https://www.chron.com/business/article/bp-layoffs-houston-20806767.php
7 replies (most recent on top)
These are not just renewable jobs - they can’t be and be “office” jobs, the math is way off. If it were 50 jobs, maybe, but there are not 6200 renewable office jobs at an oil company today. The article is conflating the cuts and the switch to conventional oil in the same reasoning.
The cuts are global, BP is not an American company.
I agree that Trump tariff focus does nothing to stem the offshoring (either in the companies or through outsourcing or public accounting) of work. That is only picking up speed and is the primary reason for cuts like this.
Working for an oil company I can tell you it is really bad now, and a lot of that comes from the offshoring, which we will all pay for soon - it’s a mess! Good luck US BP employees, this doesn’t look that bad.
Didn't BP just report they found the largest oil deposit off Brazil? Guess they're not worried about who is going to work the production.
@d2 Not sure how you got from stubbing your toe to a regressive global tariff regime that snuffed-out an otherwise decent economy and decimated trade.
Exactly. I stubbed my toe the other day and that would've never happened if we only put Kamala in charge last election.
O&G "ya fired!"
@bv+1k240p14v If you believe all those roles are green, then you are deluded.
American employees in O&G are severely declining, too expensive a location vs India. All supermajors are out of control on costs, poor management to blame.
BP layoffs expand by 32% as energy giant shifts focus to traditional oil
Houston is likely to feel the impact as BP expands layoffs under a $2B cost-cutting plan.
By Allyson Ackerman, News Editor
Aug 7, 2025
BP, the global energy giant with its U.S. headquarters in Houston, is now planning to cut 6,200 office jobs—up from the 4,700 layoffs it announced just seven months ago. That's a 32 percent jump, and with Houston home to the company's largest employee base, the ripple effects could be significant.
BP employs about 4,000 people in the Houston area, more than any other location in its global footprint. While the company hasn't said exactly how many local jobs will be impacted, concerns are growing that the Bayou City could take a hit as the oil giant continues its company-wide restructuring.
Beyond full-time employees, BP also is trimming its contractor workforce. Since January, it has let go of 3,200 contractors, with another 1,200 exits planned by the end of the year.
The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 billion by 2026. That shift includes stepping back from renewables and doubling down on traditional oil and gas production—a notable pivot from BP's earlier green energy ambitions.
CFO Kate Thomson confirmed during the company's second-quarter earnings call that about 6,200 jobs are now expected to be impacted by the end of the year. She noted that the affected jobs are part of BP's 40,000-person office-based workforce, and most of the cuts will take place in the fourth quarter.
BP says it's already seeing results from the reset.
https://www.chron.com/business/article/bp-layoffs-houston-20806767.php