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.
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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 ...
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 ...
Why is BP, the British oil giant, cutting thousands of jobs?
British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...
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Tag: British Petroleum
British Petroleum has agreed with Argentina's Bridas Corporation to form a new integrated energy company by combining their interests in the oil and gas producer Pan American Energy and the ...
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...
The Business Journals10d
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 ...
Daily Express10d
BP announces job cuts of 4,700 in major bid to cut costs
BP has said it is cutting 4,700 jobs across its global workforce and 3,000 contractor roles as part of a cost-saving drive across the company. Just over 5% of its 90,000 worldwide employees will ...