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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.
19h
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.
2d
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 ...
3h
on MSN
£10k invested in BP shares 10 years ago is now worth…
BP shares are known for their big dividends, but has the stock rewarded long-term shareholders? Roland Head's crunched the ...
1d
on MSN
BP to cut 5% of global workforce, mostly from office staff
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
1d
BP rises Thursday, outperforms market
Shares of BP PLC BP rallied 1.37% to £4.29 Thursday, on what proved to be an all-around favorable trading session for the ...
23h
BP price target raised to $37 from $36 at Raymond James
Raymond James raised the firm’s price target on BP (BP) to $37 from $36 and keeps an Outperform rating on the shares. Despite the volatile ...
City & State New York
13h
Manhattan elected officials are starting to pick their BP candidates
State Sen. Brian Kavanagh and Assembly Member Grace Lee are backing state Sen. Brad Hoylman-Sigal, while Council Member Diana ...
11h
on MSN
HT Archives: 50% vote in Delhi’s first ever legislative assembly elections
Delhi's 1952 assembly elections saw 350,000 voters, mostly rural and working-class, participating. Polling was low in New ...
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