As we move warily into 2025 after a brutal 2024 you have to wonder what further layoffs lay ahead. Any news on upcoming layoffs before March 2025?
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Talented IDT resources are already moving out of Shell Bangalore to join Chevron, only under performers will stay back.
IT does bring business value, except at Shell there are too many functional people and not enough people doing the work. They let the majority of their high achieving technical talent go in the last layoffs and moving work to less skilled people in India. Even worse, Shell is outsourcing IT work to companies like Accenture spending millions of dollars on proofs of concept and nothing to show for it.
I agree IT will never be core business. Stupid to think otherwise. But it is a support business and an enabler of productivity when done right.
Move IT to India and sell it all, IT will never be Shell core business or make significant business value. Oil = Oil.
The good Shell IT folks will move to Chevron who is opening next door in Blr.
Why is IT so in love with India? So many there are corrupt or ineffective. The move to India destroyed IT
Been like that for the last two decades. Just moving money and people around.
An earlier post cited the recent BP announced cuts. An excerpt from the BP press release “…layoff is expected to bring about better efficiency by streamlining operations and restore the confidence of investors…”.
Shell, BP and the rest use this same tired jargon every time they slash jobs. It’s meant to imply a flash of executive brilliance - “oh, THAT’S what was wrong; we’ve got the fix NOW!” Yeah, right.
Since executive pay is meted out by short term positive bumps, what else can one expect? Rearranging the deck chairs gives the appearance that these leaders actually know what they’re doing.
replying to @vp+1jhdrv0ct
... No, we all use the same consultants.
Yes the day of reckoning has come for the European country clubs.
And then we read today BP is axing thousands of jobs…..doom and gloom spreading
Like I saw in the previous years, I wonder if IT will again waste money in 2024 on useless sub optimised AI/Data projects. With lots of useless workshops and travels. Lots of incapable Indians who just need to feed their families and fell
for the empty Shell promises.
Most people in all jobgrades,grinding money until their job randomly gets ceased to exist. In the meantime some are smart enough to get as much certificates and training payed by the company to prepare for their next career step.
Once it was a company we were proud to work for, sad to see this downfall happening very slowly.
We are in sore need of visionary leaders who manage the company toward a future ideal; not ones with a myopic focus on the rear view mirror.
Constant expansion followed by cutting are clear markers of no vision and poor leadership. To cheerlead such “progress” from the corner office rings deafeningly hollow.
Not just at Shell, but today’s business “leaders” are incentivized for the wrong results, collect their paychecks and move on with a padded resume. They’ll tell you they’re “making a difference “ - delusional.
lol i can imagine it, tell me how close i am
4 dutch middlemen who have no experience but transferred from god knows where write your policy and then due to net zero you can’t stick tools in the ground unless they’re certified green or made of paper straws or something and then only one person is allowed to buy data because budget and because of bribery policy and then ai tools which could help are banned because shell is being shell
“Before the asset pipeline is empty”
We are already there, my friend. Namibia was our last shot to get some material reserves and now it’s clear we can’t get the goods out of the ground.
Ask anyone in Exploration and they’ll tell you we’re scraping the bottom of barrel of prospect inventory. Mainly due to stupid internal restrictions on countries where we’re allowed to explore
we’ve exceeded expectations on profit for like 7/8 of the last quarters but we’re “bleeding money”
wake up. this is all about chasing capital efficiency ratio so Wael can make bonus, not profit. he just has to run away before the asset pipeline is totally empty
i have never understood this logic.
if people have a meeting, and the result is a decision that makes money, why is that not a real job? anybody saying that needs to quit shell and be a tradesmen or they’re a hypocrite.
you could argue that people in another hub could do the same thing for less but uh…. can they? there is a thing called expertise. it is used to make good decisions which make money. not everybody in the world has expertise or is capable of acquiring it for a subject.
this is not rocket science people.
what funny is chemicals is indeed a money losing business or at least it was as of early 2024 when i last looked into them
How many will be left in the us? I see a lot of people that look like they just send emails and sit in meetings. Who is doing the actual work?
IPF system is ridiculous, the ones working aren’t getting the better grades. Middle management is destroying the company.
5 YOE chemicals business
No way they will wait until CMD on March 25 to make further headcount reductions. Sadly, we are bleeding money on every day with out action.
Hope they leave the contractors at Woodcreek and HWC IT centers alone. They are worth their weight in gold.
It’ll be quiet until CMD. Then it’ll be deafening.
I overheard managers talking that IDT has not figured out how to pay for the people who are staying in the new org and there will be more changes. Not sure if they meant cuts or just moving people.
new jobs
hahahaha. the “sh” in shell is for shrink
half of the posted MOR jobs are fake as is, the rest are rigged for indians and the dutch
How many upstream jobs? Nothing new going on am I right
I think functions that support the business will continue to see trimming, but disciplines that are closer to generating revenue will be left untouched for a few years.
Looks like one of the mental giants figured out how to do emojis.
🐳 🦢 only knows how to cut so of course he will keep doing it
also because he’s a huge coward he will tell investors first just like last time and then leave it to his underlings to feign empathy
he will not stop until all work is conducted in india for as cheap as possible. quality and longevity of the company don’t matter - only opex. empty asset pipeline? no problem - that’s less costs. as he long as he makes bonus nothing else matters
I was told by a manager in IT who got a job in the new organization that there will be more cuts to IT by the end of 2025.
Still plenty to go after, certainly the functions, hopefully moves announced around CMD.
I heard more layoff are coming, already in motion
Before no. After yes. See what Wael tells the investors and media on Capital Markets Day on Sprint #1 and what the future Sprints are.