Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide

BP engineer working on drilling rig, Caspian sea, Azerbaijan. (Photo: Giles Barnard/Construction ... [+] Photography/Avalon)Getty ImagesEnergy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday as part of corporate cost cutting measures across its global operations.Confirming the job losses, the FTSE 100 company said it would reduce its workforce by 4,700 staff. Given BP's global headcount is around 90,000 personnel, the cuts represent over 5% of its total workforce.The company also said 3,000 co ...