British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is ...

U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive ...

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.

BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects ...

British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of ...

There is no doubt that BP is cheap. The oil company boasts a P/E of 8.22, a P/S of 0.44, and an EV/EBITDA of 4.03. That's on average -44.4% below the sector median according to Seeking Alpha.