PinkDalek wrote:dealtn wrote:Reports of e-mail to staff at BP announcing 10,000 job cuts.
LONDON (AP) — Energy producer BP announced Monday that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP's global workforce of 70,000 people and come mostly this year. ...
Classic stock market relief here: terrible news and price up 1% today or 15% on the week.