News and information on Royal Dutch Shell Plc.
Relieved: The cat is now out of the bag !! Renewable energy sources mean the end to BIG OIL. Well, almost the end. That is Shell's judgement. Forgive me if I don't weep crocodile tears. Apparently RDS finds climate warming, and its consequences the only acceptable option. I mean, what would the world do without BIG OIL and the corruption it breeds ???
Grotemol: Paul Goodfellow is a pure genius. I mean who else could come up with this brilliant strategy !! "We need to reduce our cost base, improve production efficiency and have an organization that best fits our combined portfolio and business plans, " Mr. Goodfellow said. How much is he paid?
Frustrated: Incompetent American managers (Houston based) such as J. Ledbetter, L. Hayes, B. Stoyko are in the process of destroying Shell Canada.
Grotemol: .......and "relieved" we never learn. Our news boss, Culpepper, is the ex head of HR in the USA who has already shown his ineptitude by spending large amounts of money on putting workers into cubes which most of us hate. Everyone now tries to "work from home" !!
old EP hand: Relieved: spot on! When he arrived in SIEP he told us that Shell had the best resourcing system in the world. And he was right. Next thing he did was to destroy that model completely by importing a bunch of no-good americans (there also are some very good americans…), pushed the remuneration of the top to extreme levels and then was parked as ‘president’ in the USA. He loves travelling in style and surrounding himself with sycophants. Plenty of those in the US of A, the land of the ‘free’ and the weasels. He left a ‘Me First, screw the rest’ attitude throughout and the results speak for themselves. He reminded me most of the evangelist Billy Graham, with the difference that Hofmeister was a complete windbag claiming to be an Amish. An insult to the Amish!
Relieved: Read the article on Hofmeister. The man is a self-promoting weasel/slime ball. And he clearly doesn't understand the oil industry very well. But then he did not grow up in the oil industry. Before his stint at Shell USA he was a Human Resources professional in the aerospace industry. He should have stayed there.
Grotemol: The Dutch have always been protected by their 'Staff Council' which is a trade union by any other name. The staff hide behind this and have been immune to cuts and redundancy despite being grossly over staffed with high job group people. This will hopefully come home to roost soon as they start to fight amongst themselves to make the savings in the centre as there is nothing else left. Those of us left count ourselves lucky we still have a job but the workload just went up 5 fold !! Oh yes, that article by Prabhat Sakhya is probably one of the best examples of lazy journalism I have seen for a long time. His prediction of the demise of Shell and BP is laughable as it is based on just two consecutive periods when the oil prices has floundered. Of course it does come from the aptly named Motley Fool.
Relieved: We all know what kind of management RDS has. This is no secret and RDS employees live with this fact everyday. So, in light of this knowledge does anyone serious expect RDS management to be 'fair' and 'generous' when it comes to disposing of excess staff ??? Come on people. Staff is a disposable asset to be managed in the most profitable manner possible. All RDS employees are expendable, it is simply a matter of who goes first.
Grumpelstiltskin: Frustratedatshell And your point being? NL staff get much more employment protection than UK staff, hence UK staff get laid off first. It would be interesting to see the figures from the 2010 cull of which nationalities suffered most. Don't worry, it will all be in Bangalore soon - then God help us.
frustratedatshell: Interested to know if any current Shell employees have picked up on the unfair approach to the current reorganisation. Management in Netherlands are seeking RFA's and operating to a different timeline to the UK and Australia, with Australia being able to steam ahead with their reorg plans as they do not have the same constraints. So much so, that impacted employees are being asked to second guess whether they need to apply for jobs in their base countries or to stick tight and see out the brutal and unfair approach to reducing staff numbers in their current host countries. What gets me is the fact that Shell talks about being a global organisation yet works very much to a local agenda- presumably because of the various employment laws which are stronger in the westernised world contrasting with the slacker legislation in others which make it cheaper in the long run to fire staff. I wonder how long it took the bean counters to work that one out?
Relieved: Shell gave up its Arctic leases in the late 1980's because of the lack of economic viability of the hydrocarbons the discovered in that early drilling program. Well, management changed and guess what? Someone sold new senior management a bill of goods and here Shell is once again, i.e., at the same place as it was in the late 1980's. Anyone want to try this a third time around ? Maybe spending another $7+ billion will prove to be the charm.
UA Local 488 pension gone: In 2007 we were informed we had to pay back 128 million out of our pension because the UA 488 out of Edmonton lost it on a bad investment but when you do the math and run the numbers it doesn't make sense. Every member, travel card and permit sacrifice their pension for 4 years to pay it back and from what I been told were still paying back their loss to date.I talk to retired members and soon to retire member that are still waiting on their pension and a total of their funds.If they don't have our pension and spent it we want them to pay the tax on it. Say in 2007 20,000 members working full time $24,000 a year for each member Turns into $480,000,000 a year. And that's just half of your members. Where did all the money go? And that's 20000 men and they had what 70000 men working in 2007.Your union had Suncor, Syncrude, Albion, Scottsford, Kearl, Firebag, cnrl, Dow Chemical, and Petro. So where did 1,680,000,000 go? Our working dues is 128$ x 70,0000 men x 12 = $107,520,00. Now what did your union do with everyone's money and that goes for your members money? How can they loose government-regulated pension and if they spent it, shouldn't they pay taxes on it bc it tax-free money they spent. 10 percent of that is a lot of tax money.