BP Cutting 4,700 Jobs

British Petroleum to cut 7,700 jobs to reduce costs
British Petroleum (BP) Plc has announced plans to cut about 7,700 jobs as part of its ongoing efforts to reduce costs in 2025. The company plans to cut 4,700 full-time jobs and dismiss over 3,000 contractors.
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 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, which employs around 4,000 in Houston, to cut thousands of roles globally, according to reports
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from Associated Press and Wall Street Journal.
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 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 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 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 on Thursday, as the London-based energy giant seeks to reduce costs.
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.
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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 ...
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