ExxonMobil's decision to relocate its trading staff from Brussels to London has sparked protests and discontent among employees. The majority of the Brussels-based traders have expressed unwillingness to move due to uncompetitive pay and a lack of flexibility in the new roles, which would include performance-linked compensation. Unions have indicated that those who refuse the move could face job cuts. Protests are planned outside Exxon's Brussels office on Tuesday.
Some Exxon Mobil trading staff protested outside the oil giant’s Brussels office over a decision to move the trading floor to London, which they say will result in job cuts if they don’t agree to the new assignments https://t.co/HRerZoOFSf
Some Exxon Mobil trading staff protested outside the oil giant’s Brussels office over a decision to move the trading floor to London, which they say will result in job cuts if they don’t agree to the new assignments https://t.co/61AeiDhDba
Oil traders of the world, unite!!! Please, someone handle me a little violin so we play it as Exxon's **oil traders** in Brussels protest because they are asked to relocate to London, where a large chunk of their pay would be linked to performance. #OOTT $XOM #OilProletariat
U.S. retaliation? Hague must have some pretty sweet oil reserves. https://t.co/9aQM4uFTZW
Oil traders working for US giant ExxonMobil face losing their jobs because they refuse to leave Brussels for London over poor pay https://t.co/655TctCSTS
Exxon Traders Rejecting London Move Face Job Cuts, Unions Say Oil giant wants Brussels traders to relocate to the UK Protests planned outside Exxon’s Belgium office Tuesday #oott https://t.co/seJs2Zz8cI
The majority of Brussels-based trading staff at the oil giant said in a survey that they won’t move to the British capital because of “uncompetitive” pay and a “lack of flexibility” https://t.co/jXAYvAT0RI