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 to cut 5 percent of its global workforce, mostly from its office staff
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
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BP cutting 4,700 jobs worldwide as part of cost-saving drive
BP also has pulled back from a number of renewable energy projects, and according to media reports, abandoned a previous plan to cut oil and gas output by 40% by 2030. Auchincloss, however ...