Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
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 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 ...
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After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff ...
LONDON (Reuters) - BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part ...
Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.
BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.
The market started 2025 with volatility, but I remain bullish due to favorable macroeconomic conditions and expected Fed rate ...
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...