British oil and gas major BP, has gone one step further in its strategy to recover from Covid-19, announcing plans to cut 10,000 jobs – equating to 15% of its UK-based workforce. The company maintains that this is part of its strategic plan to slim down for an agile approach to the energy transition, rather than an alternative to slashing dividends while it continues to hemorrhage capital. Through Covid-19, international travel restrictions have decimated the demand for oil – it’s expected to have fallen by over 10% through the whole of 2020 – while a price war raged through the early part of the year, seeing margins slashed and oil majors earnings falling through the floor. Back in April, when…