It's my first job and I'd hate to lose it before I even properly started.
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@pw but … BL was let go …
As an experienced hand, I would say that in general, the best performers are never let go. The bottom are usually let go (and often frequent this website), and the middle are rarely sacked, although it can happen as the exception.
The reason we get paid as much as we do is because of the bo-m and bust nature of the industry. Save as much as you can. I graduated in 2009 from uni with 9 others going into our industry. We have all been laid off at least once. Everyone here knows of great workers who got let go while sc-mbags kept their job. Don't ever be complacent thinking it will never happen to you.
@ae wtf? Upstream is famously bo-m and bust, cyclical.
Drillers and wells people especially see frequent layoffs.
I’m assuming you’re working in P&O. You should assume there will be layoffs every couple of years in the industry so keep your resume updated and save save save. Live below your means and try and have 12+ months saved.
Overall the energy sector is stable and BP is hiring because it needs long term talent. But job security can vary depending on which part of the business you’re in. Upstream and the core hydrocarbons side tend to be the most stable because they generate the cash that funds everything else. Some of the newer or more experimental low carbon units can be reorganised or spun off more easily, but that’s normal in a big company, if you are contributing to the bottom line you should be fine ! which area did you join ?