Power Line: Exxon's secret ranking system — Tesla's solar slide — Big Oil earnings preview

Welcome to Power Line, a weekly energy newsletter brought to you by Business Insider. Here's what you need to know: Want to get Power Line in your inbox every Friday? Sign up here.  Most of our content is available to BI subscribers. Click here for 20% off.  Got feedback or tips? Email us at energy@businessinsider.com.  Exxon says it has no plans for layoffs. Former employees and documents leaked to Business Insider tell a more complicated story. This morning, we reported that Exxon — which had 75,000 employees at the end of last year — made a change to its internal performance review system that exposes a large portion of its US workforce to job cuts. The company expanded the minimum number of employees that must be classified as "Needs Significant Improvement," or NSI, in the annual review cycle.  Some of those employees are forced to resign. Others have the option to enroll in a performance improvement plan.  Current and former employees said that Exxon is obscuring layoffs in performance-based cuts.  Read the full story here Are you a current or former Exxon employee? You can reach me at bjones@businessinsider.com or through the secure messaging up, Signal, at 646-768-1657.  To keep reading about Power Line: Exxon's secret ranking system — Tesla's solar slide — Big Oil earnings preview, Click on the link. Seoul, Korea
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