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Energy Giant BP To Cut Nearly 8,000 Jobs
Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Oil giant BP axing thousands of jobs
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also said it was cutting 3,000 contractor roles and that 2,600 of those contractors had already departed.
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.
2d
on MSN
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.
1d
BP Fossella calls on Gov. Hochul to raise American flags in New York for Trump’s inauguration
House Speaker Mike Johnson, a Republican, last week ordered that flags at the U.S. Capitol be raised to their full height on ...
4d
on MSN
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
1d
on MSN
BP is said to restart Azeri natural gas platform that supplies Europe
BP resumed production at one of two platforms in Azerbaijan’s biggest natural gas deposit of Shah Deniz. It had stopped work ...
Kentucky Today
6d
SBDR, Send Relief ‘ready to respond’ to California wildfires
Webb told Baptist Press Monday that Send Relief has sent initial funds to assist in the response and has fire clean-up ...
4d
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 ...
6d
on MSN
BP delays investor day after CEO's medical procedure, sees lower Q4 upstream production
BP (NYSE:BP) -1.3% pre-market Tuesday after saying Q4 results will be hurt by lower oil and gas production, refining margins ...
4d
on MSN
Former BP agent and Texas border czar Mike Banks appointed as Trump’s Border Patrol chief
Banks has been serving as the Lone Star State’s first-ever border czar — a position created by Gov. Greg Abbott in 2023 to ...
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