BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant said: “Mr Auchincloss has recently undergone a planned medical ...

Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a medical procedure as it signalled weaker end-of-year trading. Its ...

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 ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

The company also said 3,000 contractor positions would be cut too. However, in an email to staff, BP CEO Murray Auchincloss said around 2,600 of those contractors "had left the business already." ...

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 ...

(Bloomberg) -- BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday ...

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 ...

Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British ...

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 ...