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BP Cuts 4,700 Internal, 3,000 Contractor Roles
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.
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.
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.
BP to cut 4,700 jobs and 3,000 contractor roles from its global workforce
BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company.
BP to Cut Thousands of Jobs to Reduce Costs
BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
BP to slash 4,700 jobs globally in cost-cutting drive
BP is cutting 4,700 jobs – around 5% of its global workforce – in a bid to curb costs and boost investor confidence.
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 to cut 5% of its workforce in bid to slash costs
Oil giant BP has announced it will cut 4,700 jobs across its global workforce and 3,000 contractor roles as part of a cost-saving drive.
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. Francis Maguire reports.
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
Trinidad Express Newspapers
5m
BP cutting 4,700 jobs globally...bpTT says 'too soon' to assess local impact
BpTT says it is “too soon” to determine exactly how the plan to cut 4,700 jobs globally will impact its operations here.
4h
BP to axe 7,700 jobs as it makes major announcement
BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.
44m
on MSN
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.
6h
BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields
"BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields" was originally created and published by Power ...
2d
on MSN
BP warns of fourth-quarter profit hit, postpones capital markets day
BP said on Tuesday that lower refining margins would hurt its fourth-quarter profit by $100 million to $300 million and that ...
1d
Pressure mounts on BP chief as investor patience wanes
In the five quarters Auchincloss has presided over since becoming interim chief executive in September 2023, BP has missed ...
1d
BP CEO Auchincloss Faces a Crucial Test in Delayed Strategy Update
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
2d
on MSN
BP Expects Upstream Production to Fall On Quarter
The British oil-and-gas company on Tuesday also said its gas and low carbon energy division will be boosted by higher natural ...
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