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Shell wants to cut 7,000 to 9,000 jobs amid falling demand for black gold

2020-09-30T07:02:40.196Z

Anglo-Dutch oil giant Royal Dutch Shell said on Wednesday it planned to cut 7,000 to 9,000 jobs as part of a major restructuring to cut costs in the face of falling oil demand and prices. Some 1,500 people have already left the group on a voluntary basis, and the rest of the departures, the exact number of which remains to be finalized, will take place by 2022. In total, the reorganization should



Anglo-Dutch oil giant Royal Dutch Shell said on Wednesday it planned to cut 7,000 to 9,000 jobs as part of a major restructuring to cut costs in the face of falling oil demand and prices.

Some 1,500 people have already left the group on a voluntary basis, and the rest of the departures, the exact number of which remains to be finalized, will take place by 2022. In total, the reorganization should allow Shell to save between 2 and 2, $ 5 million per year.


Source: lefigaro

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