The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...
UK supermarket Sainsbury's axes thousands of jobs to cut costs
The cuts will be across the company in a cost-cutting drive which will see the closure of its cafes and pizza counters. There will also be a reduction in a number of senior management roles. View on e ...
Socialist Party2d
BP threatens jobs – workers won’t pay for bosses’ climate crisis
Despite making over $40 billion profits since the start of 2022, fossil fuel giant BP has announced 8,000 job cuts ...
The HR Digest4d
BP Layoffs Announced in Pursuit of $2 Billion in Savings
The BP layoffs are expected to affect over 5% of the company’s workforce, with the cuts mainly taking place among office ...
BP to Lay Off 4,700 Employees and 3,000 Contractors to Cut Costs and Rebuild Investor Confidence
British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...
Business Recorder4d
Oil giant BP cuts thousands of jobs to slash costs
Speaking about the job cuts, which include more than 3,000 contractor roles, he added: “I understand and recognize the ...
My Investing News on MSN5d
The Week’s Investing News Roundup: Billionaire Picks and Quantum Computing
Billionaire Stanley Druckenmiller made enormous profits in the most recent quarter but also sold out of 22 positions, ...
Taste of Country5d
Real Life ‘Landman': Oil Giant BP Laying Off Thousands of Workers
BP employs more than 90,000 people currently, but according to CNN, that number will drop by more than 4,000 in 2025. With ...
Texas-headquartered BP announces massive layoffs, workforce reduction
BP is not the only oil and gas company to cut its workforce. In September, Shell announced it would cut 20 percent of its ...