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

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told ...

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BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff ...

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

LONDON (Reuters) - BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part ...

Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.

Read here for BPT Trustee's forced termination article, predicting potential equity wipeout and near term price target of ...