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BP will cut over 5% of its global workforce ... BP told Reuters. The cuts were announced in an internal memo seen by Reuters earlier yesterday. Auchincloss last year said he would cut the British ...

or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor positions will also be cut, according to a statement to ...

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(RTTNews) - British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of a major cost-reduction initiative, reports said.