Posts Tagged ‘Cost-cutting’
BP Sees no Return to the Golden Age as it Embarks on a New Round of Cost-cutting
Sunday, March 7, 2010 8:13 No CommentsThe chief executive of BP painted a gloomy picture for shareholders of years of weak demand for oil and depressed refining margins.
According to Tony Hayward, which has shed 7500 employees in the past two years, wsa aming to cut costs to their levels of 2004 to improve profitability by more than $3 billion over the [...]
