BP to slash 10,000 jobs as pandemic bites

FINANCIAL TIMES 🔒| BP will cut 10,000 jobs as coronavirus hits the UK oil major’s finances and accelerates a strategic shift to become a “leaner” company under its new chief executive.

The pandemic has dealt a large blow to oil demand and BP’s earnings, with widespread financial damage across the energy industry forcing companies to reduce spending, raise debt and make savings.

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