Thread regarding ExxonMobil Corp. layoffs

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100% They can be MLRP and are 'rated' just as everyone else.

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Post ID: @nk+1kyyj7vtq

The external hiring of executives is a clear indication to the existing execs that they're on notice.

They already know the org is shrinking and if you hire externally for the top it's a huge impact for the scarce exec jobs that are just getting more scarce over time. This is like throwing a wrench in the employee development machine. Not saying that it's not needed.

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Post ID: @e3+1kyyj7vtq

@ar how do you know?

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Post ID: @d4+1kyyj7vtq

@bn execs are in different rank group, right?

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Post ID: @cm+1kyyj7vtq

@ar Didn't know they can end up on PIP...they are in that ranking room controlling the whole thing

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Post ID: @bn+1kyyj7vtq

Finance execs being gutted. Bottom performers long gone, but # of exec positions shrinking, major reductions needed by 2028. ~20% last 2 years put on MLRP. Heard they combined NSI & NI and put all on PIP, and have put rest on notice.

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Post ID: @bk+1kyyj7vtq

I think my manager is on MLRP! Am I in trouble??

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Post ID: @ar+1kyyj7vtq

Yes they do. And they also can be demoted from exec to non-exec.

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Post ID: @ae+1kyyj7vtq

Yes.

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Post ID: @a9+1kyyj7vtq

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