Oil giant BP is cutting 10,000 jobs. Read the full memo the CEO sent to staff detailing why he's shrinking the company — and what it means for bonuses, salaries, and promotions.

Oil giant BP is cutting 10,000 jobs. Read the full memo the CEO sent to staff detailing why he's shrinking the company — and what it means for bonuses, salaries, and promotions.

Business Insider

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· In a memo sent to his staff, BP CEO Bernard Looney, said the firm is cutting 10,000 workers. 
· The cuts are part of a restructuring to make the company more environmentally and financially sustainable following a historic oil price rout. 
· Read the full memo, which includes details on layoffs, promotions, and...

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