BP cuts over 5% of workforce to reduce costs
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BP to cut 5% of global workforce amid cost-saving push
BP is set to lay off up to 5% of its global workforce, the company announced on Thursday. This indicates that thousands of employees will lose their jobs. The British oil giant noted that the decision aims to reduce costs and rebuild investor confidence.
BP announce plans to cut 4,700 jobs in £1.6bn cost-cutting drive
BP announce plans to cut 4,700 jobs in £1.6bn cost-cutting drive - The energy firm is aiming to save two billion US dollars across two years
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 cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company said Thursday.
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 to Cut Over 5% of Workforce in CEO Cost Cut Drive
BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor positions will also be cut,
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 ...
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BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields
UK oil and gas giant bp will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk ...
BP, which employs around 4,000 in Houston, to cut thousands of roles globally, according to reports
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
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 ...