BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

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BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a ...

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray ...

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, the chief executive of BP, last year vowed to cut costs by $2bn by the end of 2026 - Aaron M. Sprecher/Bloomberg BP is to cut nearly 8,000 jobs in the face of falling profits ...