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

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

BP slashing 7,700 staff and contractor positions worldwide. BP told Business Insider it plans to cut 4,700 staff and 3,000 ...

Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

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

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

The BP share price has gained 13% over the past few weeks. Christopher Ruane considers why and explains his long-term plan as ...

The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...