The company said most of the job cuts would come in office-based jobs rather than in operational roles. BP said the job cuts are part of a multiyear plan to reduce costs. "We are strengthening our ...

Guidelines advise measuring blood pressure in quiet settings, but new research showed loud public spaces may be viable ...

Shri Arun Kumar Singh, Chairman and CEO, ONGC, said “By engaging a TSP, ONGC aims to realize the enhanced potential of the ...

BP announced that Auchincloss had “recently undergone a planned medical procedure from which he is recovering well”. “He will be back in the office by February. To ensure his full ...

Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions.

BP Cuts Over 5% of Workforce to Reduce Costs ... Auchincloss, who took office a year ago, will lay out his new strategy at an investor day on Feb. 26. He has already taken major steps to reverse ...

(Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the ...

but we are making strong progress as we position BP to grow as a simpler, more focused, higher-value company." It is understood the cuts will be applied to those in office-based jobs rather than ...