Chief executive Bob Dudley says biggest number of job cuts likely to be in US as third-quarter profits tumble from $3bn to $1.8bn
BP has warned of further job cuts as the company further slashed spending plans after a profit slump caused by the oil price collapse.
Profit for the three months to the end of September fell 40% to $1.8bn (£1.2bn), down from $3bn in the same period last year, although the result was better than the $1.2bn analysts had forecast.