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BP, traditionally known for its oil drilling capabilities, has been incrementally aiming to pivot its operations from fossil fuels to greener alternatives. This transition is driven by existing pressures to appear environmentally conscious in a market that increasingly values sustainability. However, these commitments have come at a high cost, leading to the reported loss of approximately 4,700 jobs from its global workforce of nearly 90,000. In addition, the company is set to terminate contracts with about 3,000 contractors and seeks to save over £1.6 billion across its operations.