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re: Not A Good Look For ExxonMobil
Posted on 10/17/22 at 4:45 pm to NWHoustonTiger
Posted on 10/17/22 at 4:45 pm to NWHoustonTiger
As i understand it, it isn’t the lack of ping pong tables and comfy couches nor the lack of DEI programs or green initiatives causing the attrition over there.
Posted on 10/17/22 at 4:47 pm to Klark Kent
Didn't some activist install some climate change zealots on their board?
Posted on 10/17/22 at 4:47 pm to EvilTwinsApprentice
Didn’t Exxon go woke with their new board members?
Posted on 10/17/22 at 4:50 pm to redstick13
quote:
paying field hands $1500 per day or more.

Posted on 10/17/22 at 4:52 pm to USMCguy121
quote:
Aw shite
Dun da da dun dun
frick em in the neck
Posted on 10/17/22 at 4:55 pm to EvilTwinsApprentice
quote:
Exxon Mobil (NYSE:XOM) is making more money than at any time in its 140-year history
quote:
Exxon (XOM) has made important changes recently, including reforming its climate strategy and condensing 11 businesses into three, and it is on track to cut costs by $9B by 2023.
So by cutting costs they are upping their profits? What’s one way to cut costs? Get rid of useless labor.
Posted on 10/17/22 at 5:01 pm to NPComb
quote:
Toxic from:
- actual poison
- wokeism
- not being woke enough
Who knows with today's journalism?
This. I don't believe anything they put out
Posted on 10/17/22 at 5:11 pm to upgrayedd
quote:
Ah, so the company is trying to get away from what it actually produces and anyone who objects is tossed to the side.
Exxon’s investment in Guyana suggests they are just fine with O&G profits.
Posted on 10/17/22 at 5:11 pm to fallguy_1978
quote:
Didn't some activist install some climate change zealots on their board?
In 2021 with the backing of BlackRock.
Posted on 10/17/22 at 5:12 pm to dallastigers
I'm not an employee but I do have a good chunk of XOM stock so I want them to do well. They are also a major employer in BR.
Posted on 10/17/22 at 5:28 pm to fallguy_1978
also new discoveries announced in the last week off the shore of Guyana. i think your stock will be fine

Posted on 10/17/22 at 6:00 pm to Klark Kent
About 20% if that turnover was at the end of June this year before the fed raised the interest rate July 1 demolishing the pension lump sum. It literally cost people 150k of lump sum to stay that 1 extra day.
Posted on 10/17/22 at 6:06 pm to EvilTwinsApprentice
quote:
Exxon's (XOM) stock is up 60% this year and is near a record high
Sounds like what they’re doing is working well.
Posted on 10/17/22 at 8:19 pm to EvilTwinsApprentice
I guess all the poors in this thread with no pension don’t understand when interest rates are low and expected to go up, you’re almost forced into retirement
Posted on 10/18/22 at 12:02 am to jeffsdad
Many Exxon employees including myself have taken an early retirement because of the rising interest rates in the last year or two. It makes a huge difference in your pension payments!
Posted on 10/18/22 at 1:58 am to jeffsdad
quote:
Explain please
Only if someone can explain why this thread is anchored?
If you take the "lump sum" option on your pension, it assumes that you will be able to earn money on that lump sum in a manner consistent with the interest rate (which tracks the fed, and therefore inflation). If interest rates are high, then the lump sum you get upon retirement is lower.
The other option is the fixed income (x amount per month until you die), however for most people lump sum + investment is a better option.
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