BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment ... worth less than half as much as Shell Plc. It’s even being caught by companies that were once just a fraction ...

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 ...

Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff in an internal memo Thursday. The cuts will affect some 4,700 employees ...