BP to Cut 4,700 Jobs
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cost reduction targetBBC
•Business
Business & Economics
BP to cut 4,700 jobs to reduce costs

74% Informative
BP to cut about 4,700 staff, more than 5% of its workforce, as part of its plans to cut costs.
Firm has not said how many roles will be affected in each country it operates in.
About 3,000 contractor positions will also be axed this year .
Chief executive Murray Auchincloss is understood to have set a cost reduction target.
VR Score
83
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85
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87
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English
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43
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