LONDON, Jan 12 (Reuters) - Oil major BP plans to cutat least 4,000 jobs globally in its oil production division thisyear to reduce costs amid a steep decline in oil prices.
"We want to simplify structure and reduce costs withoutcompromising safety. Globally, we expect the headcount inupstream to be below 20,000 by the end of the year," a companyspokesman said.
He said BP was planning to reduce headcount by 600 people inthe North Sea over the next two years with most cuts to happenin 2016. (Reporting by Dmitry Zhdannikov; editing by Jason Neely)