British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

British energy giant BP on Thursday said it would axe 4,700 staff jobs and cut thousands of contractor roles as it slashes costs.

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000.

Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, in order to reduce costs. BP has also told ...

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 ...

LONDON (Reuters) - BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part ...

BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its share price.