Energy giant BP is set to cut nearly 8,000 jobs around the world, as net zero rules and tougher economic conditions put the oil and gas producer and seller under pressure. The company will ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

BP has been in a state of flux in the wake of the scandalous exit of former CEO Bernard Looney.. Looney resigned in September 2023 due to his failure to fully disclose past personal relationships ...

BP (BP) is cutting 10,000 jobs as it reels from a crash in oil prices and tries to pivot toward renewable energy. CEO Bernard Looney told employees on Monday that the oil giant would reduce its ...

NEW YORK-- Oil producer BP plans to slash more than 4,000 jobs over the next two years as oil prices plummet. BP will reduce its global upstream staff from 24,000 to "well below" 20,000 by the end ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans. The oil and gas giant will be cutting 4,700 jobs across its global workforce alongside 3,000 contractor roles.

Oil company BP is cutting some 4,000 jobs in exploration and production over the next two years amid sharp drops in the price of crude. Fox News Media Fox Business ...

BP plans to cut 10,000 jobs as the coronavirus pandemic accelerates the company’s move to slim down for the energy transition. The public health crisis has hit company earnings and forced many ...

BP's Bernard Looney, speaking in February 2020. BP’s CEO Bernard Looney today announced plans for 10,000 layoffs, equating to roughly 15% of the oil supermajor’s global workforce. The move ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost ... The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year.