All cut to fund exec bonuses. More layoffs are coming, so if you’re still here, maybe ride it out for severance.
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All the people who have been shaping the company to its current glory for the past 15-20 years are still here.
Rachud here. Thanks for yer jobs. Now me can marry me goat
@sp can you share some vague info about the severance this round? what was offered?
The excel spreadsheet shared as part of the severance packet, supports that discrimination for 40 and above is a real thing.
@p3 well if they found alternative employment for you and you don't take it you don't get severance
@q9 every 4 years is no longer accurate - the cycle is shorter now. I joined in 2004 and I went through layoffs in 2008, 2014, 2016, 2020, 2022 and 2025.
@pp only you can answer that.
Redundancy rounds come around every 4 years or so.
Where they hit in the organisation depends on market conditions, and who's in charge at the time.
Murray will not be CEO at the next round.
@pp there will always be layoff in this sh-tshow… Don’t base your decision solely on the possibility of further layoffs, leave for a better job or because they are paying you to leave (redundancy package) else stay put and hold onto an income. keep looking for jobs on the side and then leave on your terms when you find something better. The job market is currently saturated with talented people since other companies have been laying off their staff. do you want to compete with that at this current time?
@pd i know who helped and have thanked them already. Am a bit confused though on the prospects. Should i keep looking taking into account more layoffs may be coming and can be on the next round?
@p3 Depends, how many months is your package and are you "overpaid" for what you do? Market is not that bad if you aren't an overinflated E/F/G and you get 2 months extra to hunt. Taking the summer off to relax and starting up in September with some cash isn't a bad idea.
@p3 somebody at least a level or two above you worked to find you a different role
I had been laid off but they found alternative employment for me. Do you think I should stay?
Is it more likely i get the boot in the next round?
Take into account that my severance package is very small due to the short time in the org.
Are the people who haven’t been laid off in technology safe for the rest of the year?
@a9 Probably more layoffs!
you guys know there are orgs in bp that make money right?
Sadly, it's true. After this round, they'll wait maybe 2 months. Then they will spin it differently to say they are still transforming. As a former colleague said to me, it's staying just long enough to get the severance, and then take the offer to leave.
@a9+1jyvhssca
Yes, more layoffs, or still continuing with the original layoffs. A fried of mine in the current P&O structure in Houston wont know if they have been laid off until August.
@a9 they mean that its starting with technology, but it will rotate around the business.
And of course the 3-4 yearly cycle. So if you live now, you'll go through it again in 2028/9. Or sooner if we get bought/merged.
Layoffs are inevitable, we all know that.
what you mean by more layoffs?