Rumors are flying that on August 3 there is going to be some kind of announcement of the finishing touches of the organizational change but with resulting layoffs. Hopefully just the PIPs will be let go?
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What field/s will BPX divest? If it don’t divest and simplify the Red Queen just gets faster…you thought smooth sailing for the next decade? Nope…every 16 months a reorganization and new initiatives…to create stress and create fiefdoms…just think of what management of thousands of semi marginal wells looks like…is this bp wheelhouse?