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BP to shed 4700 jobs as part of cost-cutting drive

UK supermajor said it told staff on Thursday that it plans to make the cuts this year, and will also remove 3000 contractor roles.

BP chief executive Murray Auchincloss speaks to S&P Vice Chair Daniel Yergin at the CERAWeek by S&P Global event in Houston in March 2024.
BP chief executive Murray Auchincloss speaks to S&P Vice Chair Daniel Yergin at the CERAWeek by S&P Global event in Houston in March 2024.Photo: CERAWEEK BY S&P GLOBAL
London
Published 16 January 2025, 12:49Updated 16 January 2025, 16:54
BPMurray AuchinclossEuropeWestern Europe