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BP cutting 4,700 jobs
BP announces 8,000 layoffs in global restructuring plan
BP will lay off up to 5% of its workforce worldwide, the company announced on Thursday. This move means that thousands of employees will lose their jobs. The British oil giant noted that the layoffs aim to reduce costs and rebuild investor confidence.
BP Announces Layoffs, Aims to Cut At Least $2B in Costs by 2026
BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.
BP cutting 4,700 jobs worldwide as part of cost-saving drive
U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.
9d
The list of major companies laying off staff in the new year, including Meta, Microsoft, BlackRock, and BP
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Microsoft, BlackRock, and Ally are among ...
2d
BP, which employs around 4,000 in Houston, to cut thousands of roles globally, according to reports
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
Crude Oil Prices
1d
BP Slashes Jobs, Bolsters Oil & Gas Operations
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
22h
on MSN
Texas-headquartered BP announces massive layoffs, workforce reduction
BP is not the only oil and gas company to cut its workforce. In September, Shell announced it would cut 20 percent of its ...
1d
BP Australia: Global job cuts expected to hit Australian workforce in Perth and Melbourne
Hundreds of Australian jobs could be axed at BP as the company works to slash headcount across the world. The supermajor’s ...
Hosted on MSN
2d
BP Stock Climbs On Job Cut Plans To Rein In Costs, Retail Stays Bullish
Shares of BP rose 1% on Thursday after the energy firm said it would lay off around 4,700 employees in 2025 as it aims to cut ...
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