BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

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 ...

CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." The reductions amount to just over 5% of BP's 90,000 worldwide employees. Auchincloss’s ...