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BP cutting 4,700 jobs

Hosted on MSN · 1h

BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company said Thursday.

Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide

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

The Associated Press on MSN · 31m

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.

5h

BP set to eliminate thousands of jobs in turnaround plan: CEO Murray Auchincloss

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 ...

The Independent on MSN2d

BP delays investor event as boss Murray Auchincloss recovers after medical procedure

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...

5hon MSN

BP gave a bleak outlook. Now it’s reportedly slashing jobs.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

Zacks.com on MSN1d

BP Warns of Weak Q4 Results and Delays Capital Markets Day

BP signals a weak Q4, citing lower production and refining margins, while delaying its capital markets day as the CEO ...

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