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

CEO Murray Auchincloss informed employees in an email on Thursday, which was reviewed by The Associated Press, that these job cuts will account for a significant portion of the anticipated ...

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

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief executive Murray Auchincloss told staff on Jan 16 as the London-based ...

Its 15,000-strong UK workforce will be among those hit hard by the cuts. Murray Auchincloss, BP’s chief executive, has vowed to cut costs by the end of 2026 as part of his drive to boost returns ...

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

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. The sprawling energy producer has ...

In an email to staff on Thursday that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." The reductions ...

Murray Auchincloss, chief executive of BP — Eni’s partner in Azule Energy which has a major stake in PEL 85 — was also pretty bullish last year, telling analysts that the prospectivity of ...

The oil giant said: “Mr Auchincloss has recently undergone a planned medical procedure from which he is recovering well. “He will be back in the office by February.” Its capital markets ...

In an email to staff late last week viewed by the AP, bp CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year.” The reductions amount to just ...