Texas-headquartered BP announces massive layoffs, workforce …
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions.
BP Announces Major Workforce Reduction Amidst Cost-Cutting …
Jan 16, 2025 · BP to Layoff 5% of its workers around the world. January 16, 2025 British Petroleum Plc announced to layoff more than 5% of its employees around the world, a total of …
BP to cut 4,700 jobs to reduce costs - BBC News
Jan 16, 2025 · BP employs about 16,000 people in the UK, of which about 6,000 are based in petrol and service stations, and will not be affected by the cuts. BP scales back climate targets …
BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says
Jan 16, 2025 · (Bloomberg) -- BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss …
BP cuts 5,000 jobs in wake of ex-CEO Bernard Looney scandal
Jan 16, 2025 · BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by …
BP announces 8,000 layoffs in global restructuring plan - MSN
BP employs close to 90,000 people. The staff was informed about the layoffs in an internal company memo sent via email, according to Reuters. Immediately after this information was …
BP Announces Layoffs, Aims to Cut At Least $2B in Costs by 2026
BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock. The ...
BP Eliminates Thousands Of Jobs In Cost-Cutting Effort, CEO Says
Jan 16, 2025 · BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on …
BP to cut 4,700 internal jobs and 3,000 contractor roles
Jan 16, 2025 · The internal job cuts are subject to consultation and local regulations, and 2,600 of the 3,000 contractors affected by the cuts have already left BP, the Wall Street Journal reported.
BP’s woes felt in the Bay Area as it lays off thousands globally
Jan 16, 2025 · BP PLC, once known as British Petroleum, said Thursday it will shed 5% of its global workforce in a cost-cutting move that includes shuttering its Bay Area venture arm and …
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