The firm is making major cuts to its workforce as part of a broader strategy š§
The main conceptual idea of the text is that BP is cutting thousands of jobs and contractor roles globally as a cost-saving measure to improve its share price performance.
The company cites a need to adapt to market pressures and reduce expenses, leading to reductions across its global workforce, although the precise number in each country is not specified.
The main conceptual idea of the text is that BP is cutting thousands of jobs and contractor roles globally as a cost-saving measure to improve its share price performance. The company cites a need to adapt to market pressures and reduce expenses, leading to reductions across its global workforce, although the precise number in each country is not specified.