No murmurs? Gossip? Nada?? Starbucks leaving Westlake? Someone must know something!
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1cvq: You are 100% correct. The nepotism and favoritism is off the charts. So many spouses, in-laws, lovers and other relatives work at BP in the US. It’s especially true for Vice President and higher executives. So many of their children work get high-paying jobs. They should be embarrassed.
This is all karma. What goes around comes around. BP management hiring friends or ex-lovers into BP management is taking it’s toll. The way BP management handled Deep Water Horizon was historic. BP doesn’t display photos of the fish and wildlife in the gulf 10 years after.
Part of the reality is that BP trying as fast as they can to get any cash now from a dying industry. They do not care and likely unable to figure out how to retraining current employees in the industry that money will be invested. Just like any below average company - people last.
Fear shuts lips and minds. M&A, Facilities and Controllers now as busy as they were during summer of 2010 Macondo explosion. Since most departmental budgets have been zero’d out many others, (outside BPX) getting lots of home projects done. What a waste. Lots of work on the previously announced $17B write downs happening. Watch for announcements leading up to August 4 Q2 reporting. When a “major” oil company like us sells all its integrated leveraging assets its a slow climb to recover, if even possible. Sad. Very sad. Silver lining - EOI offering. Very few in this world get severances like big oil. But seeing the fall of a great industry is not easy.