BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors.

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.

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

In an email to staff on Thursday that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses ...

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray Auchincloss aims to simplify operations and boost returns following the ...

BP is set to reduce over 5% of its global workforce, impacting 4,700 employees and 3,000 contractor roles. The cost-cutting initiative aims to save at least $2 billion by 2026 and restore investor ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...