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 Stock Drops After Company Warns of Impairments of Up to $2 Billion in Q4
BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between ...
Spotlight on BP: Analyzing the Surge in Options Activity
From the overall spotted trades, 10 are puts, for a total amount of $520,225 and 6, calls, for a total amount of $388,944.
BP: The Citibank Of Oil
BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...
The Business Journals9d
BP’s woes felt in the Bay Area as it lays off thousands globally
CEO said the oil giant wants to be a "simpler, more focused" company, which has made numerous startup investments in the energy sector. BP PLC, once known as British Petroleum, said Thursday it ...
Reuters10d
BP cuts over 5% of workforce to reduce costs
BP shares were up 1% at 1200 GMT. Auchincloss last year said he would cut the British company's costs by at least $2 billion by the end of 2026 to boost returns and address investor concerns over ...
UPI9d
BP to cut 5% of global workforce, mostly from office staff
16 (UPI) --Petroleum giant British ... company announced. That amounts to about 5% of its total workforce. The company made the announcement in a memo to employees Thursday, CNN reported. BP ...
The Gazette10d
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.