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 ...

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 ...

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

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

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

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

LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a ...

Murray Auchincloss, the chief executive of BP, last year vowed to cut costs by $2bn by the end of 2026 - Aaron M. Sprecher/Bloomberg BP is to cut nearly 8,000 jobs in the face of falling profits ...

(Bloomberg) -- 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. The sprawling energy ...