HJEN - BP Trims Workforce In Its EV Charging Business: Report | Benzinga
BP p.l.c. (NYSE:BP) reportedly planned to cut over a tenth of the workforce in its electric vehicle charging business, BP Pulse.
BP Pulse lowered the number of countries in which it operates to four from 12 in recent months as commercial EV fleets didn’t pay off as expected, reported Reuters.
The changes at BP Pulse are part of CEO Murray Auchincloss’ efforts to focus on the most profitable segments, the report added.
Consequently, the division cut more than 100 jobs in recent ...