BP announces it is cutting thousands of jobs to “reduce costs”
The British hydrocarbons giant BP announced Thursday its intention to cut 4,700 internal jobs and 3,000 among its subcontractors in order to reduce its costs. These decisions are part of “a multi-year program to simplify and refocus BP”intended to improve its competitiveness “by reducing (its) costs”it is underlined in a press release. The 4,700 internal … Read more