Pros
Good work experience that will make you very marketable to other jobs in the future; no shortage of challenges. You will experience significant development. DB pension plan - rare today, but employees are sceptical on whether the plan will remain as is or be taken away as we see downward pressure on all elements of the total employee offer. There will likely be lots of recruitment in the next few years due to the high volume of people telling the company they are not interested in what they have to offer given recent business decisions and choosing voluntary severance packages. If you are in the trades or an operator, you can have a decent career here. If you are a professional (engineer, business, etc.) the future is not bright as they continue to send jobs to the US, Buenos Aries and India (900 jobs reduced in 2026-2027).
Cons
Generally a lower payer in the market unless you get the top performance outcome which only about a fifth of the population can achieve, if you are middle of the road performer or slightly less forget ever getting paid at market rates. Staffing reductions will make your workload substantial, expect long hours and no OT/Bonus, if you don't play ball they will reflect that in your performance outcome which might get you terminated and will assure you get no raise. The performance assessment system breeds toxicity and pettiness among peers as its ultra competitive and a forced distribution. Company no longer stands on its own, and is a shell of what it once was, now run by Exxon. This is proven through the closure of the Canada HQ, Research Centers as well as tech centers in Moncton. One of their biggest work efforts is to continue find new ways to offshore/downsize headcount in Canada If you are an operations employee, it's an OK employer, but anything in the office locations is a grind for survival and will likely continue to see downsizing. Benefits reductions twice in the past two years with removal of education assistance for dependents as well as overall benefits changes for employees and future retirees. Given recent decisions, no level of management in country has bought into the company vision or mission and are checking out at a rapid pace, the result is a toxic environment where no one desires to be there. There is potential that things could improve when the dust settles in 3-5 years from now and the in-country employees hope to find some stability.