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Energy Giant BP To Cut Nearly 8,000 Jobs

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.

CNN on MSN · 2h

Oil giant BP axing thousands of jobs

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year.

The Associated Press on MSN · 3h

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 warns of weak 4th-quarter profits

BP warns of fourth-quarter profit hit, postpones capital markets day

BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss.

The Times of Northwest Indiana · 17h

BP warns of weak fourth-quarter profits

BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading. The London-based energy giant, whose largest refinery worldwide is the BP Whiting Refinery on Lake Michigan,

GlobalData on MSN · 1d

BP expects weaker Q4 2024 performance, reschedules capital markets day

BP expects lower production in the upstream segment in the fourth quarter (Q4) compared with Q3, affecting both oil production and operations and gas and low-carbon energy.

4hon MSN

BP Cuts 4,700 Internal, 3,000 Contractor Roles as it Trims Costs

Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.

13m

BP rises Thursday, outperforms market

Shares of BP PLC BP rallied 1.37% to £4.29 Thursday, on what proved to be an all-around favorable trading session for the ...

Convenience Store News2d

Amazon Go Hires Former bp Executive

Kimberly James has joined Amazon to lead the U.S. convenience categories for its cashierless Amazon Go convenience stores, ...

Hosted on MSN2d

BP top 101 prospect list has three Rangers

Baseball Prospectus has released their top 101 prospect list for the 2025 season, and the Texas Rangers have three prospects ...

1don MSN

Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says

Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, ...

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