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.
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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U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive ...
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...
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 ...