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. Experience, knowledge, impeccable record... My advice to everybody is to start searching for a new job whether you think you'll be laid off or not - because you're certainly not going to continue climbing the ladder here without those originally mentioned "qualities." And why would anybody willingly stay in such work environment?
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When this is done, look for another restructuring to occur in 2021. The second one is intended to fine tune the messed up consolidations that came from the 2020 reorganization. Also, by the midpoint of 2021, shareholders will have a million questions about what BP is doing. To quell the storm, they'll do another shake-up, and hope for the share price to increase.
I agree that your workload will increase. On top of that, you'll be expected to acquire new skills that you need to get the job done. Furthermore, you will have to outrun your peer members to keep from being placed in that last bucket - each year. Be on the look out that just because you've met your expectations, you are at risk of being ranked below expectations. Your work-life balance will really be screwed up. If you remain, I think it's time to look elsewhere. As for the comment about "intangible services", a thought that came to me was Enron. They had some of the strangest services for energy. The drive to be first led to the corruption that brought them down.
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 on.
Starting now bp is constantly chasing investor expectations on a quarterly cycle - with quarterly layoffs to match. If you thought bp was in a state of constant change before, then hold on to your seats. We won’t be selling products, we’ll be selling nebulous, intangible “service”. This is the model that the tech industry follows - and we all know Bernard aspires to model the future of bp on the tech industry.
I think this advice is right on. The ideal combination is a severance and a new job. But, how do you time for that to occur? But, it boils down to this. BP wants to get into green energy. It will be everyone's job to make sure that the business gets a return that will attract investors. I am truly skeptical about that. BP is also very optics oriented. Any disapprovals from shareholders will send Bernie to sell more. From the beginning he has announced that there will be major restructuring of the company to compensate for the anticipated low return. Would anyone want to be associated with an organization like that? For every bad quarter where shareholders have fled, Bernie would be trigger to reorganize again. You'll find that your professional life is in a constant state of chaos because of the reorganizations.