BP to cut 4,700 jobs and 3,000 contractor roles from its global workforce

[@user-bi8ko7kc6h]

Nah, can’t be. Our gov is telling us we have enough jobs and companies are hiring but we ‘refuse’ to work 😂😂😂

[@chrysalis4126]

Its the global workforce not just the British workforce. BP are just bumping up their share price. Clearly workers are just chess pieces.

[@BMWHABBO7529]

Record profits but still cut the staff and will still raise prices

[@AlOh-2]

BP have lost further revenue due to the North Sea oil and gas well being shut down earlier. There biggest expense is manpower! So naturally they are going to cut their largest expense. Before braking their commitment to the shareholders

[@BobRoger-i8z]

​@@AlOh-2 Yes, burnt the bulk of our gas in the power stations, when we switched from coal.

[@ahmedalsharman]

They are not making much profit, and there stock crashed by 25% last year

[@EricLatios]

What happened to the thousands of new "green jobs" Ed miliband promised??

[@alanfrost4661]

It was total 💩💩

[@fintamaria2429]

Record profits still cut the staff!!!! 0:07 It was like the company's profits were flowing into the workers' pockets.In the system AHA✈️

[@andybray9791]

Fuel duty should be reduced

[@earnestequivocation6250]

Only made £66 billion last year….cutbacks essential as Board members need a new fleet of ferraris!

[@PJG-n8e]

Hahaha, look at their profits

[@RE96Hally]

In 2023 they made 11 billion profit after tax and had 33 billion cash in the bank or equivalent. At the same time, they owed 63 billion to their suppliers and have long term debt of 48 billion dollars for 2023. That means they that means they need to find around 60 billion in cash just to pay off their debts for 2023. Profits doesn't mean they're in a good financial position

[@jamescrook99]

Gotta keep those stock prices going up....

[@ahmedalsharman]

There stock crash last year 30%

[@georgeroybooth3335]

No surprises there.

[@Exo98761]

Just in time to announce dividend pay-out for the coming year. might be a good year $8 per share right now and were paying 8 cents per share last year.

[@Paws4Thought669]

And there's no way never Atcho, Hic, Arse ! 🎵

[@adamree30]

poor reporting to show BP petrol stations...

[@GrantBryan-lx5fo]

Cost cutting = corner cutting. Deepwater Horizon springs to mind.

[@neilsmith8327]

Wish they would change their name It's not a British company it's privately owned mainly by American Banks / hedge funds UK government sold it's share in 87

[@lin90210]

old footage because of the price...it hasn't been 107.9 for ages!! although my local BP is cheaper than it's competitors so have a lot of customers

[@Mark-v9e1]

£11billion profit at the end of 2023 and similar 2024. 3rd quarter 24 alone was £3.2 billion profit .

[@RE96Hally]

Your missing the point. They owed 66 billion to their suppliers and other payables at the end of 2023 as well as being in long term debt by 43 billion dollars. And they only have 33 billion in cash reserves. That'd a deficit of 33 billion dollars. Whilst owning 43billion dollars in loans

[@ahmedalsharman]

Their stock crashed %30 last year , they are losing & the outlook is really bad for BP

[@hivemistressherguineapigfa8563]

But please tell me their profits are safe!😜

[@meglobob9217]

Will this help growth in the UK? Hint NO

[@rahimmajid647]

But it will keep BP executives and shareholders happy.

[@johnbellamy6449]

ed milliband has stopped north sea oil licences , everything going downhill with labour in charge ,and thats only over here in the u k . the rest of the world is no better .

[@MrRaisin56]

The fallout of net zero policies making everyone poorer

[@chrysalis4126]

Not the BP shareholders...

[@martinogold]

They are trying to pump up that share price.

[@BobRoger-i8z]

Taxed to destruction ! 😣

[@martinogold]

The fossil fuel industry gets around £5.9 billion in subsidies in the UK every year> Taxed to death? They are welfare grifters!

[@Cory-v4w]

How important is human stigma in the case of anymore. However! Math is not a human construct. Math exists independently of human cognition.

[@maheshreddymanyam1524]

Send More money 💰🥵🤧To Ukraine

[@rahimmajid647]

Pretty sure BP is not sending any money to Ukraine. 😏

[@martinogold]

Go home Ivan.