BP cuts over 5% of workforce to reduce costs
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BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor ...
BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...
Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...
KEY TAKEAWAYS BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book ...
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