BP reports $5.2 billion loss, more job cuts

February 5, 2016

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BP has announced that it incurred a $5.2-billion loss in 2015 and that it is cutting 7,000 jobs worldwide in response to the plunge in the price of oil. The job loss announcement, which came in conjunction the company’s report on its 2015 results, included the job reduction of 4,000 that the company…

Category: Oil & Gas