BP cuts over 5% of workforce to reduce costs
January 16, 2025
(Yahoo Finance) – Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British firm, which has a global workforce of about 90,000 people, confirmed the job losses on Thursday, but has not said how many roles will be affected in each country it operates in.
