More cost-cutting efforts are planned this year and beyond, CEO Murray Auchincloss said, and the company has stopped or ...

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

-- British oil-and-gas giant BP will cut 4,700 internal roles and 3,000 contractor positions as part of cost cutting measures, Bloomberg reports, citing an email sent to employees by Chief Executive ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, in order to reduce costs. BP has also told ...

BP announced on Thursday (Jan 16) that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of ...

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its share price.

BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on ...

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 ...

British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...