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BP to cut 5% of global workforce
BP cuts over 5% of workforce to reduce costs
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Texas-headquartered BP announces massive layoffs, workforce reduction
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions. The oil and gas giant said in an internal memo sent to employees that the organization is aiming to reduce costs by at least $2 billion by the end of 2026.
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
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 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 to cut 5% of global workforce, mostly from office staff
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday. That amounts to about 5% of its total workforce.
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 Cuts 4,700 Internal, 3,000 Contractor Roles as it Trims Costs
Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.
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BP warns of fourth-quarter profit hit, postpones capital markets day
The Supreme Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese ...
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on MSN
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor ...
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