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

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

Its 15,000-strong UK workforce will be among those hit hard by the cuts. Murray Auchincloss, BP’s chief executive, has vowed to cut costs by the end of 2026 as part of his drive to boost returns ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors.

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

In an email to staff late last week viewed by the AP, bp CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year.” The reductions amount to just ...

“I understand and recognise the uncertainty this brings for everyone whose job may be at risk, and also the effect it can have on colleagues and teams” - BP boss Murray Auchincloss Did you ...

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief executive Murray Auchincloss told staff on Jan 16 as the London-based ...

It comes as BP chief executive Murray Auchincloss puts the emphasis on oil and gas to boost profits, scaling back on the group’s key climate targets since taking the helm a year ago.

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 ...