Can someone give me an answer as to why challengers are protected besides 'optics'? I look at my team and 2 out of 5 staff are challengers. They are both bright individuals, but they still need constant guidance and naturally lack experience. I just... — read more
Topics regarding layoffs at BP PLC
My confidence in BP is not what it used to be. The share price is dire, decisions being made on new leadership are more than questionable, bonuses not to be paid. I am hearing more and more people who are waiting for tier 4+ announcements saying the... — read more
I heard that is the day for all decisions to come out.
I can’t remember if this company has ever been managing workforce reductions less effectively than now. Correct me if I am wrong. There is a lot of unfairness. In my opinion, BP needs better practices in how layoffs are managed but I doubt they will... — read more
I've been through a few BP layoffs before and each time we were expected to pick up the work of those who were let go. All of this with no extra pay, of course. But that can't go on forever. I think I'm done doing the work of three people for the... — read more
Colleagues, in these uncertain times, how do you manage to still deliver what is expected from you? I find it more and more difficult to concentrate on the tasks I should do!
The worrying, the stress, the anxiety... You know, all the things we need more of in the middle of a pandemic. I really wish that instead of making an announcement that said until the end of the year, they gave us a date and then finished it all at... — read more
Meaning, the rest of us are screwed after all. BP is set to make around 7,500 compulsory redundancies after roughly 2,500 staff – or just over one in ten of those eligible – applied for voluntary severance, according to an internal memo seen by... — read more
I wonder why its always a round number for layoff news? Was there any sound math or logic used to build up that number of just a tops down number using an average cost per headcount? With 2,500 leaving from Phase 2 EOI does anything think they... — read more
This seems higher than expected and very good news for the rest of us that love our company and want to stay :)
I'm almost ashamed to admit it, but I still enjoy my job at BP. I'm scared of layoffs not because I'm afraid of ending up jobless, I'm confident I can find employment within a few months, but because I don't want to leave this place. I'm thinking I... — read more
While it’s fashion for us to blame management, redundancy efforts affect everyone https://www.mirror.co.uk/news/uk-news/bp-executive-k–led-himself-after-22772815
I made a huge mistake of drinking the kool-aid and actually believing the c-ap about HR being there for us and to help us deal with any problems we might have at work. Well, I've certainly learned my lesson - even if the price was rather steep. Don't... — read more
I am in Houston....
For those who haven't heard, tier 4 leavers will be notified between 11/16 and 11/30. If you're leaving, your severance will be mailed to your house and the 60 day notice begins on the day you receive it.
and bp is no different. It is disheartening to see just how many people are taking the layoffs and reorg as a personal hit and the statements about bp is a sh– company because all of a sudden they are showing they don't care. Newsflash, they never... — read more
Does anyone know how many VP in other OM?
In your opinion, what is the single biggest issue BP is facing right now
BP stock continues to fall..how long until shareholders/board pull the plug on Looney? When is enough, enough?
My line manager is a real classy a–hole and has been messing with me since day 1. I know that he will not score me well if he can get away with it. I am wondering if the backstop against any bias happening is real and if it will actually help. My LM... — read more
Lots of VP's with very long titles?
Any one know how shareholders can sue Looney and his Board for ruining and company and destroying the stock price?
https://www.google.com/amp/s/m.huffpost.com/us/entry/us_5f6e3120c5b64deddeed6762/amp Is anyone surprised??? BP is laying off thousands on the premise of going green, and yet behind the scenes they are still up to their old tricks. It’s disgusting... — read more
https://www.worldoil.com/news/2020/9/24/bp-stock-hits-25-year-low-a-week-after-its-new-climate-strategy-debuts See above. anyone have any idea if the board would revolt against looney's green plan? Dudley spoke to investors about lowering the... — read more
Workload is not slowing down and if anything is growing. Even if you survive the reorganization it will be absolutely brutal to keep up the pace of work that will be expected with fewer folks around. Work is NOT being removed it is being added... — read more
So it looks like bp dodged a bullet by learning about some “inconsistencies” at the electric car company Nikola before we signed a deal with them. This is the type of thing that worries me about the judgement of our new leadership.
My guess is that they'll have to announce some kind of structure by end of September. Then they'll have to notify those they'll let go. I thought this was the "60" day period before the employee has to leave. I know they absolutely want... — read more
What is going to happen with BP Digital Factory with all this cut and going greener?
Is everyone else eager for the other shoe to drop?
I'm pretty sure I'm preaching to the choir here, but I'll go ahead and say it anyhow - there is no future at BP for anybody who doesn't know or is related to the right person or who isn't an expert but-kisser. Nothing else seems to matter here... — read more
Right now we are sporting our worst ever debt to equity ratio!! Worst ever!! Dividend had to be cut by two/thirds. Stupidly spent $10.1 Billion on BHP’s North America assets. We just had to become the backing finance for Hilcorp to... — read more
Aren’t you excited that it’s BP Week, whatever that means? You can watch webcasts of your bosses talk about how they are saving the world by firing people. Yay!
I listened live in person as Looney told the audience of employees that people are BP’s greatest asset. In times like this you find out how important people are to BP - squat . Yeah, which people, Joker ?
Kyle koontz got promoted to coo of development. Who is the new Permian SVP? is douglas johnson now president of bpx energy?
So here we go! Wonder where the $1.1B is coming from? Oil and gas assets being sold off so what exactly forms the value of this company? Deciphering the financial reports of this company is like playing with a house made of cards. What a... — read more