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BP to slash 300 local jobs

At least 300 people are set to lose their jobs as global energy company BP cuts costs at its Australian business.
By · 21 Nov 2013
By ·
21 Nov 2013
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At least 300 people are set to lose their jobs as global energy company BP cuts costs at its Australian business.

A spokesman for BP told BusinessDay: "I can confirm there will be significant job losses."

He said that although Australia was still considered a growth market, over the past few years it had become uncompetitive.

The 600-odd employees at BP's headquarters in Melbourne were told of the job cuts on Wednesday, the spokesman said. Exact numbers have not been confirmed although the cuts at the headquarters are estimated to be about 150.

Staff at BP subsidiary Elite Customer Solutions were told that 30 per cent of their jobs would be made redundant and sent overseas. There are about 530 employees at Elite, which manages fuel deliveries to BP service stations, as well as doing sales, marketing and accounts for BP.

At least one team has been moved offshore from Elite. Others have been told they could reapply for a reduced number of jobs and would know by March if they could stay.

It is not known to where the jobs have been sent, although there is speculation they will go to Bangalore or Manila. Previous work has been sent to Kuala Lumpur.
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Frequently Asked Questions about this Article…

BP is cutting jobs in Australia as part of cost-cutting measures. Despite Australia being considered a growth market, it has become uncompetitive over the past few years, prompting BP to make these changes.

BP is planning to cut at least 300 jobs in its Australian operations. This includes significant reductions at its Melbourne headquarters and its subsidiary, Elite Customer Solutions.

The job cuts will significantly impact BP's Melbourne headquarters, where approximately 150 positions are expected to be eliminated out of the 600 employees currently working there.

At Elite Customer Solutions, 30% of the jobs are being made redundant and sent overseas. This subsidiary manages fuel deliveries and handles sales, marketing, and accounts for BP.

While it is not confirmed where the jobs are being relocated, there is speculation that they may be sent to Bangalore or Manila, as previous work has been moved to Kuala Lumpur.

Yes, some employees at Elite Customer Solutions have been told they can reapply for a reduced number of positions. They will know by March if they can retain their jobs.

Elite Customer Solutions manages fuel deliveries to BP service stations and handles sales, marketing, and accounts for BP.

Yes, BP still considers Australia a growth market. However, due to the market becoming uncompetitive, BP has decided to implement cost-cutting measures, including job cuts.