British Petroleum, the U.K.-based oil and gasoline company commonly known as BP, is cutting nearly 5,000 jobs across the ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
Along with this, BP also plans to cut 3,000 contractors. The company currently employs some 87,800 people globally. The lay ...
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
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 ...
Kepler Capital analyst Bertrand Hodee maintained a Hold rating on BP p.l.c. (BP – Research Report) on January 17 and set a price target of ...
British oil major BP said on Tuesday that it expects its fourth-quarter upstream production to be lower than the third ...