BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
devdiscourse3d
BP's Strategic Overhaul Amidst Falling Profits
BP CEO Murray Auchincloss announced plans to fundamentally revise BP's strategy after the company reported a 35% drop in ...
BP CEO pledges 'fundamental reset' as Q4 profit drops 60%
BP (NYSE:BP) -1% in pre-market trading Tuesday as the company pledges to lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital markets day on ...
Reuters1mon
BP cuts over 5% of workforce to reduce costs
LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...
devdiscourse3d
BP's Strategic Shake-Up: Navigating Lower Profits and Investor Pressure
Murray Auchincloss, BP's CEO, plans a strategic overhaul following a significant 35% drop in annual profits, partly driven by Elliott Investment Management's stake and rising pressures. BP's profit ...
New York Post29d
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 ...
Yahoo Finance29d
BP cuts over 5% of workforce to reduce costs
STORY: BP will cut more than 5% of its global workforce. The energy giant made the announcement Thursday. Its part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence.