I started with the company (like it) this year and I already hear that we may have redundancies and job cuts in London.
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After working for the company many years, I trusted BP less and less. Even when the economy is weak, the company cannot figure out how to keep talent. BP promotes and retains whomever they feel like because for BP people are disposable items.
Are there any layoff in Houston? Now that many people are working from home, how is management keeping a tap on people? The culture of BP is formed by many micro-managers calling themselves "not people person".
I kept my head down and was chopped like mulch. Over 15 yrs of service and just 3 months severance pay. Not worth staying.
When you end up in a bad spot, a common outcome is to have post-traumatic stress disorder. We need to get better at walking away from a bad situation early enough that you reduce the effects of post-traumatic stress disorder. My friend "timing" on this is like "location, location" on real estate.
I disagree. Exxon hasn't made any official cuts. It's that thinking that's gotten BP where it is today.. "We are just as bad as everyone. No need to change"... "Macondo could have happened to anyone". Working at downstream BP has made me realize that there are core cultural issues within the company that make it more likely to fail.
As a BP employee in Houston who has recently been through 2 layoff rounds (the 2nd very deep) best advice I can give is to keep your head down and focus on the job at hand. If work is drying up, find new things to do and try not to take the stress and uncertainty home to your family. Separate what you can control from what you can't, and try not to worry about the latter.
Been reading some very negative posts about BP on this site, and I'm not sure it's justified. Every responsible oil & gas company has made cuts in budgets or personnel to deal with this downturn. Every large corporation has gas bags within their management and a level bureaucracy to deal with.
The grass isn't always greener folks.
Out of all the majors, BP is structurally the weakest. New talent does not want to come to BP if they have options. Macondo made a weak player even weaker. Management is a cancer on the company and the British government keeps the cancer metastizing indirectly by propping up the company and keeping it a British concern. Best outcome is for BP to get acquired, but that won't happen.