Which is where I begin to present the compelling evidence to you, the audience, in the form of some rad-looking concept art.

BP said the cuts were part of a multi-year plan to make savings across the business, and that there may be more reductions this year and beyond. Mr Auchincloss added that the job losses announced ...

Figures show how many NCEA students achieved level 1 qualification last year and the Ministry of Justice has been encouraged to check its systems following a privacy breach. British energy giant ...

Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and ...

On the job cuts, which include more than 3,000 contractor roles, he added: “I understand and recognise the uncertainty this brings for everyone whose job may be at risk, and also the effect it ...

Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on Chief Executive Officer Jane Fraser’s commitment to expense reductions.

British Petroleum (BP) Plc has announced plans to cut about 7,700 jobs as part of its ongoing efforts to reduce costs in 2025. The company plans to cut 4,700 full-time jobs and dismiss over 3,000 ...

Around 4,700 employees and 3,000 contractor positions will be cut this year from a workforce of around 90,000, according to an an internal memo seen by Reuters. BP shares were up 1% in morning ...

Allow for a quick riff on RIFs. Many companies go out of their way to avoid calling job cuts what they are. Whether it's a "reduction in force," "rightsizing," or "streamlining," the fancy ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

With the company employing 90,000 globally, the cuts will represent a five per cent reduction in staff. The CEO further acknowledged the impact the impending job losses would have and noted they ...