Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.
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Marathon Oil and ConocoPhillips' $22.5B Deal Sparks Major LayoffsDetails of COP’s $22.5B Acquisition of MRO ConocoPhillips, in May 2024, announced an accord with Marathon Oil to acquire it in an all-stock transaction valued at $22.5 billion. The deal ...
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