Shell to cut 400 jobs at Dutch projects department as part of corporate simplification programme
02 August 2017
According to Reuters, Royal Dutch Shell plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, which represents around a quarter of the roles in the department. The news agency said the job losses were part of a change in its corporate structure to simplify operations in response to lower oil prices.
The group also plans to relocate dozens of research roles from the Netherlands to Bangalore in India, part of a wider programme to shift higher-value roles to lower cost countries. It will also cut the number of staff on expensive expatriate employment packages and reduce layers of management in its project and technology operations.
A spokesman told Reuters the cuts were part of the process of transforming Shell into a simpler company, and that in future there would be fewer one-of-a-kind complex mega-projects and proportionately more simple to medium complex projects.
Shell has cut 12,500 jobs in recent years and now employs 92,000 worldwide. It has also reduced capital investment budgets as lower oil prices have rendered many previously profitable projects uneconomic.
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