Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
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BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...
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BP p.l.c. faces tough times in the Energy space, with low margins. Learn why BP stock isn’t appealing and why other higher-quality stocks are preferable.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
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London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...