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 look at things carefully, use your brain, you may notice that many folks are leaving and there are rumors about layoffs in London.
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
If you want stability, the petroleum industry isn't for you. Oil is cyclical, you better get used to it quickly.
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
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
Post any information about potential or actual BP Layoffs in 2019?
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
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
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 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?!?!?!?
Owners Who else?
Involuntary severance - A way to legally get rid of overachievers that are pushing best practices and creating work for management. Best get these people out!
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
About hundred laid off at BP Refinery In Whiting, Indiana
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
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
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
https://www.ft.com/content/f841262c-5dc2-11e8-9334-2218e7146b04 ANYONE KNOW HOW MANY OF THE 500+ planned cuts to upstream are in Houston?
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
Did anyone hear how many total got 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
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
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
What is the Denver office like? Is the Lower 48 division profitable, or is it propped up by other divisions?
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
I started with the company (like it) this year and I already hear that we may have redundancies and job cuts in London.
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.
$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
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
We're toast. Exxon may devour us.
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
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.
Any information on planned 'major' cost cuts coming to Alaska?
According to https://www.macroaxis.com. There is 47% chance BP will go bankruptcy.