BP is planning to eliminate approximately 700 non-frontline positions as part of a strategic restructuring. This move aims to simplify operations, reduce costs, and enhance profitability. The majority of these affected roles are office-based or support functions, not those directly involved in production. This workforce reduction aligns with BP's renewed focus on its core oil and gas business. The company is prioritizing efficiency and financial performance in its ongoing turnaround strategy.
London, United Kingdom
https://www.ndtvprofit.com/business/bp-layoffs-oil-major-to-slash-8-of-non-frontline-production-jobs-11844108/amp/1