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 ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

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

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 ...

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.

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

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 ...

(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 ...

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 ...