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.
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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.
Executives from TravelCenters America (TA) and BP held a ribbon cutting for the two companies' first DC fast charging hub in ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
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 ...
In November 2023, London-based BP PLC (NYSE: BP) announced plans to acquire the remainder of Lightsource BP, which had been a ...
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
BP also has pulled back from a number of renewable energy projects, and according to media reports, abandoned a previous plan ...
BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...