BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief ...

Shares of BP PLC BP rose 1.84% to £3.88 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the FTSE 100 Index UKX rising 0.56% to 8,359.41.

More cost-cutting efforts are planned this year and beyond, CEO Murray Auchincloss said, and the company has stopped or ...

A message left with BP wasn't returned. BP shares rose 2% in London trade, extending this year's 9% rise. The report didn't an explanation for the job cuts. BP last week said it was going to take ...

Along with this, BP also plans to cut 3,000 contractors. The company currently employs some 87,800 people globally. The lay ...

The improved performance comes as the company has continued to ramp up operations across key assets. Aker BP said it will ...