Energy company BP says it will cut its global workforce by 10,000 jobs amid the ongoing impact of the COVID-19 pandemic.
The CEO said Monday that the cuts will affect office-based and come mostly this year.
The company’s current global workforce is 70,000.
The job cuts come at a time of tremendous change for BP, which said it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050.
The pandemic, meanwhile, has caused huge turmoil for the industry by causing demand for energy to plummet.