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October 19, 2007
CHICAGO - BP America Inc. told its 3,300 Chicago-area employees Thursday that it plans to move a large unit from the western suburbs to downtown and relocate other staff to its Houston headquarters in a shake-up that also will involve an unspecified number of layoffs.
The moves follow a restructuring announced last week by London-based parent BP PLC as the oil company moves to streamline its structure.
The U.S. division told its employees based outside Chicago that it intends to relocate its Warrenville-based supply and trading organization to downtown Chicago and transfer some of its corporate staff to Houston.
The announcement came in a memorandum from BP North America chief Bob Malone and two other top BP officials. BP spokesman Scott Dean confirmed the planned relocations, but declined to say how many will be moved or laid off.
"There will be some layoffs, but the number we just don't know at this stage," he said.
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