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Shell Cuts More Jobs

Shell Cuts More JobsShell Cuts More Jobs

Anglo-Dutch oil giant Shell has said thousands more jobs will be slashed, if the takeover of British utility company BG can be finalized as planned, DW reported. The firm said the move was necessary to save costs in the years ahead. Royal Dutch Shell said Monday it expected to cut 2,800 more jobs globally to save costs. The job cuts in question would come on top of 7,500 positions already up for slashing in a bid to streamline operations and make them more cost-efficient.

 

Financialtribune.com