BP to Cut Over 5% of Workforce

BP Announces Major Workforce Reduction Amidst Cost-Cutting and Transition to Clean Energy
January 16, 2025 British Petroleum Plc ( NYSE:BP) announced to layoff more than 5% of its employees around the world, a total of 4,700 jobs, and 3,000 roles from its contractors. It is part of the cost-reduction plans that initiated in 2023, the plan is to cut $2 billion in costs by the end of 2026 and workforce reduction is part of the plan.
BP to cut over 5% of workforce in CEO cost cut drive
BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce
Oil giant BP axes thousands of jobs in costs cut drive
British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of contractor roles to
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 announce plans to cut 4,700 jobs in £1.6bn cost-cutting drive
London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The oil giant will also remove 3,000 contractor positions, reports Reuters, having seen an internal memo letting staff know of the upcoming changes.
BP eliminará el 5% de su personal para reducir costos, dice CEO
BP Plc eliminará 4.700 puestos internos, alrededor del 5% de su fuerza laboral, y más de 3.000 empleos de contratistas, comunicó el director ejecutivo, Murray Auchincloss, al personal el jueves, como parte de los esfuerzos del gigante energético con sede en Londres por reducir costos.
Oil Giant BP To Cut Thousands Of Jobs To Slash Costs
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 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
Oil giant BP axing thousands of jobs
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 this year.
BP cuts over 5% of workforce to reduce costs
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. Around 4,700 employees and 3,
One of the world's biggest oil companies is cutting thousands of jobs
BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on Thursday.
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Oil giant British Petroleum to lay off 4,700 employees
Along with this, BP also plans to cut 3,000 contractors. The company currently employs some 87,800 people globally. The lay ...
Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
BP Eliminates Thousands of Jobs in Cost-Cutting Effort, CEO Says
BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff ...
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BP cutting 4,700 jobs globally...bpTT says 'too soon' to assess local impact
BpTT says it is “too soon” to determine exactly how the plan to cut 4,700 jobs globally will impact its operations here.
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