BP (BP) plans to eliminate about 700 non-frontline jobs globally as the energy major moves to streamline operations and improve profitability.
The job cuts will affect about 8% of the 8,500 non-frontline positions historically tied to the company's production and operations division.
"We recognize the impact on affected employees. We will prioritize continued communication with and support for our teams," a BP spokesperson said in an emailed statement to.
The energy major employed 93,700 people across 61 countries in 2025, according to its annual report.
The streamlining is part of BP's broader push to lower costs, reduce debt and strengthen returns by refocusing on its core oil and gas operations after scaling back ambitions in renewable energy.
"We are building a simpler, stronger, more valuable BP," the company's spokesperson said, adding that the oil major is proposing changes that would result in a reduction in roles to reduce complexity, improve accountability and support long-term performance.
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