BP to cut 4,700 jobs and 3,000 contractor roles to reduce costs
LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...
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BP Slashes Jobs, Bolsters Oil & Gas Operations
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Oil giant BP cuts thousands of jobs to slash costs
British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to ...
BP to slash 8,000 jobs in bid to save £1.6bn: Axe falls as boss waters down its green targets
Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...
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BP and Iraq sign deal for Kirkuk redevelopment
Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...
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BP beats Shell; to operate ONGC's Mumbai High fields
BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output ...
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BP Slashes Workforce: A Strategic Move to Cut Costs and Regain Investor Confidence
BP is set to reduce over 5% of its global workforce, impacting 4,700 employees and 3,000 contractor roles. The cost-cutting ...
Texas-headquartered BP announces massive layoffs, workforce reduction
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.