Oil giant BP cuts thousands of jobs to slash costs
British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to simplify” the group and improve performance, BP said in a statement.
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
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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 has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
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BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...
Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...
BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...
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