Thread regarding BP PLC layoffs

My little conspiracy theory

Join me in my little conspiracy theory

The AGM results were surprising - as our LT was reelected with over 90% support. The official reasons were as follows: there is already enough external turmoil, so even though the shareholders are not happy with current LT, they decided to keep them.

But maybe they came to a conclusion, that BP itself is lost, so the safest bet is to let Murtad and others destroy the value further, so that BP will eventually be sold for its parts or will be taken over by Shell or other Oil Major.

Am I crazy?

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| 1651 views | | 4 replies (last May 5, 2025) | Reply
Post ID: @OP+1jsw35cds

4 replies (most recent on top)

Merger in next 3 years fits my retirement plans perfectly. Reinvent options will at least double as I “sale” off. Maybe an exit package as well to butter the bread. Caviar dreams!

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Post ID: @1d6+1jsw35cds

Minor caveat: no vote = a vote in the company proposed item. Most shareholders don’t vote unless there is a heavily marketed campaign to do so.

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Post ID: @eg+1jsw35cds

not crazy at all. murrtard won't be able to save the company. don't see how bp survives another 3 years

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Post ID: @ac+1jsw35cds

You are not crazy because at this stage, it is worth considering all possible reasons. The whole crowd of them seem to be clinging on like grim death to their cushy overpaid number. The only hopeful thing is that Elliott is gunning for GC as her 'strategy' (LOL) has been disastrous. It could be that it wouldn't be worthwhile at this point getting rid of the entire LT because if the company gets taken over in the imminent future, they would all be booted out anyway.

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Post ID: @a5+1jsw35cds

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