BP PLC Layoffs

Topics regarding layoffs at BP PLC

BP Pay Grades / Bands

Can someone share the pay bands and their respective average salary and bonus targets? Which pay band do you get equity? TIA.
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Post ID: @XSv9qND

BP Layoffs 2018

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.

Oil is cyclical.

If you want stability, the petroleum industry isn't for you. Oil is cyclical, you better get used to it quickly.
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Post ID: @XhkOzGn

From other site

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

Class action

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

Do not count on BP acting compliant

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

BP = Broken Promises

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

BP selling Houston buildings? What's next?

I read today that BP is moving out of their Gulf of Mexico business building in Houston, AND they are selling the Helios Plaza building in Houston. Are they getting ready for some major changes? What's next?!?!?!?

Whiting

About hundred laid off at BP Refinery In Whiting, Indiana
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Post ID: @Kplcjuq

USPL cuts 50% ~450

USPL just divested all its terminals. Doug Sparkman, head of Fuel Value Chain does not inspire confidence. A cardboard box has more charisma than this guy. His townhalls are a disaster. For example, asked about contacting him, he responded, "Get on... read more

There really is life after BP

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

Use them and dispose them

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

LAY OFF TO HIT HOUSTON

https://www.ft.com/content/f841262c-5dc2-11e8-9334-2218e7146b04 ANYONE KNOW HOW MANY OF THE 500+ planned cuts to upstream are in Houston?

Important read

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

CEO's maximum pay was cut

"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

BP PLC's severance package is a joke

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

Abused.Employee

I am nearing retirement in which I have about one year left to go. I welcome an early retirement package from BP. But like others, I will probably be screwed out of my benefits. In all my years as a professional, I have never been more abused or... read more

Lower 48

What is the Denver office like? Is the Lower 48 division profitable, or is it propped up by other divisions?

BP Layoff Locations

Hello All - I am researching message boards relating to BP layoffs due to the recent O&G downturn. The information is scarce. Would someone be able to help me out by replying with a list of major geographic locations that are affected (a major metro... read more

BP Layoffs 2017

I started with the company (like it) this year and I already hear that we may have redundancies and job cuts in London.

Update 10/9/2017

https://www.bizjournals.com/houston/news/2017/10/09/5-things-to-know-in-texas-energy-this-week.html

Restructure or buy-out?

$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

Oh No - Not to relive this tragedy again.

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

HERE ARE THE BIG OIL AWARDS

I've been watching all your boards for a few months and here are the awards from first to worst (posted on all your boards) from Shell to Exxon to BP to Chevron. 1st Place - Chevron - The "Street Fighters with Big Balls Award" Easy to see why these... read more

Layoff Notice Received

Got my notice that my days are over. A cold conversation, really couldn't explain to me after getting exceeds and exceptional that I was being let go. Lesson learned don't transfer to a new business unit during a down turn.

47% BP will go bankruptcy

According to https://www.macroaxis.com. There is 47% chance BP will go bankruptcy.
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Post ID: @MwxjNlY

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