heard aggressive targets have been given on headcounts to svps...
19 replies (most recent on top)
Keep this in mind, whatever target they were given there will be over achievers and cut more.beware
@1ss slowdown a bit…your shoulders are getting tired…take a few sanity breaks a day. KD is no longer tracking key strokes
@ee I find that in my dept there are a lot of people in roles that add no value to the business, but then we're struggling for numbers in important areas. Not sure why this is the case. My guess is that some of the value adding roles are really hard and people prefer cosy roles like "modern slavery ambassador". So, yes they could cut 50-60% in some parts of the business and nobody would notice, while in some other parts we need 20% more people. I'm doing a role that before reinvent was done by 2 teams, 8 people and I'm getting really stressed, while some of my colleagues spend their days doing office safety walks...
@d2 LS was already passed over for that SVP role when they gave it to raggedyAnne when she decided to move from Lightsource back to the mothership…
@dr this is bs at least in wells.
@cz This sounds like a job description for a vp at bp
@d2 I don’t think that the Serpa snake will wind up in that SVP role. Granted she has been around for AGES and AGES, she has already been in a region presidents role, and a wells VP for the North Sea and Alaska.
She messed up in the North Sea role and they shipped her off to Alaska where she did her famous “slap/chop” in cutting the Organisation to bare bones before going to Houston where it has been nothing but chaos and mayhem.
She staffed up the Organisation heavy after reinvent, became a “say yes to everything VP”, then cut a lot of great people while drinking the “#Punehasgreatengineers kool-aid”…
@ef their ill informed best guesses.
@ef they are making them up. Just like management with the reorg.
Where are folks getting these numbers from?
Our problem for the last several years has been overpopulation in MOST areas of the firm. And of course, overpopulation is terrible for the ecosystem. We can comfortably cull 30% of the herd. Across the board. The old, the lame and the dim are at high risk. That would be many of you, my loyal followers.
@e7 does it include TSI they’re central..
@e1 40 for central teams 20-30 for the rest.
Is this 20-40% confirmed from reliable sources?
I’ve heard 40% across any central team.
I have been fooled by the koolaid from bp over the years. Leadership are in it for themselves VPs at D make about $1mm including options, and their musical chair game that rewards underperformance ensures they take care of each other no matter which one of them gets promoted. In order to maintain their pay, they don’t care about people or revenues. A billion less in revenue makes no difference to them or the markets. But the drama and pretension they maintain by gaslighting everyone around them allows them to hide and scapegoat others.
they should do an EOI...would be effective
@ae 20%
It would be nice to know what the redundancy target is. What is the percentage of staff that will be severed?