BP oil group cuts thousands of jobs
British oil group BP is cutting thousands of jobs. According to Bloomberg, top executive Murray Auchincloss made this known to staff this week in an e-mail, also in the hands of the news agency. At stake are 4,700 jobs within the company and the jobs of 3,000 hired employees. With the reorganisation, BP aims to cut costs.
The jobs BP is cutting represent 5 per cent of its workforce. BP employs around 90,000 people. Where exactly jobs will disappear has not been disclosed.
“I understand and recognise the uncertainty this brings to everyone whose jobs may be at risk, as well as the impact it may have on colleagues and teams,” Auchincloss wrote in the email. “We have several support measures available. Please continue to look after each other, be considerate and keep safety first – especially in times of change.”
Projects halted
Auchincloss announced last year that it wants to cut costs within the company by at least $2 billion. In addition, BP has already stopped or paused 30 projects since June last year to focus on more profitable ones. The group has also put all its filling stations and charging hubs in the Netherlands on sale.
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