BP Cut 4700 Jobs and 300 Contractor roles16 Jan 2025 11:38
Wood secured new contracts with BP at the back end of 2024. Cuts at BP could in my opinion be positive, it means an outsourced model, good for consultants, could be a focus. I don't see BPs approach as cutting growth of their business, if anything its streamlining it. As a newly awarded framework to Wood, I can't help thinking that was a longer term plan for BP. What's every one else's view?