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BP to cut 13 percent of Alaska workforce as oil prices keep dropping
Energy
BP to cut 13 percent of Alaska workforce as oil prices keep dropping
Alex DeMarban | January 12, 2016
The persistent plunge in oil prices has translated into a new round of industry job cuts for British oil giant BP, including in Alaska.
BP said Tuesday it would eliminate 4,000 of the approximately 24,000 positions in its exploration and production units this year. That would be in addition to about 4,000 jobs that the company cut last year when it trimmed its workforce to about 80,000.
BP to cut 13 percent of Alaska workforce as oil prices keep dropping
Alex DeMarban | January 12, 2016
The persistent plunge in oil prices has translated into a new round of industry job cuts for British oil giant BP, including in Alaska.
BP said Tuesday it would eliminate 4,000 of the approximately 24,000 positions in its exploration and production units this year. That would be in addition to about 4,000 jobs that the company cut last year when it trimmed its workforce to about 80,000.
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