BP Plans Major Workforce Reduction Amid Restructuring Drive

BP is planning to cut around 700 positions from its non-frontline global workforce as part of a broader effort to streamline operations and improve profitability, according to an internal email reviewed by Reuters. The layoffs would affect about 8% of the company’s 8,500 non-frontline roles linked to its production and operations division, while frontline positions such as operators, technicians and maintenance staff are expected to remain largely unaffected.

The move comes as BP intensifies efforts to reduce debt, boost returns and sharpen its focus on its core oil and gas businesses. Since CEO Meg O’Neill assumed leadership in April, the company has reorganized its structure from three business units into two main segments—upstream and downstream—with the new framework taking effect earlier this month.

BP, which employed 93,700 people across 61 countries as of 2025, said it is working to build “a simpler, stronger, more valuable BP.” A company spokesperson confirmed that organizational changes are being proposed, although the exact number of job cuts was not officially disclosed.

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