Economic Calendar

Wednesday, October 28, 2009

BP May Cut 600 Jobs in Germany, Westdeutsche Allgemeine Says

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By Claudia Rach

Oct. 28 (Bloomberg) -- BP Plc, Europe’s second-largest oil company, may cut 600 jobs in Germany, Westdeutsche Allgemeine Zeitung reported, citing the head of BP’s German unit.

London-based BP plans to cut 340 of the 2,060 jobs at its refinery in Gelsenkirchen, Uwe Franke, chief executive officer of Deutsche BP AG, told the newspaper. It will also move 200 jobs from Bochum, 50 from Hamburg and 10 from Moenchengladbach to Budapest, where it is opening a European service center, the newspaper said in a preview of today’s edition.

To contact the reporter on this story: Claudia Rach in Berlin at crach1@bloomberg.net




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