Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...
LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...
Gaurav Sharma is a London-based analyst who covers energy & ESG. When the news arrived that BP (LON: BP) was scaling down its renewable energy ambitions, it didn't hold much of a surprise.