Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

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

British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...

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

BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock.

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.

Layoffs and other workforce reductions are continuing in 2025 ... still planned on growing its head count to about 10,000 ...

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