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.
UK supermajor said it told staff on Thursday that it plans to make the cuts this year, and will also remove 3000 contractor ...
BP (NYSE:BP) will cut more than 5% of its global workforce, CEO Murray Auchincloss told staff on Thursday, as the company ...
BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.
Following this declaration of ire against BP, he delineates why this is the case. “Because when you’re at the fuel station, you always have to put the black handle for diesel. Don’t confuse the green ...