Oil giant’s boss introduces cost-cutting measures as Britain moves away from fossil fuels BP is to cut nearly 8,000 jobs in the face of falling profits and rising shareholder concern over its ...

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans. The oil and gas giant will be cutting 4,700 jobs across its global workforce alongside 3,000 contractor roles.

LONDON, Jan 16 (Reuters) - 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 BP is to cut 4,700 jobs from its workforce across the globe and 3,000 from its contractor, making a total of 7,700. The company employs some 90,000 employees worldwide. Its chief ...

BP will still publish its fourth-quarter and full-year results as planned on Feb. 11. Auchincloss is expected at the capital markets event to unveil his strategy for the company, after sharply ...

Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British firm, which has a global workforce of about 90,000 people, confirmed ...