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Oil major BP to cut thousands of jobs in cost-saving drive

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Summary
Nutrition label

83% Informative

BP has underperformed its European rivals of late as energy market participants continue to question the firm's investment case.

The company added it is also reducing contractor numbers by 3,000 .

BP CEO Murray Auchincloss said last year that the company intends to deliver at least $2 billion of cash savings by the end of 2026 .

VR Score

88

Informative language

89

Neutral language

85

Article tone

semi-formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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