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 ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
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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 ...
BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...
Banks has been serving as the Lone Star State’s first-ever border czar — a position created by Gov. Greg Abbott in 2023 to ...
The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.