BP to cut 4,700 jobs and 3,000 contractor roles to reduce costs
LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief executive officer (CEO) Murray Auchincloss told staff on Jan 16, as the London-based energy giant seeks to reduce costs.
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
Oil giant BP cuts thousands of jobs to slash costs
British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to simplify” the group and improve performance, BP said in a statement.
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 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 Eliminate About 5% of Workforce to Cut Costs, CEO Says
BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.
BP Cuts Over 5% of Workforce to Reduce Costs
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 employees and 3,
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,
Texas-headquartered BP announces massive layoffs, workforce reduction
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.
New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed
NEW YORK (Reuters) -A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for ...
Hoodline19h
Manhattan Court Dismisses NYC Greenwashing Lawsuit Against ExxonMobil, BP, and Shell
NYC's lawsuit against ExxonMobil, BP, and Shell for greenwashing has been dismissed by a state Supreme Court judge.
Crude Oil Prices3h
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 to slash 8,000 jobs in bid to save £1.6bn: Axe falls as boss waters down its green targets
Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...
Upstream8h
BP and Iraq sign deal for Kirkuk redevelopment
Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...
rediff.com9d
BP beats Shell; to operate ONGC's Mumbai High fields
BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output ...
BP forced to delay crucial investor meeting as boss recovers from surgery
The FTSE 100 oil giant said it has delayed next month's Capital Markets Day to allow chief exec Murray Auchincloss (pictured) ...