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

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BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

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LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a ...

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

(Bloomberg) -- BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday ...

CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." The reductions amount to just over 5% of BP's 90,000 worldwide employees. Auchincloss’s ...

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 (NYSE:BP) will cut more than 5% of its global workforce, CEO Murray Auchincloss told staff on Thursday, as the company seeks to reduce costs and rebuild investor confidence. BP (BP) will ...