PERSPECTA

News from every angle

← Back to headlines

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
PostShare

Sources

Showing 1 of 3 sources
FTVery High1d 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

Read full article →

Coverage Timeline

First report: naftemporiki · 30 Jul, 13:29Full coverage: 3 · 4hWindow: 4h
Left-leaningCenterRight-leaning
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

Related Stories

Zambales Capital Iba Seeks Cityhood, Income Rule Waiver

just now

US Hedge Fund Sell-Off Serves as Warning for Chinese Investors

17m ago

Lidl's German Parent Company Reverts to Combustion Engines for Company Cars

20m ago

India Approves Rs 84,000-Crore Scheme for Offshore Oil & Gas Exploration

21m ago