BP is not the only oil and gas company to cut its workforce. In September, Shell announced it would cut 20 percent of its ...

BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...

BP employs more than 90,000 people currently, but according to CNN, that number will drop by more than 4,000 in 2025. With ...

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

BP has said it is cutting 4,700 jobs across its global workforce and 3,000 contractor roles as part of a 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.

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

BP will lay off up to 5% of its workforce worldwide, the company announced on Thursday. This move means that thousands of ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.