BP Plc may cut nearly a third of its IT jobs after a review of its support services. The British oil company’s upstream division, which is responsible for oil and natural gas exploration, will take the biggest hit, a source tells Reuters.
BP confirmed its support service review may result in IT job losses, but declined to comment on the number of employees concerned. The company’s upstream division employs about 24,700 people but “only a fraction” work in information technology.
BP announced plans in October to divest $10 billion in assets before the end of 2015.
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BP to cut 30 percent of IT staff in upstream business: source http://t.co/ra4vjlbs6g
— Reuters Business (@ReutersBiz) May 2, 2014
