Oil firm to cut office jobs in London, Sunbury and Aberdeen combat plunging oil prices and costs of Deepwater Horizon spill
BP will announce on Wednesday that hundreds of jobs will be lost at offices in London, Sunbury and Aberdeen as part of huge global staff cuts resulting from plunging oil prices and the Gulf of Mexico spill.
Bob Dudley, the chief executive, will tell a meeting of City investors, that major financial savings will be made as support staff in areas such as procurement, legal and communications are scaled back.