BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray ...

CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." The reductions amount to just over 5% of BP's 90,000 worldwide employees. Auchincloss’s ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

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, as the London-based ...

According to Bloomberg and Reuters and CNBC, which each cited a memo from CEO Murray Auchincloss, BP (BP) (UK:BP) is going to cut 4,700 staff jobs and another 3,000 contractor jobs. A message left ...