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 ...
BP CEO pledges 'fundamental reset' as Q4 profit drops 60%
BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...
BP outlines strategic reset with focus on refining improvements and upstream growth in 2025
Q4 2024Management ViewCEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new ...
Reuters29d
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 ...
The Business Journals29d
BP plans to cut roughly 5% of its workforce this year amid simplification programs
In an internal letter from CEO Murray Auchincloss to staff on Jan. 16, Auchincloss said that due to transformational programs across the business, BP expects about 4,700 jobs to be impacted by ...
WPLG29d
BP cutting 4,700 jobs worldwide as part of cost-saving drive
In an email to staff on Thursday that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." Recommended ...