Topics regarding layoffs at BP PLC

Topics regarding layoffs at BP PLC

Shareholder Revolt

Any one know how shareholders can sue Looney and his Board for ruining and company and destroying the stock price?

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| 1480 views | | 7 replies (last September 30, 2020)
Post ID: @OP+17bWqHi4

BP Still Backs Anti-Climate Groups in US

https://www.google.com/amp/s/m.huffpost.com/us/entry/us_5f6e3120c5b64deddeed6762/amp Is anyone surprised??? BP is laying off thousands on the premise of going green, and yet behind the scenes they are still up to their old tricks. It’s disgusting... — read more 

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| 1120 views | | 4 replies (last September 28, 2020)
Post ID: @OP+17axsq66

BP stock hits lowest in 25 years

https://www.worldoil.com/news/2020/9/24/bp-stock-hits-25-year-low-a-week-after-its-new-climate-strategy-debuts See above. anyone have any idea if the board would revolt against looney's green plan? Dudley spoke to investors about lowering the... — read more 

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| 1530 views | | 5 replies (last October 28, 2020)
Post ID: @OP+1775hs9X

I hope I'm on the list

Workload is not slowing down and if anything is growing. Even if you survive the reorganization it will be absolutely brutal to keep up the pace of work that will be expected with fewer folks around. Work is NOT being removed it is being added... — read more 

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| 2750 views | | 17 replies (last September 29, 2020)
Post ID: @OP+176xn17z

bp and Nikola?

So it looks like bp dodged a bullet by learning about some “inconsistencies” at the electric car company Nikola before we signed a deal with them. This is the type of thing that worries me about the judgement of our new leadership.

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| 1162 views | | 2 replies (last October 30, 2020)
Post ID: @OP+176io99C

Restructuring (on the Horizon /sic/)

My guess is that they'll have to announce some kind of structure by end of September. Then they'll have to notify those they'll let go. I thought this was the "60" day period before the employee has to leave. I know they absolutely want... — read more 

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| 2060 views | | 8 replies (last September 23, 2020)
Post ID: @OP+174p35Pp

No future here

I'm pretty sure I'm preaching to the choir here, but I'll go ahead and say it anyhow - there is no future at BP for anybody who doesn't know or is related to the right person or who isn't an expert but-kisser. Nothing else seems to matter here... — read more 

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| 1710 views | | 5 replies (last September 22, 2020)
Post ID: @OP+173NQ892

Worst Ever

Right now we are sporting our worst ever debt to equity ratio!! Worst ever!! Dividend had to be cut by two/thirds. Stupidly spent $10.1 Billion on BHP’s North America assets. We just had to become the backing finance for Hilcorp to... — read more 

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| 1780 views | | 5 replies (last October 6, 2020)
Post ID: @OP+16YUHu9A

It’s BP Week!!!

Aren’t you excited that it’s BP Week, whatever that means? You can watch webcasts of your bosses talk about how they are saving the world by firing people. Yay!

Looney bin spoke in Anchorage

I listened live in person as Looney told the audience of employees that people are BP’s greatest asset. In times like this you find out how important people are to BP - squat . Yeah, which people, Joker ?

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| 1700 views | | 5 replies (last September 11, 2020)
Post ID: @OP+16TIUV7s

BPX Promotions

Kyle koontz got promoted to coo of development. Who is the new Permian SVP? is douglas johnson now president of bpx energy?

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| 2093 views | | 3 replies (last September 21, 2020)
Post ID: @OP+16TkIhCN

ELT should get performance ranking

Unless they are getting it without my knowledge, ELT should get performance reviews every quarter which should be implemented by their own employees. Within half a year we would have an entire new leadership team because those in charge now are so... — read more 

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| 1321 views | | 3 replies (last September 10, 2020)
Post ID: @OP+16REWzmU

Stuck with bp

I really would love to walk away from bp right now, but I want to be employed (paid) while I look for another job. The severance compensation from the EOI just isn’t sweet enough for me to take. Am I the only one? I just wish other companies were... — read more 

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| 2050 views | | 7 replies (last October 11, 2020)
Post ID: @OP+16RGRmBY

Will working here ever be any less stressful?

Seems like things just keep getting worse and worse with no indication of any improvements any time soon. I'm really not sure how much more of this I can take. If the economy was any better, I'd be on my way out this second. But with things the way... — read more 

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| 1740 views | | 9 replies (last October 7, 2020)
Post ID: @OP+16QhZCzU

Invest in BP or not?

Is it worth investing in BP or not? The share price is Pretty low again, I missed the boat in March. Just not sure whether to or not. Yours, noob investor

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| 1370 views | | 8 replies (last October 4, 2020)
Post ID: @OP+16PzAPXP

How much would be enough for you?

Do you think what we are getting as severance is enough? What do you think would be enough for you to leave this place "with no hard feelings," to put it like that?

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| 1470 views | | 5 replies (last September 12, 2020)
Post ID: @OP+16P56suA

EAP and Speak Up is for the company , not you

I know first hand an account of a former colleague who brought a credible account of corruption to Speak Up. The alleged corruption involved mgt including the TL in his or her organization, where it was apparent that employees were accepting kick... — read more 

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| 1560 views | | 2 replies (last September 7, 2020)
Post ID: @OP+16OShmdU

Rankings have Begun

Tier 4 rankings have begun and are due Sep 11. There are 4 ranking criteria with performance being one of them. Not as favorable to be a delivers expectations and no SVP awards over the last 3 years. The other three criteria focus on professional... — read more 

401k Match

Anyone else hearing rumor that 401k match is to be in half?????

EOI

So many requests denied. Why even bother with offering EOIs?

US exploration?

All dead? Anybody staying? Who is going to run the JV stuff?

BP Plans Crude Oil Production Cuts

Bernard Looney, CEO, stated that BP will reduce crude oil production by 40% over the next 10 years and invest up to $5 billion/year in low carbon technologies. BP swore off exploration in new countries. The goal is to bring oil production down to... — read more 

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| 3200 views | | 12 replies (last August 20, 2020)
Post ID: @OP+16iYeUXS

America and offices

All GBS employees in Naperville were told they will be let go, obviously the petrochemical business was sold, ultimate leaving very few people left at the Naperville campus that is way oversized to begin with. Rumor is that ineos has no interest in... — read more 

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| 3660 views | | 5 replies (last August 5, 2020)
Post ID: @OP+16h5pADo

Earnings tomorrow

I’ll be interested to see the Q2 earnings tomorrow. I think we’re the last super major to release results this quarter. Results for the others have been all over the place. I guess I’m mostly interested to see if trading offset our losses and if we... — read more 

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