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One of the world's biggest oil companies is cutting thousands of jobs
BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on Thursday.
BP Eliminates Thousands of Jobs in Cost-Cutting Effort, CEO Says
BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.
BP axes 4,700 jobs in cost-cutting drive
BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its share price. The energy company also plans to cut the number of contractors it uses by 3,
Oil major BP to cut thousands of jobs in cost-cutting drive
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, citing a company spokesperon.
BP to cut 5% of its workforce in bid to slash costs
Oil giant BP has announced it will cut 4,700 jobs across its global workforce and 3,000 contractor roles as part of a cost-saving drive.
2h
on MSN
Kristi Noem is Trump’s pick to run DHS. But that doesn’t mean she'd be in charge of one of its most important jobs.
Noem's role as Homeland Security secretary is expected to be more limited in scope than her predecessors’, sources familiar ...
12h
When Harvard MBAs Can’t Find Jobs: How the Job Market Has Changed
A Harvard MBA, in particular, has long been synonymous with unshakable job security, sky-high salaries, and limitless ...
17h
The 15 fastest-growing jobs in the US, according to LinkedIn
From AI engineers and consultants to physical therapists, these are the careers that are quickly gaining popularity in 2025.
2h
on MSN
What is Anduril? What to know about the defense tech company bringing 4,000 jobs to Ohio
Anduril Industries, a tech company that makes defense products, is headed to Ohio, the state announced Thursday.
16h
TikTok Says Employees Will Have Jobs Even if Ban Takes Effect
The company is awaiting a decision over the constitutionality of a new law that aims to force a sale of the app to a ...
9h
on MSN
Even Harvard M.B.A.s Are Struggling to Land Jobs
The latest crop of elite business-school graduates is taking months to find new jobs.
2d
on MSN
US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study
The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's ...
1d
Why Oil Industry Jobs Are Down, Even With Production Up
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
17h
British Retailers To Raise Prices And Cut Jobs In Response To Payroll Tax Hike
Britain’s largest retailers are warning that higher taxes and employment costs are pushing them to raise their prices and ...
2d
on MSN
Goldman Sees ‘Modest Drag’ on US Jobs From California Wildfires
Deadly wildfires in Los Angeles County will likely result in only a “modest drag” on US jobs growth, even as the blazes shape ...
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