Thread regarding BP PLC layoffs

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 yr to turn 50. Given that BP has find "temporary" positions to who they feel like to bridge them until retirement, it was a shame to see this happened. Even since that occurred BP has continue with the practice and treat soon to be ex-employees with the same inequalities it did when given promotions and salary increases. Do not expect a miracle and realize that BP will treat you even worst on the way out. Say good bye to stock options since you will have to sign severance package under BP's terms to receive the stock options they offered and did not mentioned how they will confiscate that compensation if you do not sign severance under BP's terms.

Originally posted by @PLYtYgG-3Iczj in an old thread, I thought it deserved to be on the front page.

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Post ID: @Tw0kt5b

5 replies (most recent on top)

This is another example of how BP has an "entitlement" culture – hierarchical, BP’s way or the highway, any harm or penalty to ex-employees justifies BP’s survival, etc. #bademployeer.

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Post ID: @Tw0kt5b-Kvrk

As an owner of BP stock, I am glad they are cutting the dead wood at the lowest cost possible. Good return on investment.

Be gone, Dirvesh.

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Post ID: @Tw0kt5b-Dncx

The best thing you can do is stop whining and use your severance to get an education.

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Post ID: @Tw0kt5b-uwnu

It seems BP's normal mode of operation is to confiscate people's retirement accruals and drummed up lies about people. It makes sense, since legally BP's management can legally do this and BP does not get penalized. This is another way of BP's management showing its true colors of who cares. More of a reason, BP's propaganda of values and behaviors is BP's management way to fog employees' judgement.

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Post ID: @Tw0kt5b-uoii

This is so true. My stock options were confiscated by BP. Do not trust them!

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Post ID: @Tw0kt5b-plr

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