Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP is a victim of wishful thinking on fossil fuels
Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...
BP cuts over 5% of workforce to reduce costs
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
BP to slash 8,000 jobs in bid to save £1.6bn: Axe falls as boss waters down its green targets
Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...
BP to cut 4,700 jobs and 3,000 contractor roles to reduce costs
LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...
BP to Lay Off 4,700 Employees and 3,000 Contractors to Cut Costs and Rebuild Investor Confidence
British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...
BP to axe 4,700 jobs globally amid cost-cutting drive
BP will cut 4,700 jobs across its global workforce and 3,000 contractor roles, as part of a cost-saving drive. The company ...
D-Day looms for BP boss as oil giant trails its rivals
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
BP cutting 4,700 jobs worldwide as part of cost-saving drive
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 ...
BP to cut 4,700 jobs globally as part of cost-cutting drive
The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.
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BP cuts over 5% of workforce to reduce costs
BP will cut over 5% of its global workforce, it said yesterday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 ...