BP Pledges Strategy Reset as Annual Profit Falls by a Third
(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...
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 ...
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 ...
The Business Journals1mon
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 ...
Newsday29d
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." The reductions ...