to repurpose refining assets into higher-margin petrochemicals and circular plastics → lost structural margin uplift.
6.  Trading & logistics – No regional trading desk to capture arbitrage in crude/products/LNG → missed billions in cyclical upside like Shell/BP.
7.  Infrastructure monetization – Sat on valuable pipelines/terminals instead of monetizing and redeploying capital → could have unlocked billions in cash for growth.

⸻

🛠️ Lower but Still Material Value (Efficiency & Future-proofing)

8.  EV & mobility infrastructure – Didn’t leverage Esso retail sites into multi-energy hubs (EV charging + hydrogen + renewable diesel) → lost future-proof customer relevance.
9.  Upgrading & solvent tech – Moved slowly on bitumen upgrading and solvent-assisted recovery → missed per-barrel margin lift and carbon intensity reductions.
10. Feedstock integration (bio-inputs) – Didn’t acquire/control Canadian feedstock chains (canola, waste oils) → vulnerable to input cost swings in renewable fuels.

Starting this thread to compare severance amount. Affected employees supposed to start receiving estimate today.
Severance estimate/year of service/current salary.

I can confirm two more people left Lima and one more left Calgary this week. Two more also left Toledo although I can’t confirm whether it was voluntary or involuntary.

With RJ taking the COO role, will there be layoffs coming?

Or settle for Diamondback?

Posted on Chevron's Board:

Stop Selling Out Our Future

Friends,

Across forums, industry conversations, and personal exchanges, one theme keeps repeating: Offshoring and particularly to low cost labor markets like India.

Let’s be clear:

Our operations are built on national resources—oil, gas, and energy that are the wealth of nations. These resources, while vital, come with environmental costs we all understand. And yet, instead of converting this sacrifice into livelihoods for the people of the very nations whose resources we exploit, we see record levels of offshoring.

This is not the same as IT or banking outsourcing. Natural resources are not just corporate assets, they are national wealth.

To offshore the jobs tied to them is not just cost-cutting, it is economic plunder.

The scale of this shift is hidden. Official headcount reports disguise the reality. If we include not just GCC centers but also third-party service providers, the imbalance is shocking-only a fraction of roles remain in base countries, while the majority are quietly shipped overseas.

In reality, No MC, C-suite, or shareholder vote should decide who benefits from national resources. That right belongs to the people and their governments.

The problem is, most people, even in government, don’t know the scale of what’s happening. It is happening quietly, and rapidly.

That’s why every one of us has a role to play. Even small actions matter:
• Write to your representatives.
• Raise awareness within your networks.
• Push for transparency in how resource-linked jobs are allocated.

This is not about one company or one industry. This is about ensuring our resources create futures for our people, not just cheap profits offshore.
If we don’t act now, we risk handing away not only our jobs but our children’s right to benefit from their own nation’s wealth

#Offshoring #Offshore #OilAndGas #JobSafety

17 hours ago by Anonymous | 720 views | 28 reactions (+25/-3) | 11 replies (last 1 minute ago) | Reply
Post ID: @OP+1k6hcewde

Joined 3 years ago. People tell me that prices go up and down, bo-m and bust cycles. That makes sense but it now feels that it'll never go up, almost like this is a systemic change. Not sure, it's just my gut feeling but I wanted to see if people with experience can chime in.

Who’s supposed to pay my bills? Has anyone noticed the cost of living skyrocketing? Housing, mortgages, it’s all out of reach. Everywhere I look, there are layoffs. I’ve been trying for almost a year to land something else, just to get ahead. I got a couple of offers, but none worth even considering. I even looked way outside my skillset and in cheaper locations. Nothing. Feels like most of us are running out of options.