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Justin Mikulka
@justinmikulka.bsky.social
Research, analysis and opinion on the ongoing energy transition. Writing about it at powering-the-planet.ghost.io Newsletter signup: powering-the-planet.ghost.io/#/portal/signup
1.9k followers350 following3.4k posts
JMjustinmikulka.bsky.social

“Things are dire and leadership needs to realize things are concerning,” one employee wrote. “The rewards have dwindled, salaries reduced and in recent times it also feels like there is no longer any care or respect. The last is especially disheartening to see.” Who do you work for again?

KEketanjoshi.co

A nice reminder that the biggest threat to fossil fuel industry workers are fossil fuel industry executives, not climate activists www.bnnbloomberg.ca/investing/20...

Shell Employees Voice Their Ire in Company Survey as CEO Cuts Jobs to Drive Profits
(Bloomberg) -- Shell Plc employees excoriated the company’s leadership in response to an internal annual workforce survey as Chief Executive Officer Wael Sawan cuts jobs across the business to help drive returns for shareholders, according to internal documents seen by Bloomberg. The company’s workers expressed dismay at the way the Shell’s leadership is managing the British oil major’s biggest overhaul in years. Headline figures in an annual exercise known as the Shell People Survey, showed a decline in how employees view the organization’s leadership as well as its reputation. “These results come as no surprise considering the amount of change we have been going through recently,” Rachel Solway, Shell’s chief HR and corporate officer, wrote in a letter to employees posted along with the survey results. “When it comes to next steps, in the executive committee, as in your meetings, we will listen carefully in our conversations and make the most of every opportunity to engage.” Since taking over as CEO at the beginning of last year, Sawan has been on a mission to overhaul Shell’s culture and performance as part of an effort to narrow the valuation gap with American peers. He vowed to take a “ruthless” approach to spending the company’s money to focus on driving returns for shareholders. Since then, Shell has embarked on job cuts across the company, including in divisions such as oil and gas production, deal-making and chemicals, as well as low-carbon areas like offshore wind. The survey showed that some employees aren’t enthusiastic about what the drive for profitability means for their work life. There was a decline in nearly every category measured, including two of three “key drivers” known as “employee engagement” and “organizational leadership.” “This is what you get when you go for ‘ruthlessly pursuing shareholder value’ at the expense of the organization and the people who actually do the work,” one employee wrote in an internal online forum. “Food for…
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JM
Justin Mikulka
@justinmikulka.bsky.social
Research, analysis and opinion on the ongoing energy transition. Writing about it at powering-the-planet.ghost.io Newsletter signup: powering-the-planet.ghost.io/#/portal/signup
1.9k followers350 following3.4k posts
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