BP is not the only oil and gas company to cut its workforce. In September, Shell announced it would cut 20 percent of its ...

Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...

British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...

BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.

BP employs more than 90,000 people currently, but according to CNN, that number will drop by more than 4,000 in 2025. With ...

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

Layoffs and other workforce reductions are continuing ... its head count to about 10,000 employees by the end of the year. BP slashing 7,700 staff and contractor positions worldwide.

But that doesn't mean that the revenue is always there, and sometimes even the huge oil companies have to make mass layoffs to thrive and survive in today's world. A spokesperson for BP said ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.