BP
plc, headquartered in the UK, has announced it will lay off 500 of its
workers in Houston.
According to a letter to the Texas Workforce Commission, the oil and gas
super major will lay off many of the employees beginning in early June
and affected employees will receive written notice at least 60 days
ahead of their separation date.
The Houston workforce reductions are part of BP’s larger plan to cut
4,000 jobs globally in its upstream segment in 2016.
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