LONDON:
BP plans to cut around 15% of its workforce in response to the
coronavirus crisis and as part of
Chief Executive Bernard Looney's plan to shift the
oil and gas company to
renewable energy, company sources told
Reuters on Monday.
Looney told employees in a global online town hall call that the London-based company will cut 10,000 jobs from the current 70,100, most of them by year end, according to sources listening to the call.
A company spokesman declined to comment.