British oil giant BP to cut 10\,000 jobs

British oil giant BP to cut 10,000 jobs

IndiaTimes Monday, 8 June 2020 ()
British energy giant BP on Monday announced plans to axe "close to 10,000" jobs, or almost 15 per cent of its global workforce, after the coronavirus pandemic slashed demand for oil.
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News video: BP to slash 10,000 jobs due to coronavirus

BP to slash 10,000 jobs due to coronavirus 00:30

 The boss of UK oil giant BP has told staff it plans to cut 10,000 jobs from its global workforce just weeks after increasing the dividend it pays to shareholders. The company said the move will “significantly impact senior levels” of management in the business, with its top leadership roles to be...