Any thoughts on Capital Markets Day and any big breaking news likely…or perhaps another excuse to slash jobs and decimate even more of the workforce in the name of “progress “.
BlackRock interviews Wael
BlackRock interviews Wael Sawan: https://youtu.be/FcrYWfBubb0?si=xj6TW7TmWO4s9fZN
P&T reorg
Does dismantling P&T will be the start of another reorg? Or just means more cut for P&T
P&T Decomissioned?
Does today announcement means entire P&T will be merged into business or only parts of it ?
Shell to Sell US & Europe Chemicals Assets?
Wall Street Journal article confirms Shell is mulling a sale of its Chemicals assets. Which begs the question…what does Shell want to become? Merely a bank?
Discussion on US and Shell Wealth Inequality
The top 10% of earners account for 50% of US consumer spend. Is this healthy for the US? Does Shell leadership behave in the same way. Does the top 10% at Shell make more combined than the bottom 90% of Shell over a 5 year period? How does this... — read more
Trump Zelensky meeting
Focusing just on the part where oil was mentioned. Trump is correct that there is more than enough oil in the US, I think he mentioned we have plenty of oil several times. The only issue is the price at which it is economic. He's a bit wild with... — read more
Future Oil Prices - Does the US want to go to war with Iran for Israel
If US decides to go to war with Iran for Israel which the Israel lobby will push for, would the below actions from the US government foreshadow the war? Ask US oil and gas companies to increase production to the point of oversupplying the market... — read more
Who could fix BP, not Shell leadership
Shell cannot even fix Shell to get better profit, I hope they don't try with BP. With all the buzz about a possible merger, I hope someone sanely asks why. There are no rumors of any other major wanting to merge, why... because they're smart enough... — read more
What are investors saying?
Stock price is down 2% right now. Maybe it will bounce back through the day. Smh
BP is downplaying green goals now?
Hmmm, People who invest money want returns on their investment? Seems crazy, but what if companies focused on long term profit instead of virtue signaling? BP downplaying their climate... — read more
All staff meeting
What do we expect to be announced at the all staff meeting this week? There’s a lot of conjecture over a big announcement, but l’m guessing it’s a nothing burger. WS will reaffirm the strategy, applaud that it has been effective and encourage... — read more
Shell - A Clean Break: A New Strategy for Securing the Realm
Shell’s "Clean Break" in Action Picture this: By 2027, Shell announces it’s divesting $50 billion in oil assets to fund a $70 billion push into hydrogen and fusion energy. It partners with Tesla to blanket Europe with 10,000 EV chargers powered by... — read more
Can Wael make a classic rant like Jamie Dimon of JP Morgan
Do you think Wael has the ability to make a classic rant like Jamie Dimon? https://youtube.com/shorts/6glAn-Gj9LM?si=3s4shZ5tBIJy2Kkq P.S: When you debank Kanye but not Jeffrey Epstein, like JP Morgan did, no one cares about what you have to say... — read more
Shell buys Conoco’s interest in Ursa
Can anyone explain this to me? $735 million dollars for 8000 bopd in a declining asset seems incredibly expensive.
What would an Elon Musk type leadership look like at Shell
If Shell was led by an Elon Musk type figure, what would he do in the first 6 months to 1 year?
External interviews
What's your experience interviewing externally? The biggest shocker was externally, they hardly value my Shell experience. Having 2-decades of experience and they're sorting me off to 5 year experience jobs. People regard Shell experience as less... — read more
There's a nostalgia for the Woodcreek offices and wfh
Cubicles and 40 hour work weeks are antiquated. Time to reduce to 20 hours per week and more wfh.
Bonuses, Salary Increases and Performance Eval Process
Disclaimer: I work for a smaller competitor and I am fishing for info (will post the same questions on a few boards here). Anyhow, I am trying to figure out the standard way of managing Bonus, Salary Increases, and the Performance Evaluation... — read more
Rich Howe’s Townhall
Any key takeaways folks heard?
Who should Shell merge with or what assets should it buy
Right now, it seems like Shell leadership is selling and selling until Shell is small enough to buy. Clearly, Shell has had a fire sale on many of its assets in the US and Canada. But it does not seem like the low profit centers have been sold off... — read more
“Pressure on BP to merge with Shell, creating national oil giant”
https://www.thisismoney.co.uk/money/markets/article-14400649/Pressure-BP-merge-Shell-creating-national-oil-giant.html
P&T reorg
Anyone have an insight into Speed reorg?
Resigning and bonus distribution
Is there a policy regarding the annual bonus where you need to be employed at the time of payout? If you give a two-weeks notice now, then still eligble for bonus payment end Feb?
Chevron To Cut 10%-20% of Global Staff
‘Tis the season for bad news at Big Oil - again. Shell won’t let this go unanswered, hence all the speculation swirling around cuts, mergers, lowered pay expectations, etc. Walmart super store managers are making $400k+/- with no college education... — read more
At least we aren’t bp
Imagine what they’re going through with bad stock performance, layoffs and an activist investor knocking at the door lol
Changes to Salary Ranges and hiding of PIR
Rumours going round that the company has increased some of the salary brackets (in line with market) without a commensurate increase in pay for those already in role. This would be an effective reduction in PIR but that's now hidden to staff as... — read more
Shell's DEI
https://www.shell.com/who-we-are/diversity-equity-and-inclusion.html#iframe=L2RlaS8= “We've done a lot of work on DE&I in recent years. Creating the most diverse and inclusive organisation in the world will make us a much better company” Wael... — read more
What’s going on in Canada?
In the Canada town hall, it was mentioned that target bonus percentages will be decreasing starting 2026. Seems like JG2, 3, and 5 will be cut by 5% and JG7 by 2.5%. Other than the typical Shell PR answer, can anyone spill the tea here? Also, were... — read more
How many quitting after bonus?
I’m putting in two weeks notice right after I receive the bonus. Anyone else leaving after bonus payout? Shell will be cutting for years to come.
80 Point vs Alt Pension
Does anyone have a current, good estimate (%’s) of the current US staff that opted for the 80pt versus Alt Plan? I understand most legacy pension payment obligations have been lateraled to Prudential. Still age 50 and 20 years service to qualify for... — read more
Class action
Very surprised there has not been yet a cohesive class action lawsuit amongst the people that have been laid off. In 2025 those who got low ratings are next on the chopping block. I can assure you there’s some questionable decisions that have been... — read more
Capital Markets Day - preview/predictions ?
Anyone in the loop/in the know and brave enough to share ?
2025 raises
How are the raises looking in 2025? Have they started showing up in Fidelity? Post % raise, JG, and PIR.
After 20 years with company I sense the next round of brutal layoffs are imminent
Self serving management will do anything to satisfy the shareholders and employees are ready to sacrifice…whether for a merger or to give the illusion that all I costs are going down…..whatever the real long term c price of this strategy
Employment lawyer recommendation
Hi, Does anyone have an employment lawyer for recommendation? This is about mistreatment during the latest layoff process. Thanks!
Time for Some Big Leaks!!
Why do we come to this site? For information on actual or likely layoffs, so we can prepare for what’s coming ahead of the official messaging. Speculation is interesting, but we need actual leaks. Senior leaders have been cut, we need them now to... — read more
SPF Mega Backdoor Roth
Anyone know if the Fidelity SPF 401k allows a Mega Backdoor Roth?