BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a ...

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff in an internal memo Thursday. The cuts will affect some 4,700 employees ...

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

In an email to staff on Thursday that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." The reductions ...