BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
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BP to cut 5% of global workforce, mostly from office staff
The BBC also reported that of the 16,000 BP employees in the U.K., 6,000 of them work in gas and service stations, and they would not lose their jobs. The company said most of the job cuts would ...
BP to cut 4,700 jobs and 3,000 contractor roles from its global workforce
BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as last ...