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BP Cuts 4,700 Internal, 3,000 Contractor Roles
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 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.
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 Eliminates Thousands of Jobs in Cost-Cutting Effort, CEO Says
BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.
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. Around 4,700 employees and 3,
BP to Cut Over 5% of Workforce in CEO Cost Cut Drive
LONDON (Reuters) - BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs.
Why is BP, the British oil giant, cutting thousands of jobs?
British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a cost-cutting initiative.
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, which employs around 4,000 in Houston, to cut thousands of roles globally, according to reports
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from Associated Press and Wall Street Journal.
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
2h
BP rises Thursday, outperforms market
Shares of BP PLC BP rallied 1.37% to £4.29 Thursday, on what proved to be an all-around favorable trading session for the ...
9h
BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...
8h
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.
1h
on MSN
Former BP agent and Texas border czar Mike Banks appointed as Trump’s Border Patrol chief
Banks has been serving as the Lone Star State’s first-ever border czar — a position created by Gov. Greg Abbott in 2023 to ...
2d
BP Expects to Book Up to $2 Billion in Charges, Sees Lower Upstream Production
The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.
Flightglobal
3d
CHC Helikopter Service wins $500m Aker BP deal in Norway
CHC Helikopter Service is to deploy six helicopters - including three on-order Leonardo AW189s - to support a new offshore ...
Convenience Store News
3d
Amazon Go Hires Former bp Executive
Kimberly James has joined Amazon to lead the U.S. convenience categories for its cashierless Amazon Go convenience stores, ...
15h
on MSN
New York City lawsuit against Exxon, BP, Shell over climate change dismissed
A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public ...
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