in the entire corporate world.
Not just among oil majors. Look it up. That’s it, that’s the post.
7 replies (most recent on top)
Not only that the stock does not appreciate like other industries. Your RSUs are nothing compared to tech! Why aren’t more people leaving! Much more money to be made outside.
Complain? I think the point is to raise people’s awareness so that they don’t get bought out by a cr-ppy deal.
Don't complain. It's easy to be reasonably bought out this way. Don't trust the 7 years. Trust yourself and get a new job. Seriously.
And they’ve been buying back their own stock, lining their own pockets while artificially increasing their worth, for 43 years. Remember that the next time they “can’t” give you a basic cost of living raise.
Other company full vesting in 3 years with 50% more stock. At Exxon you may be pipped out in 7 years. 🤔
Agree