UK-based bp to reduce workforce by 5%, says The Wall Street Journal

HOUSTON, TEXAS (By Ian Silverman, Energy Analytics Institute, 16.Jan.2025, Words: 132) — In a cost-cutting move, bp looks to cut 4,700 internal positions, which represent around 5% of its workforce, The Wall Street Journal reported.

bp also looks to cut 3,000 contractor positions, the WSJ reported 16 Jan. 2025.