The move piles pressure on boss Murray Auchincloss to focus on fossil fuels and cut investment in renewables. BP reports fourth quarter results today and is preparing for a highly anticipated ...

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 ...

The company also said 3,000 contractor positions would be cut too. However, in an email to staff, BP CEO Murray Auchincloss said around 2,600 of those contractors "had left the business already." ...

BP will cut over 5% of its global workforce, it said yesterday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 ...

BP CEO Murray Auchincloss, appointed in January last year, has struggled to reverse the company's underperformance. Expectations Elliott's acquisition of a stake will spur reform on Monday drove ...

In 2025, Looney’s own successor Murray Auchincloss may examine the cards he’s been dealt and conclude that a more apt slogan for the $85 billion group is “Best Partitioned”. Auchincloss ...

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London ...

“I understand and recognise the uncertainty this brings for everyone whose job may be at risk, and also the effect it can have on colleagues and teams” - BP boss Murray Auchincloss Did you ...

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 ...