Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.
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The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
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.
The Supreme Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese ...
The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
NEW YORK (Reuters) -A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for ...
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.
"BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields" was originally created and published by Power ...