Marc Filippino

Microsoft cut more than 15,000 jobs last year.

BP didn't get a ton of love at the oil majors annual meeting yesterday.

Management put forward two special resolutions for shareholders to vote on.

They both failed by a long shot.

BP is facing mounting pressure from activist investors and pension funds after it moved away from renewable energy last year.

The FT's Malcolm Moore was at the meeting and he joins me now.

Hey, Malcolm.

Hi, Mark.

So tell us about these two failed resolutions.

Okay, so not great.

Malcolm, you were at this meeting, can you tell me about the atmosphere?

I want to go back to the Dutch activist investor called Follow This and the concern that they raised.

You know, it's unclear if BP's oil and gas business can thrive right now.

Tell me more about that.

If they were to go back to renewables a year after ditching that approach, wouldn't it be hard for BP to define itself going forward and really have any stability or momentum behind its plan of action?

That's the FT's energy editor, Malcolm Moore.

Thanks, Malcolm.

Thanks, Mark.

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