BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its share price.
S&P 500 E-Mini futures (ESH25) are up +0.31%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.49% this morning, ...
BP to axe 4,700 jobs globally amid cost-cutting drive - The oil giant, which announced the cuts in a staff memo, has about 90 ...