Topics regarding layoffs at Shell Oil

Topics regarding layoffs at Shell Oil

***BREAKING NEWS***

https://oilprice.com/Energy/Energy-General/Shell-To-Slash-Exploration-Workforce-by-20-Reuters.html

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Post ID: @OP+1ufndTCV

company is dead broke

this company is so broke that they are banning google chrome because 3 people have to spend time maintaining it. i’m not kidding. obviously this only makes sense on slower because the impact will be tens of thousands of hours of IT issues blocking... — read more 

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| 970 views | | 2 replies (last September 7, 2024)
Post ID: @OP+1ufPxELb

Subsurface Job Cuts and Long Term Meaning

USA 30% Netherlands 24% UK 2/3% (not as bad due operating UK and Brazil assets) You cannot keep pulling the job cut lever for short term financial results when the fundamental long term issue is nothing in the funnel. The last 5 reorgs haven't... — read more 

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| 1570 views | | 7 replies (last September 1, 2024)
Post ID: @OP+1uf0wIUE

Ivan’s Townhall

What did you hear? My takeaways: Progressions are lateral, not vertical 20% job grade reduction compared to 2022 DSW levels, so probably higher than that compared to 2023 levels Ivan would not give specifics on job grade, country, or... — read more 

Why NDAs?

Been with Shell a long time. I don’t remember NDAs being a part of previous re-orgs. Am I misremembering? Why this time? And is the true consequence of breaking an NDA loss of employment? Also, is the NDA thing company wide or just in Deepwater? — read more 

IDT STEP 2

Who has the information ? I hear its already announced to manangers. We need to drill oil like exxon. List JG Years of Service Impact Business Unit

Performance not rewarded and doesnt matter!

Now with the new IPF system 80 percent of folks get the same IPF, doesnt matter how hard you work most folks get the same rating. Strong performance no longer rewarded, you are just lucky to have your job and maybe get an SRA if you are lucky. With... — read more 

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| 2200 views | | 9 replies (last August 28, 2024)
Post ID: @OP+1ubh0vEC

Reduction estimates?

Now that the new org charts are live, any estimates of reductions in different orgs?

Last time for us special severance

I was in a meeting where Weal was insensed at our estimate of what US special severance would be. He’s pushing through moving Exploration office staff to lower cost locations (uk and India). He wants US share pricing, without US costs….

Now Chevron is going to Bangalore India

Chevron just announced to setup a Chevron Technical Center in Bengalore now and will shift 600 jobs (initially?). Wow! Looks like the highly paid CEOs of O&G companies have 0 ability to lead the company anymore. All of them are just shelling our... — read more 

Which groups will “cease to exist” after DSW reorg?

With Ivan’s announcement that the new DSW org charts will be coming out on Friday and staff engagements underway, any speculations as to which groups will go away after the dust settles?

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Post ID: @OP+1u7ZABvs

Nice!!!

Nice! Have 7+ months to goof off till March 31st!!! Plus early severance, so reasonable tax bracket for 2025!!!

Reshape 2.0

All of US based Development/Subsurface/Wells/Exploration/Strategy/Portfolio JG1-5 staff (except new hires) have to apply for jobs. Aug 23 - Org charts released Sep 30 - Position list released Early Oct - Letter category announcements Oct 8-14 -... — read more 

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| 2950 views | | 9 replies (last August 20, 2024)
Post ID: @OP+1u6SHucJ

Shell/BP coincidence

It’s interesting that we are laying off employees at the same time as BP. The industry is doing fine right now. Crude is over $80. Is there any chance we’re slimming down to prepare for a takeover?

Weird priorities

Soooo … just read that while Shell is laying off workers they are donating to 2025 “charities”. That’s what we’re prioritizing over jobs? Even if I keep my job, the anxiety so many of us are feeling is off the charts. How do we find the money for... — read more 

Exit Date

Does anyone know what the exit date might be for this new upcoming round?

Nothing like rubbing salt in the wounds…

https://www.ltts.com/press-release/shell-signs-new-framework-agreement You would think they would at least wait until after or maybe this is where some of will be sent instead of a severance package…

JG5 and 4s

Get rid of all 4s and 5s. we don’t need oil in 2030s anyways. Have 3s and above sail the ship!

Knowing our fates in DW

Hearing rumblings that we’ll be told our fates this week in DW, has anyone on here been told yet?

Time bound roles

For those that are in parts of the business that have already announced org charts, are they doing some time bound roles this time like reshape?

P&T DW Quiet Layoffs

I hear many people at Woodcreek talking about P&T Deepwater Layoffs. Are we still in the only Management knows phase or are the individuals finding out already?

Might Shell buy bp?

After buying BG and sacking most of the bg folks, Shell has shown it can make big deals work. Maybe head office was moved to uk so that they can more easily buy bp, then move head office after that. There would be potential for huge cost savings…

Exxon-Mobil Merger Vibes

When Exxon bought Mobil, they prefaced it with 5 years of cuts and followed up with 5 more after the merger. Buckle up!

Wow I did not know this ....

"Exxon’s rivals no doubt have aching regret. Almost 30 other companies, including Chevron Corp., passed up the chance to buy into the Guyana discovery. Shell Plc, previously a 50% partner, walked away." Please tell me whomever was involved in this... — read more 

Is there really reorganization going on?

I think it’s just potential speculations and plans, I don’t see many people are impacted. So just wonder where are those and will most be intact after all?

Canada’s Scotford Refinery Story

Everyone in Scotford upgrader and refinery complex are under MOR, except contractors. It is a very stressful time for a lot of people. I wish good luck to my friends over there. Does anyone know what is the target head-count reduction... — read more 

PSP Changes email today

Note sent to all JG2 and above employees today stating now they are changing the share awards so less people get them (because you are already fairly compensated below JG2 is their reason but they don't think above JG2 is well compensated?) And you... — read more 

WAVE full frontal

Anyone else hear about the guy on a MS Teams WAVE meeting that decided to take a shower while leaving his phone camera on thus showing 200+ people full frontal? Can’t make this stuff up. Hilarious…..

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