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.
Oil giant BP axing thousands of jobs
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also said it was cutting 3,000 contractor roles and that 2,600 of those contractors had already departed.
BP cuts over 5% of workforce to reduce costs
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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 Slashes Jobs, Bolsters Oil & Gas Operations
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
BP Cuts 4,700 Internal, 3,000 Contractor Roles as It Trims Costs
The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, citing a company spokesperon.
BP Reportedly To Cuts 4,700 Jobs Or Over 5% Of Workforce
British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
BP to slash 4,700 jobs to cut costs
BP Plc is eliminating 4,700 positions internally, about 5 per cent of its workforce, and more than 3,000 contractor jobs, CEO Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.
BP to cut thousands of internal, contractor jobs, Bloomberg reports
CEO Murray Auchincloss told staff on Thursday that the company is cutting 4,700 positions internally and 3,000 contractor roles,
BP is said to restart Azeri natural gas platform that supplies Europe
BP resumed production at one of two platforms in Azerbaijan’s biggest natural gas deposit of Shah Deniz. It had stopped work ...
BP warns of fourth-quarter profit hit, postpones capital markets day
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BP to cut 5% of global workforce, mostly from office staff
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
New York City lawsuit against Exxon, BP, Shell over climate change dismissed
A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil , BP and Shell liable for misleading the public ...