BP to cut 5% of global workforce, mostly from office staff
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
BP’s woes felt in the Bay Area as it lays off thousands globally
BP is one of many companies with venture arms investing in the Bay Area. Where they put their money can signal a larger corporate strategy.
BP cuts over 5% of workforce to reduce costs
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BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
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Oil giant BP axing thousands of jobs
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
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BP postpones capital markets event as its chief executive has undergone a 'planned medical procedure'
BP revealed its fourth quarter 2024 upstream production is expected to be lower and said its chief executive is "recovering ...
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.
Why is BP, the British oil giant, cutting thousands of jobs?
British multinational oil and gas company BP announced on Thursday that it would reduce its workforce by thousands as part of ...
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.
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BP cuts over 5% of workforce to reduce costs
LONDON (Reuters) -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.