BP to Cut More Than 100 Senior Managers in Restructuring -Reuters
May 22 2020 - 11:33AM
Dow Jones News
--BP PLC plans to cut down its senior management team to around
120 people from 250 currently under CEO Bernard Looney, reports
Reuters, citing internal company emails, confirmed by the
company.
--Many executives who were in senior positions under former CEO
Bob Dudley will leave in the coming months as BP restructures to
diversify its focus, according to Reuters.
Full story: https://reut.rs/36tuiTF
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(END) Dow Jones Newswires
May 22, 2020 11:18 ET (15:18 GMT)
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