Exodus

Exxon was once the paragon of a coveted career in corporate America. The pandemic has torn that apart

- Kevin Crowley

Shortly after Exxon Mobil Corp. lost its battle with an activist investor last year, an executive named Bill Keillor decided to give his department a morale boost. It had been a difficult year and a half for Exxon employees. Covid-19 and plunging crude prices had led to halted salary increases, reduced benefits, and, for the first time in decades, thousands of layoffs. Anxiety was coursing through the organization.

So Keillor, whose title is global IT vice president, and his leadership team organized an awards ceremony to take place at Exxon’s Houston campus. They posted an invite on Yammer, an internal social network, with Keillor’s face cropped onto a tuxedo. With many employees still working remotely, most tuned in via Zoom.

Keillor started by thanking everyone for their hard work over the past year, presented awards to three top-performing teams, and then opened the floor to questions. It was at this point things started to unravel, according to four people present who spoke on condition of anonymity. The software developers, data analysts, and technicians who run Exxon’s vast computing network, which helps the company manage everything from drilling wells to pipeline flows, were in no mood to celebrate. Emboldened by the virtual format, they began firing off tough questions. They wanted to know if there would be more layoffs, whether remote working would continue after the pandemic, and whether Exxon was willing to raise pay to the level of major tech companies.