Trinidad and Tobago’s largest natural gas producer bpTT has confirmed as many as 149 people were either severed from the organisation or took voluntary separation packages between September and November as the company completed its restructuring.
In a news release, bpTT said while its ‘frontline staff’ was not impacted its office based roles were reduced by 25 percent globally.
T&T saw 149 people leave the organisation. “We have completed the process of notifying employees of the outcome of the restructuring. As a result of this exercise, 149 employees will exit bp’s Trinidad business on a voluntary or involuntary basis. The majority of exits will occur in January 2021.” the release read.
The company continued; “We are deeply saddened that we are unable to take all of our employees with us on our journey as we reinvent bp. The global environment and the changing energy demands have required us to make fundamental changes to how we are structured and to our operating model and sadly, that means we will be saying farewell to some of our colleagues and friends. We are committed to treating our employees who are leaving with the utmost respect, care and dignity throughout the process and are doing all that we can to prepare them as they leave our company. We are also providing ongoing support to all staff through our employee assistance programme.”
bpTT revealed that while it was saying farewell to some of its employees, this process has created new
opportunities for many nationals who will now be assuming new roles in bp.
It said: “Approximately 47 employees have been assigned to roles that support operations outside of Trinidad and Tobago. Some of those roles will be based in Trinidad and some will be international assignments. This is a testament to the quality of the talent that has been nurtured and developed in bpTT.”
bpTT assured that the organisational changes will not affect any of its already sanctioned projects and activities in Trinidad. Those projects will continue as planned the company said and it remain committed to developing its gas resources, while at the same time progressing opportunities to decarbonize gas value chains and develop new, low-carbon businesses, in service of bp’s new purpose and ambition.
bpTT added that it remains committed to the development of its people and to contributing to the broader development of Trinidad and Tobago.