BP is cutting 4,700 jobs – around 5% of its global workforce – in a bid to curb costs and boost investor confidence.

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

Utility companies are responsible for fewer wildfires than those started by human activity, but still tend to be more destructive. According to researchers at University of California, Berkeley, ...

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

BP will cut over 5 per cent of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to ...

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief ...

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000.

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 ...

Oil giant BP has announced it will cut 4,700 jobs across its global workforce and 3,000 contractor roles as part of a ...

British oil giant BP, once seen as a leader in the energy transition, is scaling back its ambitions, leaving its capital ...

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 ...

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