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

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

The S&P 500 Index ($SPX) (SPY) today is up +0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.05%, and the Nasdaq ...

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

(MENAFN) BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and cutting an additional 3,000 contractor positions. CEO Murray ...

With oil majors gearing up to publish their fourth quarter results in the coming weeks, investors will be looking to see if ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

Oil giant’s boss introduces cost-cutting measures as Britain moves away from fossil fuels BP is to cut nearly 8,000 jobs in the face of falling profits and rising shareholder concern over its ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans. The oil and gas giant will be cutting 4,700 jobs across its global workforce alongside 3,000 contractor roles.