Can someone share the pay bands and their respective average salary and bonus targets? Which pay band do you get equity? TIA.
Topics regarding layoffs at BP PLC
If you want stability, the petroleum industry isn't for you. Oil is cyclical, you better get used to it quickly.
There are a lot of ex BP X's around. I was devastated by a BP layoff in my 8th year (1992), and that was over 25 years ago and things haven't changed. While I managed to have a pretty successful 28 year career in the oil & gas industry (with another... read more
Management doesn’t have a clear vision. L48 headquarters was moved to Denver, even though most of the onshore assets are in Texas. There is a Denver vs. Houston mentality which originated from the current onshore CEO. L48 has been laying off high... read more
Read recent posts on BP layoffs. HR and Management will drum all kind of false information to not give employees a severance package. You will pay the consequences of not signing the severance package under BP now explicit terms; terms that BP kept... read more
Post any information about potential or actual BP Layoffs in 2019?
It was announced on October 19 (after a week of speculations and information leaks) BP would be closing the OKC office because all of the assets operated by this office were for sale. Also announced that any non-Midcon personnel that had an office... read more
I may be a little off topic with this article, giving that it has nothing to do with layoffs, but it definitely paints a picture of how things are done at BP. It raises the question if BP’s CEO is overpaid, in relation to the company results and the... read more
Worked at BP for 16 years. 1 year before turning 50 I was laid off. HR must keep track of who is about to be eligible to start accumulating retirement benefits. I am pi$$ed at myself for sticking around and passing on other offers because I was naive... read more
A BP manager that worked over 20 years had his relocation cancelled and told only option was to secure a job in Naperville. This was not possible due to the major reorganization and BP confiscated his medical retiree medical benefit with less than 1... read more
Seems excessive due to the recent Q1 profits, previous layoffs of staff & consultants, and current price of oil. Anyone understand the reasoning from Leadership for this ham fisted approach? Good folks will flee in the coming years if this is not... read more
https://www.ft.com/content/f841262c-5dc2-11e8-9334-2218e7146b04 ANYONE KNOW HOW MANY OF THE 500+ planned cuts to upstream are in Houston?
What is the Denver office like? Is the Lower 48 division profitable, or is it propped up by other divisions?
we should file a class action suit against BP for firing people near retirement. only then talent will not come to work for them. This! My dad was laid off from BP with no notice and after he had been with the company for more than two decades. Just... read more
Companies like BP should be given the cold shoulder by recent grads...do not trust their words. All they do is print false information to get you to work for them and at the blink of an eye drummed up excuses to get ride of you. Very often - they do... read more
Did anyone hear how many total got cut?
More than 260 Alaska workers are expected to be laid off at the end of next month as the BP oil company ends a contract with Mistras Group Inc... read more
More layoffs happened today.
If you look at things carefully, use your brain, you may notice that many folks are leaving and there are rumors about layoffs in London.
Just experienced the same treatment soon reaching retirement age and fired by incompetent manager that would turned on the computer, disappeared for hours, and London management believed " we have a great leader". Goes to show - out of sight, out of... read more
Any information on planned 'major' cost cuts coming to Alaska?
"BP Plc has agreed to cut about 5 million pounds ($6.24 million) from Chief Executive Bob Dudley's maximum pay for the next three years in a bid to avoid a shareholder revolt..." Well Duh! Why wouldn't he deserve a pay cut too after company posted a... read more
Owners Who else?
According to https://www.macroaxis.com. There is 47% chance BP will go bankruptcy.
$400m cash gap and 3 miserable quarters ahead. Rumors persist about a restructure and significant changes. Behaviors are at their worst with too many senior leaders and too few worker bees. Time for a major change and maybe it will come in a... read more
Shell ... ...
We're toast. Exxon may devour us.
Any update on the actual number of people that have recently been let go in Alaska, or the expected percentage? Or do we have to wait up until December 15 to get the final word?
I started with the company (like it) this year and I already hear that we may have redundancies and job cuts in London.
About hundred laid off at BP Refinery In Whiting, Indiana
The BP Whiting Refinery - up to 80 http://www.nwitimes.com/business/local/mass-layoffs-hit-bp-whiting-refinery-for-first-time-in/article_96f6b93b-0804-5dec-9c05-8077a4bcc2d7.html
Told today we will be notified December 2nd-15th and that is all. Happy Thanksgiving and a Merry Christmas!!!!
Any truth to company packing up and moving out of Alaska due to continued struggling financial performance?
So happy to not be a part of BP any longer!! They actually did my family a favor. BP won't last much longer........ they kept the high paid managers ( that know nothing about the industry), spending millions on TV commercials (trying to show people... read more
The movie "Deepwater Horizon" will be shown in theater on September 26, 2016. Here is the link to the movie teaser: https://www.youtube.com/watch?v=8yASbM8M2vg I know this movie has nothing to do with the layoff. However, there is plenty of laid-off... read more