Trinidad: British Petroleum to cut 149 workers
December 17, 2020
(Trinidad Express) British Petroleum (bp) said yesterday its restructuring exercise will result in 149 employees being separated from the group’s Trinidad business on a voluntary or involuntary basis.
The majority of exits will occur in January 2021, the company said.
In a statement issued by bp and not bpTT, the company pointed out that it had announced a global restructuring in June.
“This restructuring exercise, the largest in our history, was undertaken to create a more focused, leaner and better integrated energy company. We can confirm that the restructuring of the Trinidad business has largely been completed and we have begun to transition to bp’s new operating model, based on a higher degree of centralisation and agile ways of working,” said the company.
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