BP to Cut 10,000 Jobs <br />Due to Oil Price Crash CEO Bernard Looney told <br />employees that the company <br />will decrease its global workforce <br />by nearly 15% this year. Bernard Looney, <br />via company email Office jobs will be the most <br />heavily impacted by the cuts. Due to the coronavirus pandemic, the company has accelerated plans to reorganize their business in order <br />to reach net zero emissions by 2050. In April, Brent Crude features, the <br />global benchmark for oil prices, <br />reached their lowest level in decades,<br />falling below $20 per barrel.
