BP will axe 1,500 jobs and 1,200 contractor positions as it uncovers its biggest oil reserves in 25 years.
Raluca Ioana Draghici
.webp)
Economy
www.shutterstock.com
Always see our news on Google
Energy giant BP has announced that it will cut 1,500 jobs and 1,200 contractor positions in light of a global workforce review. It comes amid a significant oil and gas discovery, the biggest in 25 years. Half-year profits fell by almost a third and BP is facing pressure from shareholders to increase profits and cut costs. The company is working on a $5 billion cost-cutting plan through 2027 and has announced it will divest assets worth $20 billion.
Sources
BP anunță mii de concedieri în ziua în care a avut cea mai mare descoperire de petrol din ultimii 25 de ani
Gigantul britanic din industria energiei BP va concedia încă 6.200 de oameni, în a doua restructurare din acest an
Gigantul britanic din industria energiei BP va concedia încă 6.200 de oameni, în a doua restructurare din acest an
Latest News
13:54
Marine drone destroyed near Neptun Deep / MapN clarifications
13:52
A man and a woman are accused of stealing jewelry and gold coins worth 150,000 lei from the home of a 70-year-old woman.
13:37
Romeo Lungu, following the decision of Mayor Constantin Toma to run as an independent: "2028 will be the moment when this election will be tested by vote"
13:24
Marian Godină announces that he has resigned from the Romanian Police
13:13
Daniel Buda, PNL leader, categorically excludes collaboration with PSD: "We will not support a government controlled by PSD"
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
