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BP to cut 3 percent of jobs in upstream business: FT

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Reuters
Last Updated : May 22 2018 | 7:45 PM IST

(Reuters) - British oil giant BP Plc plans to cut 3 percent of jobs in its exploration and production as part of a restructuring of its upstream operations to make the division more efficient and flexible, The Financial Times reported https://on.ft.com/2x3bCMr on Tuesday.

The oil major would cut about 540 jobs from its 18,000-strong upstream workforce over the course of this year, the report said.

(Reporting By Justin George Varghese in Bengaluru; Editing by Arun Koyyur)

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First Published: May 22 2018 | 7:42 PM IST

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