BP confirmed on Tuesday that it will layoff hundreds of employees at its Houston office.
In a letter to the Texas Workforce Commission seen by Rigzone, the company said it will layoff 500 workers from its Houston office starting in June.
The layoffs are part of a broader plan to cut 4,000 jobs from the company’s upstream unit in 2016.
Further details about the cuts have not been disclosed yet.
BP said in February that it also expects to cut up to 3,000 staff and contractor positions from its downstream segment by the end of 2017.
“We’re making good progress in managing and lowering our costs and capital spending, while maintaining safe and reliable operations and continuing disciplined investment into the future of our portfolio,” BP group chief executive Bob Dudley said in February.
BP booked a fourth quarter replacement cost loss of $2.23 billion compared to a loss of $969 million a year ago.
Last week, the U.S. Department of Justice asked the federal court in New Orleans to approve a proposed $20 billion settlement tied to the 2010 Deepwater Horizon accident.
The settlement will resolve the government’s civil claims under the Clean Water Act and natural resources damage claims under the Oil Pollution Act.