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BP announces 8,000 layoffs in global restructuring planBP employs close to 90,000 people. The staff was informed about the layoffs in an internal company memo sent via email, according to Reuters. Immediately after this information was released, BP's ...
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Boeing are ...
BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock.
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
He said BP will undergo reviews across all departments before laying off employees. The company currently employs around 90,000 people worldwide. The breakdown of the job cuts has not been ...
BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...
BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...
BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock. The ...
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