BP cuts over 5% of workforce to reduce costs
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BP to slash thousands of jobs in cost-cutting moveBritish Petroleum, the U.K.-based oil and gasoline company commonly known as BP, is cutting nearly 5,000 jobs across the ...
Along with this, BP also plans to cut 3,000 contractors. The company currently employs some 87,800 people globally. The lay ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Shares of BP PLC BP rallied 1.28% to £4.34 Friday, on what proved to be an all-around favorable trading session for the stock ...
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Touching on the ongoing challenges between Baghdad and the Kurdistan Regional Government (KRG), Hussein noted, “Before we ...
British oil major BP said on Tuesday that it expects its fourth-quarter upstream production to be lower than the third ...
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