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BP to Cut Over 5% of Workforce
Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP cutting 4,700 jobs worldwide as part of cost-saving drive
U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive. In an email to staff on Thursday that has been seen by The Associated Press,
BP to Cut Over 5% of Workforce in CEO Cost Cut Drive
LONDON (Reuters) - BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs.
7h
BP, which employs around 4,000 in Houston, to cut thousands of roles globally, according to reports
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
7h
BP rises Thursday, outperforms market
Shares of BP PLC BP rallied 1.37% to £4.29 Thursday, on what proved to be an all-around favorable trading session for the ...
6h
on MSN
Former BP agent and Texas border czar Mike Banks appointed as Trump’s Border Patrol chief
Banks has been serving as the Lone Star State’s first-ever border czar — a position created by Gov. Greg Abbott in 2023 to ...
12h
BP to axe 7,700 jobs as it makes major announcement
BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.
7h
BP call volume above normal and directionally bullish
Bullish option flow detected in BP (BP) with 15,808 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 31.60%. Feb-25 ...
13h
BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...
16h
Durham police arrest man linked to armed robberies at Shoe Show and BP Station
Durham police have arrested and charged a man Wednesday in connection with multiple business robberies. Tyler Ussery was ...
8h
on MSN
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
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