Thread regarding ExxonMobil Corp. layoffs

CVX - Special Bonus

HOUSTON, Aug 3 (Reuters) - Chevron will award employees a special bonus for operational ‌results so far this year, following the ‌U.S. oil producer's record earnings report on Friday that was boosted by high oil prices from the ongoing war in Iran.

In an internal email on Monday that was seen by Reuters, CEO Mike Wirth praised Chevron staffers ‌for meeting cost-reduction targets, ⁠achieving deal synergies from the Hess acquisition ahead of schedule and operating safely ⁠amid geopolitical upheaval this year in Venezuela and the Middle East


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| 62 views | | 27 replies (last 24 days ago) | Reply
Post ID: @OP+1kz5j3gnb

27 replies (most recent on top)

Just wait for the standard HR response that our compensation is highly competitive based on the benchmarks that they make up. It’s the normal lies, lies, deceit and lies

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Post ID: @r9+1kz5j3gnb

@je like pay raises, its barely noticeable

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Post ID: @p7+1kz5j3gnb

It may not be soon enough, but the pressure DW has brought upon himself with these petty “cost cutting” actions will come back to bite him. Even though the stock price is doing well, he has adversely impacted the Corp with his arrogant attitude. The Board will have no choice but to replace him and Amman will get his seat faster than anyone thought…. If Amman is smart, he’ll take a quick win by getting employees on his side. Just watch as this plays out in the next 12-18 months.

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Post ID: @m9+1kz5j3gnb

DW has a raise for you..

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Post ID: @je+1kz5j3gnb

@OP I think DW give us a “boneus” instead.

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Post ID: @ja+1kz5j3gnb

@h1 hope you’re looking for a new job

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Post ID: @j1+1kz5j3gnb

@bf I’m seriously tired of all the Boomers here telling me it’s a privilege to work at EM. GTFO of here with that garbage. This place is a sweatshop and factory of sadness where dreams go to die.

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Post ID: @h1+1kz5j3gnb

We won’t get bonuses because our trading arm is miserably bad. This, earnings are lagging compared to peers Majors.

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Post ID: @g8+1kz5j3gnb

@bh. More like mismanagement

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Post ID: @g3+1kz5j3gnb

DW gets bonus and raise for sure.

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Post ID: @ff+1kz5j3gnb

Where is our bonus?? Come on DWW; remember what we delivered… the bonus is not just for you

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Post ID: @fc+1kz5j3gnb

Crazy how we are all contributing to the bottom line however only the top 20% gets rewarded RSUs that are 3 and 7 years from now. Seems like they should develop a cash bonus incentive, raises have been sh$t with reductions across the board. Show me you care about the employee without telling me??

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Post ID: @e4+1kz5j3gnb

Beatings from DW and his henchmen will continue until morale improves…or you quit, whichever comes first. But hey, just remember, the people of XOM is the greatest company asset

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Post ID: @dj+1kz5j3gnb

If anyone here deserves bonus, it’s only BTC and KLTC. Greedy HC10 are already overcompensated, they should get salary cuts.

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Post ID: @de+1kz5j3gnb

I did internship in CVX culture is nothing like XOM, XOM offered me higher base salary so I joined but regret it now

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Post ID: @dd+1kz5j3gnb

DW can't even be bothered to do Employee forums anymore, gives you an idea how much he cares about employees. You think he is going to authorize a bonus?

Good for Chevron, and also good on them for having the ba--s to do a layoff versus the cowards approach taken by DW

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Post ID: @d3+1kz5j3gnb

@cw I doubt it

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Post ID: @cz+1kz5j3gnb

Maybe we’ll get a pizza party

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Post ID: @cw+1kz5j3gnb

Exxon su-ks big time. You know DWW will get a big bonus but he hates us and wants us all to leave. You got to love the what you delivered stories for the Quarterly earnings but we don’t reap the benefits

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Post ID: @cd+1kz5j3gnb

CVX at least did it clean — they didn’t hide the layoffs. They cut 15–20% of their global workforce in one shot and owned it. Meanwhile XOM keeps trimming 5–10% every single year, but instead of calling it a layoff they label it a “performance issue.” When a company quietly removes people through NSI/PIP cycles instead of transparent restructuring, it’s obvious they’re going to be stingier when it comes to rewarding employees too. You can’t run a constant stealth layoff machine and then pretend you’re generous on the upside.

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Post ID: @c9+1kz5j3gnb

Mike Wirth sends out a company wide email issuing a special bonus.

DW send out a company wide email encouraging employees to contribute their own money to EM Political Action Committee.

lol this place su-ks so bad.

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Post ID: @c0+1kz5j3gnb

As DW tightens down HC10 salary treatment to 0%. Crazy stuff

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Post ID: @bz+1kz5j3gnb

@a4 we do not have leadership. We have management.

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Post ID: @bh+1kz5j3gnb

Our bonus is the opportunity to work for Exxon. What more would you need?

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Post ID: @bf+1kz5j3gnb

Your bonus is the pension you'll likely never receive 100% of.

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Post ID: @ar+1kz5j3gnb

XOM will beat that…just wait and see.

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Post ID: @a7+1kz5j3gnb

Wow...this is legit. CVX have been on fire lately. Our leadership is asleep at the wheel.

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Post ID: @a4+1kz5j3gnb

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