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 Layoffs Announced in Pursuit of $2 Billion in Savings - The HR …
2 days ago · The BP layoffs are expected to affect 4,700 workers of the overall 90,000 individuals who are employed at the organization globally. The company announced its intention to go on a cost-cutting mission last year, with an aim to simplify the business significantly by the end of 2026, so the news of the job cuts doesn’t come as a surprise. ...
Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide - Forbes
6 days ago · Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...
BP cuts 5,000 jobs in wake of ex-CEO Bernard Looney scandal
6 days ago · Around 4,700 employees and 3,000 contractor positions will be cut this year from a workforce of around 90,000, according to an an internal memo seen by Reuters. BP shares were up 1% in morning...
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 told staff on Thursday...
BP Announces Major Workforce Reduction Amidst Cost-Cutting …
6 days ago · 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 4,700 jobs, and 3,000 roles ...
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 as profits hit record.
Read BP boss's letter to staff announcing thousands of job cuts in …
6 days ago · An icon of a desk calendar. An icon of a circle with a diagonal line across. An icon of a block arrow pointing to the right. An icon of a paper envelope. An icon of the Facebook "f" mark. An icon ...
BP to cut 4,700 jobs and 3,000 contractor roles to reduce costs
6 days ago · The job cuts come days after BP announced it was delaying February’s strategy update and relocating it to London from New York to give him more time to recover from a medical procedure.
Economy alert: BP announces plan to slash 4,700 jobs as CEO cuts …
Jan 16, 2025 · BP has announced plans to axe more than 4,700 jobs as part of its latest restructuring plans in a blow to the economy. The oil industry giant is slashing over five per cent of its global total workforce as part of CEO Murray Auchincloss' wider …
- Some results have been removed
Skip to content