Energy producer BP announced Monday that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry. It is not clear yet how many Canadian jobs will be cut and in what capacity. Chief executive Bernard Looney said that the cuts will affect office-based roles in BP's global workforce of 70,000 people and come mostly this year. "We are protecting the front line of the company and, as always, prioritizing safe and reliable operations," Looney said after a call with his staff. The global energy industry has been hit hard by the pandemic as the widespread limits on business, travel and public life reduced the need for oil, gas and other fuels.

Source: CBC News June 08, 2020 13:18 UTC