BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Hosted on MSN27d
Texas-headquartered BP announces massive layoffs, workforce reduction
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions.
The Business Journals29d
BP plans to cut roughly 5% of its workforce this year amid simplification programs
BP, which has its U.S. headquarters in Houston, is working on cutting $2 billion in costs by the end of 2026. BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce ...
Convenience Store News2d
bp Expects Lower Customer Volumes, Fuel Margins in First Quarter
In the first quarter of 2025, Chicago-based bp expects seasonally lower volumes in customers and fuel margins to remain ...
The Business Journals24d
Thorntons Inc. parent BP to cut jobs
The Store Support Center for bp is located in the former Thorntons' headquarters in East Louisville near the Old Henry Road exit off the Gene Snyder Freeway. Expand to read more Christopher Fryer ...
New York Post28d
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
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 ...
Business Insider29d
One of the world's biggest oil companies is cutting thousands of jobs
The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...