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.
BP to Cut Thousands of Jobs to Reduce Costs
BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
BP cuts over 5% of workforce to reduce costs
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 employees and 3,
Oil Giant BP Cuts Thousands Of Jobs To Slash Costs
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.
BP announce plans to cut 4,700 jobs in £1.6bn cost-cutting drive
London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The oil giant will also remove 3,000 contractor positions, reports Reuters, having seen an internal memo letting staff know of the upcoming changes.
BP Reportedly To Cuts 4,700 Jobs Or Over 5% Of Workforce
British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of
BP Cuts 4,700 Internal, 3,000 Contractor Roles as it Trims Costs
Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.
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 ...
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 ...
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 ...
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 ...
Trinidad Express Newspapers7h
BP cutting 4,700 jobs globally...bpTT says 'too soon' to assess local impact
BpTT says it is “too soon” to determine exactly how the plan to cut 4,700 jobs globally will impact its operations here.
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 ...
BP Expects to Book Up to $2 Billion in Charges, Sees Lower Upstream Production
The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.
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Amazon Go Hires Former bp Executive
Kimberly James has joined Amazon to lead the U.S. convenience categories for its cashierless Amazon Go convenience stores, ...