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Shell to cut thousands of jobs in 'evolution'

The supermajor has argued that a smaller business will help its short-term health and long-term transformation, with 7,000-9,000 jobs to go
Shell to cut thousands of jobs in 'evolution'

Royal Dutch Shell (RDSB) has laid out its plan to be leaner and greener by 2022. The energy major will cut 7,000-9,000 jobs as part of a $2bn-$2.5bn (£1.5bn-£1.9bn) annual cost-saving plan. This is around 10 per cent of its current workforce, and includes the 1,500 employees who took voluntary redundancy this year. 

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