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 (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray ...
Cuts come as BP spins off its offshore wind business into new joint venture and reduces renewable energy investments ...
BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...
BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
BP announced today that it will cut around 4,700 staff, or over 5% of its total workforce, as part of chief executive 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 ...
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...