BP

Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Arnsberg; Bochum, Kreisfreie Stadt
Location of affected unit(s)
Sector
Manufacturing
(19) Manufacture of coke and refined petroleum
19 - Manufacture of coke and refined petroleum products
19 - Manufacture of coke and refined petroleum products
600 jobs
Number of planned job losses
Job loss
Announcement Date
29 October 2005
Employment effect (start)
1 November 2005
Foreseen end date
28 February 2006

Description

British oil company British Petroleum (BP) will cut 600 jobs in Germany. The cuts are part of a company-wide restructuring effort that will cost up to 2,500 jobs at BP's european operations. A trade union official criticised the plans and said that the losses would weaken BP's market position.

Sources

Citation

Eurofound (2005), BP, Internal restructuring in Germany, factsheet number 62500, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62500.