Thread regarding BP PLC layoffs

Bpx Being Brought Back to Houston

Heard this from a top insider today. Thoughts? True? False?

by
| 1311 views | | 5 replies (last June 21, 2024) | Reply
Post ID: @OP+1t46Wr1D

5 replies (most recent on top)

This is true. I was in that meeting. It was related to cost cuts across the business. There is a scenario on the table where Bpx is being brought back into closer reach to BP Global.

Staff cuts at middle management levels are being looked at due to redundancy.

by
| | Reply
Post ID: @4rqn+1t46Wr1D

Yes there is: cost. So Pune makes sense. Denver is expensive though

by
| | Reply
Post ID: @1xyh+1t46Wr1D

no reason to have office in pune, where no assets located

by
| | Reply
Post ID: @1kns+1t46Wr1D

I don’t think it’s true, but it would make sense in general and financially speaking. No reason to have an office in Denver when the assets are in TX and the main BP office in the US is in Houston.

by
| | Reply
Post ID: @1yzv+1t46Wr1D

False

by
| | Reply
Post ID: @1lwx+1t46Wr1D

Post a reply

: