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BP to cut 4,700 jobs globally
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 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.
BP to cut 4,700 jobs and 3,000 contractor roles from its global workforce
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.
BP cuts over 5% of workforce in CEO's cost cut drive
BP announced today that it will cut around 4,700 staff, or over 5% of its total workforce, as part of chief executive Murray Auchincloss' efforts to reduce costs.
BP to eliminate 4,700 internal jobs and 3,000 contractor roles to cuts costs, according to reports
BP will eliminate a total of 7,700 roles — 4,700 internal jobs and 3,000 contractor roles — to cut costs, according to reports.
BP Cutting 4,700 Jobs Worldwide as Part of Cost-Saving Drive
U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive
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 to cut 4,700 jobs to reduce costs
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 the job losses on Thursday,
BP to cut 4,700 jobs globally as part of cost-cutting drive
The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.
BP to slash 4,700 jobs in cost-cutting measures
BP is to cut 4,700 jobs and 3,000 contractor roles, as it seeks to fulfil its plan to make $2 billion (£1.6 billion) in cost-savings by the end of 2026. The jobs represent about 5 per cent of the energy company's global workforce.
24d
on MSN
BP share price to surge by 70% in 12 months!? How realistic is that forecast?
Brand new analyst forecasts predict that the BP share price could rise considerably next year! Should investors consider ...
3d
BP: The Citibank Of Oil
BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...
10d
Down 25% from its one-year traded high, is BP’s share price set to soar on new oil field developments?
BP’s share price has tracked the oil price lower this year, but I think giant new oil deals hold the prospect of huge revenue ...
2d
BP’s Resilient Financial Outlook and Strong Long-Term Production Potential Drive Buy Rating
Analyst Doug Leggate of Wolfe Research maintained a Buy rating on BP (BP – Research Report), with a price target of $50.00.Stay Ahead of the ...
The Motley Fool UK
14d
Why the BP share price fell 16% in 2024
Learn More. It’s easy to think the
BP
(LSE:
BP) share price
has been falling because oil
prices
have been heading lower. But that’s only part of the problem. Election results on both sides of ...
7d
BP projects 44% jump in oil output from India's largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...
7d
ONGC Share Price Highlights: BP projects 44% jump in oil output from India's largest field, ONGC says
Stay informed with the ONGC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a ...
1d
BP price target lowered to $30 from $31 at Wells Fargo
Wells Fargo lowered the firm’s price target on BP (BP) to $30 from $31 and keeps an Equal Weight rating on the shares. The firm is also ...
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