Hayward Orders Jobs Cull As Bp Profits Dive ; Oil
Evening Standard - London › February 05, 2008
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Summary
BP is to axe 5000 workers in an attempt to reverse a dive in profits and debilitating performance from its US operations.
BP profits for 2007 plunged by a fifth to $17.5 billion (Pounds 8.8 billion) after a worse-than-expected fourth quarter.See the full content of this document
Extract
Hayward Orders Jobs Cull As Bp Profits Dive ; Oil
Although it is still making Pounds 24 million a day, the earnings dive is enough for chief executi...
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