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BP Announces 700 Job Cuts Amid Oil Oversupply Warning

BP plans to cut 700 jobs as part of a simplification effort, with an internal message citing an oversupply in the oil market.

30 Jul, 13:51 — 30 Jul, 13:51
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FTVery High23h ago

BP to cut 700 jobs as it warns on oil ‘oversupply’

UK oil major says reduction in ‘non-frontline’ roles will result in flatter corporate structure

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Coverage Timeline

First report: naftemporiki · 30 Jul, 13:29Full coverage: 3 · 4hWindow: 4h
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naftemporiki30 Jul, 13:29First to report

Reuters: Η BP θα περικόψει 700 θέσεις εργασίας στο πλαίσιο της απλοποίησης της δομής της, σύμφωνα με εσωτερικό μήνυμα

FT30 Jul, 13:51

BP to cut 700 jobs as it warns on oil ‘oversupply’

4h later
tvn2430 Jul, 17:28Latest update

"Proponujemy zmiany". Gigant chce likwidować kilkaset miejsc pracy

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