Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
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BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...
U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.
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BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray ...
London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...
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Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...
BP is set to reduce over 5% of its global workforce, impacting 4,700 employees and 3,000 contractor roles. The cost-cutting ...
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