Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.
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.
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
BP resumed production at one of two platforms in Azerbaijan’s biggest natural gas deposit of Shah Deniz. It had stopped work ...
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BP slashing 7,700 staff and contractor positions worldwide. BP told Business Insider it plans to cut 4,700 staff and 3,000 ...
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BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...
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