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BP to cut down staff in Azerbaijan-based office

11 December 2014 08:22 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. BP is to spend $1bn on making hundreds of job cuts over the next year in response to the continued slump in global oil prices, the Guardian reported.

According to Chief Executive Bob Dudley, it will be in the systems that support our operations and where BP has a significant corporate presence, so the US, the UK, Azerbaijan, Germany.

Company insiders said the cuts will hit every area of the business, although one said they were “unlikely to affect people on the platforms.

Head of Press service of BP-Azerbaijan Tamam Bayatli said this issue will be commented on in a short-run: “I’m at the meeting now. I’ll contact with you”.