May 22, 2018 / 2:13 PM / 3 months ago

BP to cut 3 pct of jobs in upstream business - FT

May 22 (Reuters) - British oil giant BP Plc plans to cut 3 percent of jobs in its exploration and production as part of a restructuring of its upstream operations to make the division more efficient and flexible, The Financial Times reported on.ft.com/2x3bCMr on Tuesday.

The oil major would cut about 540 jobs from its 18,000-strong upstream workforce over the course of this year, the report said. (Reporting By Justin George Varghese in Bengaluru; Editing by Arun Koyyur)

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