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Oil giant BP is cutting thousands of jobs. John Keeble/Getty Images BP told Business Insider it plans to cut 4,700 staff and 3,000 contractors, amounting to about 5% of its global workforce.
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 employees in a memo Thursday that it would slash around 4,700 jobs ...
BP is the fourth-largest investor-owned oil company in the world by 2021 revenues (after ExxonMobil, Shell, and TotalEnergies). [8] BP had a market capitalisation of US$98.36 billion as of 2022, placing it 122nd in the world, [9] [10] and its Fortune Global 500 rank was 35th in 2022 with revenues of US$164.2 billion. [11]
Anthony Bryan Hayward (born 21 May 1957) is a British businessman and former CEO of the oil and energy company BP.He replaced the Baron Browne of Madingley on 1 May 2007. His tenure ended on 1 October 2010 when he was replaced by Bob Dudley following the Deepwater Horizon oil spill. [1]
BP is more than halving the size of its senior management team as part of Chief Executive Bernard Looney's drive to make the 111-year-old oil company more nimble as it prepares for the shift to ...
The system can be open to exploitation by unscrupulous employers. [2] [3] [4] Internships for professional careers are similar in some ways. Similar to internships, apprenticeships transition students from vocational school into the workforce. [5] The lack of standardization and oversight leaves the term "internship" open to broad interpretation.