BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors.

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company said ...

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

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

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost-cutting efforts planned for this year and beyond, the CEO said. The job ...

BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...

BP is to cut nearly 8,000 jobs in the face of falling profits and rising shareholder concern over its green energy policies.