Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was cutting thousands of contractor roles to reduce costs.

Employees at the British oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...

BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...

British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor ...