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Oil company BP to cut thousands of jobs in cost-saving campaign


Signs of the British oil and gasoline company BP (British Petroleum) are displayed in Warsaw, Poland, on July 29, 2024.

Nurfoto | Nurfoto | fake images

Major British oil company PA On Thursday it said it plans to cut thousands of jobs as part of a major cost-cutting drive.

“Today we told BP staff that the proposed changes that have been announced to date are expected to affect around 4,700 core positions, representing much of the reduction planned for this year,” BP said in a statement. release.

“We are also reducing the number of contractors by 3,000,” the company said.

BP shares traded 1.6% higher on Thursday morning.

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