BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors.
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP Cuts Over 5% of Workforce to Reduce Costs By Ron Bousso LONDON (Reuters) -BP will cut over 5% of its global workforce, it ...
BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and ...
BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...
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 ...
BP is set to reduce over 5% of its global workforce, impacting 4,700 employees and 3,000 contractor roles. The cost-cutting initiative aims to save at least $2 billion by 2026 and restore investor ...
BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray Auchincloss aims to simplify operations and boost returns following the ...
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
CEO Murray Auchincloss told staff on Thursday that the company is cutting 4,700 positions internally and 3,000 contractor roles, ...
London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...