Low share price, weak leadership in the growing parts of the business (G&LC, solar, offshore wind), no internal mobility below svp level, over hiring in regions, too much external hiring diluting bp culture including safety, promoting wrong people... — read more
I've worked for BP Global and BPX and I've seen a lot of pretty bad ethical issues within BPX (Not Counting BP's Recent Scandal). Share some of your stories here. Have you had any bad or good experiences at BPX? Why are so many leaving? This place... — read more
Do not help train your replacements. Don’t share data, make them work your time and always tell your boss they are incompetent and you have to recycle every piece of their work. This would delay them taking your job. This is good advice. It's sad... — read more
What's the word on annual raise % and target bonus multiplier?
https://www.thehindu.com/business/bp-to-set-up-technical-solutions-centre-in-pune/article67749012.ece/amp/ For those who don’t know, this is beginning of the end. Each technical person will be replaced by cheap Indian labor force. 400 on year 1... — read more
Any SLL’s or VPs on here? Who’s just waiting to collect their reinvent stock and bonus next year before departing? I’ve spoken to a few who are planning this. Could be an exodus!
A. I believe this is a great company! B. We’ve had challenges but we’re making a turn. The pay and benefits keep me here. I’m just gonna stick it out until retirement. E. Other (explain).
How very predictable. Nothing has changed when ,in fact, the company needs a radical change.
What's next? Some top management leaving? Small shell workforce adjustment.
bp has been in decline for many years
bp would be funny if it werent so sad. does the comment about "intense scrutiny" mean there wont be scandal?
With the new CEO hire we all now know that the BP code of conduct means nothing to the Board of Directors and upper management. Remember that next time they virtue signal to you.
murray means "from the sea" and guy is captain of sinking ship
Confucius say that appointment of "Auchincloss" will make shareholders say "Ouch my loss"! new beginning was needed a cleaning of the slate
According to Sky News, the BP board is preparing to name Murray Auchincloss as the new CEO. "BP's board was meeting on Tuesday evening to finalise the appointment of Murray Auchincloss as its next permanent chief executive, Sky News learns." By Mark... — read more
New CEO? Announcement date? M&A? Cmon!
I'm now embarrassed to say where I work. I want out of this mess and I'm willing to volunteer to be laid off to speed up that process.
Thoughts? Any BP layoffs? Any chatter, news or rumors?
His appointment would be a nod to continued philandering and victimization of female staff. Helg should resign - he is not without fault.
Nothing will change for us. We are too insignificant to be affected by this change in ways other than potential layoffs - which are already happening, so...
Shouldn’t Murray Auchincloss be sacked along with Bernard Looney? There is no way he wasn’t aware of what Bernard was doing behind the scenes.
Seriously, is there a chance that this guy is now unemployable? I can't see any of the other oil majors wanting him. Consultancy work? He didn't exactly make a financial success during his time as CEO. I wonder if he will have to start up in business... — read more
What other decision did the board take at the end of the year?
LONDON—BP BP 0.78%increase; green up pointing triangle said former Chief Executive Bernard Looney will lose out on as much as $40.6 million in compensation as the result of his abrupt resignation over past relationships with... — read more
Here is the text of BL's statement. Source Yahoo Money. “I am proud of what I achieved with my colleagues during my time as chief executive officer of BP,” Looney said in a statement. “I am disappointed with the way this situation has been handled... — read more
What do you think of BL being “terminated” today versus having resigned?
The cost of loving for BL is punative. A Google search will provide you with the news from the media worldwide. Who on earth will employ this guy?
Non-employee here. Why is BPX looked down upon relative to other BP subsidiaries globally. Also, is BPX, generally, more "woke" than other units? I get that impression from reading other posts.
How do BPX employees feel about the promotion? He has a reservoir background and has risen fairly quickly in the BPX ranks from SVP to COO. He was also employed by Sandridge along with DL. Would new global leadership bring new face to BPX ceo? — read more
Reuters reporting that new CEO won't be appointed until first quarter next year. Article stating MA has declared his interest in top job. BL's remuneration to be decided by year end. Taking the article as a whole, this looks like it is going to be a... — read more
An excellent article has just been published by the Financial Times regarding the corporate culture at BP and how it ignored BL's conduct. It is entitled 'How BP's 'Sun King' Court Enabled the rise and fall of Bernard Looney.'
Headhunters appointed to find next CEO. Strangely enough, investors said to be keen on MA!?! He has the personality of a lamppost.
We are returning to our pre-reinvention staffing levels, and achieving our '25 targets is becoming increasingly challenging each day. It's evident that there will be a significant focus on realignment and potential staff reductions in the coming... — read more
Is it some award bp invented and let some management people give to their favorite employees? More of a nepotistic award?
Can some finanace type give a short summary of BP’s profitability v/s other majors. From where I sit: legacy assets are in decline exploration has been unsuccessful recently upstream projects currently in execution have lower profitability... — read more
Any updates on new CEO ? In any case, super low morale in bp uk these days - it needs to come soon. I am still shocked by the hr disaster. We don't have successors lined up. Our career evolution system needs serious fixing.
Thoughts on BPX selling off STx? Multiple managers/ supervisors left for Ineos, maybe DL will end up there and pull a move like his brother did with Chesapeake and Continental….. Wells were pushed off the schedule for next year in EF, BPX keeping... — read more
Is anyone surprised? Of course it’s a failure of leadership, but the cuts will come from employee ranks