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 to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields" was originally created and published by Power ...

The energy giant employs around 14,000 workers in the UK, although there’s no information as yet as to how many British ...

BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...

BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.

Oil and gas giant BP Plc BP is reducing its workforce by 4,700 positions, which accounts for 5% of its employees, and eliminating more than 3,000 contractor jobs. The oil giant aims to streamline its ...