BP Energy Partners Backs Power Grid-Technology Company Smart Wires
The Dallas-based private-equity firm led a $65 million growth investment in the business.
BP Announces Major Workforce Reduction Amidst Cost-Cutting and Transition to Clean Energy
January 16, 2025 British Petroleum Plc ( NYSE:BP) announced to layoff more than 5% of its employees around the world, a total ...
BP to cut almost 8,000 jobs as net zero pressure mounts
BP is to cut nearly 8,000 jobs in the face of falling profits and rising shareholder concern over its green energy policies.
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bp to cut 5% of global workforce
Energy giant bp is cutting 5% of its global workforce to save costs. The reductions, amounting to around 4,700 jobs as well as 3,000 contractor roles, were announced in a staff memo. The company has ...
BP cuts over 5% of workforce to reduce costs
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
BP announce plans to cut 4,700 jobs in £1.6bn cost-cutting drive
London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...
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BP lays off 7.700 workers and will use AI to save 2 billion: the price of the green turn. Are we going back to oil?
The decision is the result of the strategy of the previous CEO, Bernard Looney, who had focused on offshore wind without the ...
BP to cut 4,700 jobs and 3,000 contractor roles to reduce costs
LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...
BP: Failing To Deliver During Good Times Is A Major Red Flag
BP p.l.c. faces tough times in the Energy space, with low margins. Learn why BP stock isn’t appealing and why other higher-quality stocks are preferable.