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 said it will cut 4,700 internal and 3,000 contractor roles in a bid to cut costs. Employees at the British oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive ...
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP (BP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month ...
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.
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
British energy giant BP on Thursday said it would axe 4 700 staff jobs and is cutting thousands of contractor roles to reduce costs.
BP has said it will cut 4,700 jobs across its global workforce and 3,000 contractor roles after it stopped or paused 30 projects since 2024. The company did not disclose how many people were affected ...
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