Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

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Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...

British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor ...

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...

BP will cut 4,700 jobs across its global workforce and 3,000 contractor roles, as part of a cost-saving drive. The company ...

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive ...

BP is eliminating 4,700 jobs, or roughly 5% of its workforce, and cutting more than 3,000 contractor positions, as the oil ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was ...