British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

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bp is set to cut 4,700 jobs and 3,000 contractor roles, 5% of its staff, to help save the £1.6bn — and cost-cutting efforts are set to continue ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs and cut thousands of contractor roles as it slashes costs.

BP said it will cut 4,700 internal and 3,000 contractor roles in a bid to cut costs. Employees at the British oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

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