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 ...
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 chief pledges strategy 'reset' as annual profit dips below $9B
Chief executive of British energy major BP Murray Auchincloss pledged on Tuesday to fundamentally 'reset' the company's ...
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 ...
Yahoo Finance1mon
Even a big oil company is laying off thousands to cut 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 in an internal memo Thursday. The cuts will affect some 4,700 employees ...
BP Earnings Hit 4-Year Low. How Elliott Stake News Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
WPLG1mon
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 ...
FTSE 100 Live 11 February: BP results, blue-chip index seen lower
BP chief executive Murray Auchincloss today promised a new direction for the oil giant ahead of a strategy update due later ...