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.

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff ...

British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of ...

UK supermajor said it told staff on Thursday that it plans to make the cuts this year, and will also remove 3000 contractor ...

Learn about BP's cost-saving initiative and the significant job cuts it entails. Discover how this decision will affect the ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

BP is set to reduce over 5% of its global workforce, impacting 4,700 employees and 3,000 contractor roles. The cost-cutting ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

-- British oil-and-gas giant BP will cut 4,700 internal roles and 3,000 contractor positions as part of cost cutting measures, Bloomberg reports, citing an email sent to employees by Chief Executive ...