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Evening Standard
Evening Standard
National
Holly Williams

BP increases staff cuts to 6,200 and signals further possible reductions

British Petroleum Murray Auchincloss Albert Manifold
BP has revealed a further 1,500 jobs and 1,200 contractor roles are being axed across its global workforce by the end of the year and warned over possible further cuts as it ramps up cost savings (PA) - (PA Wire)

BP has revealed an extra 1,500 jobs and 1,200 contractor roles are being axed across its global workforce by the end of the year and signalled possible further cuts as it ramps up cost savings.

The oil giant said it now expects 6,200 jobs to go – about 15% of its office-based workforce – which is higher than the 4,700 cuts announced at the start of the year, with a focus on artificial intelligence (AI) to help drive cost efficiencies.

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