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BP Announces Major Workforce Reductions as Part of Cost-Cutting Strategy

A modern BP gas station or filling station in the United States 26 February 2023, 19:40:28

By Aarav Sharma on January 16, 2025

BP announces 4,700 job cuts in a strategic overhaul. CEO Murray Auchincloss aims to simplify operations and focus on high-value opportunities amid industry pressures.

TikTok Ban Looms: Trump Signals Possible 90-Day Reprieve

President-elect Donald Trump has indicated he will “most likely” grant a 90-day extension to TikTok, delaying a U.S. ban that would otherwise take effect on...

Trump’s Inauguration Moves Indoors Amid Leadership Changes

In a notable decision, IRS Commissioner Daniel Werfel announced his intention to resign on January 20, 2025, coinciding with President-elect Donald Trump’s inauguration. In a...

FDA Approves Zyn Nicotine Pouches, Sparking Discussions on Tobacco Harm Reduction

FDA's approval of Zyn nicotine pouches highlights potential health benefits for adults, amid concerns about youth usage.

BP Announces Major Workforce Reductions as Part of Cost-Cutting Strategy

BP announces 4,700 job cuts in a strategic overhaul. CEO Murray Auchincloss aims to simplify operations and focus on high-value opportunities amid industry pressures.

Capital One Under Legal Fire for Alleged Interest Rate Misrepresentation

Capital One is sued by CFPB for allegedly misleading customers about savings account interest rates, potentially costing them billions in earnings.