BP plans to cut approximately 700 non-frontline global workforce roles. These reductions will impact about eight percent of production and operations positions. The company does not expect changes to its frontline operators and maintenance teams. BP is simplifying operations to reduce debt and boost profits. This restructuring follows a reorganization into two business segments.

BP cuts 700 non-frontline jobs in production and operations, citing anticipated oil oversupply. Here's what it means for energy and crypto

Oil giant BP is set to cut approximately 700 global jobs as part of a wider restructuring effort aimed at simplifying operations and boosting profits. Read more at…