Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

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Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told ...

The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.

BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

NEW YORK (Reuters) -A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for ...

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

Read here for BPT Trustee's forced termination article, predicting potential equity wipeout and near term price target of ...

The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.