Layoffs for BP, and a renewed focus on oil and gas.
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One of the largest players in the global energy industry - a company with over $194 billion USD in revenue last year - is cutting nearly 5,… [+4137 chars]
Major Oil And Gas Company Cuts Jobs And Reduces Renewables For Fossil Fuels - Forbes
BP plans to eliminate $2 billion in costs by 2026. Reversing a prior position on renewables, the oil & gas company will cut almost 8000 jobs - over 5% of its workforce.
By:Chris Westfall
Source:Forbes
Published:
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