Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
BP p.l.c. faces tough times in the Energy space, with low margins. Learn why BP stock isn’t appealing and why other higher-quality stocks are preferable.
Harvey Jones has taken advantage of the slump in the BP share price to pile into this FTSE 100 oil and gas giant. But there's a risk that he's making a big mistake. The post Have I called the BP share ...
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The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
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, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...
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London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...