BP cuts over 5% of workforce to reduce costs
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Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...
BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...
BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...
The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...
“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...
BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...
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BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...
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Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...
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