BP is preparing to cut more than 4,700 employees as part of the company's optimization

January 16. /MEDIA TALK/. The British energy company plans to cut thousands of employees to optimize costs, Bloomberg reports. The organization plans to reduce its staff by about 5%, which means the dismissal of about 4.7 thousand employees.

In addition, the corporation will cease cooperation with about three thousand subcontractors. At the moment, the number of BP employees is approximately 87.8 thousand employees.


Photo: ru.freepik.com

CEO Murray Auchincloss has announced plans to reduce costs by at least $2 billion by the end of 2026. Starting in June 2024, the company has already stopped or frozen the implementation of thirty projects, focusing on the most profitable ones. Digitalization, which implies the use of artificial intelligence technologies in all departments, is a key area of the company's strategy.

Recently, we talked about the strikes of Volkswagen employees in connection with the company's plans to reduce costs. Then, as Bloomberg reported, the union reached an agreement on job guarantees for employees until 2030 and the preservation of 10 car factories in Germany.