https://www.upstreamonline.com/finance/bidders-swoop-on-shells-singapore-assets-in-potential-1-billion-deal-reports/2-1-1638893?utm_campaign=2024-05-06&utm_content=daily&utm_medium=email&utm_source=email_campaign&utm_term=upstream

More cuts coming for everyone or just changes at senior levels..thoughts?

I heard someone quote this week dozens of active but uncoordinated re-orgs currently ongoing. This was USA. Feels less efficient than a broad cut like Reshape. Certainly harder as a front liner if the next discipline over isn't available as a... — read more 

May 7th meeting scheduled that says "please join my leadership team and I for this global connect where we will discuss IDT's journey ahead"

I heard Deer Park Chemicals is about to be offloaded similar to what the Refinery went through two years ago. I heard the fire, reliability and cost are the main reasons. Anyone else hear anything?

Well they finally made the announcement, and not just an announcement to say they have announcement coming. The site GM finally laid out a timeline for when layoffs will be taking place. It's going to be rough summer for the folks in Canada. They... — read more 

threat serious this time? next move merge with bp

Is there going to be a reorg in Bangalore ?

Rumour this is coming...anyone else heard anything

Is it going to be sold, or just shut down? What’s going to happen with all the reactors?

https://finance.yahoo.com/news/shell-to-unload-1000-retail-locations-in-pivot-to-ev-charging-141517030.html

Does it make any sense at the moment? With the announced layoffs I've read about in M&A and other groups, do you expect a hiring freeze across other departments. I've seen job postings, but had no traction with apps, even with the introductory HR... — read more 

finally. Giving the many missteps and poorly time decisions they have done along with strategy in the last few decades it is about time to clean house on this one ......

I think I’ve had mild food poisoning from eating in the cafeteria at least a dozen times this past year. “Fool me once” and all that.

I continue to be impressed by Wael Sawan's approach as CEO. His unapologetic focus on profitability over the past year has been very welcome. An intentional shift away from questionable "green energy" strategies such as retail power in Europe/UK... — read more 

Looks like Jesse Stanley got squeezed out.

When where and how many

What is everyone's thoughts on his Townhall a few weeks back!? I found it invigorating. I missed it in person but watched it today instead of going to the Shell USA one. ..I actually enjoyed it.

With consultants in the mix, I can only expect “right-sizing”, “efficiency drive”, or whatever is the fancy term these days for good old “getting a boot”.

Let’s see what happens…

10 people cut from our department today. Anyone else? Formal announcement this week. I assume tied in with Wael all hands meeting on Wednesday…

Shell decided to close the Pittsburg plate with a tentative closing date of Dec 31 2024.

What does this mean… Largest global workforce shell is in india.

Protests across Nigeria. Security situation worse by day. Bizarrely company is not doing anything despite security problems being raised by Embassies and NGOs. Currency has collapsed 50% since beginning of year and getting worse by day. You like to... — read more 

“The $4.9 billon transfer from the oil company's U.S. subsidiary is among the first large pension risk transfers of 2024.” - Plansponsor, Feb 7 The transfer is 21,500 retirees’ pensions out of 26,536 total pensioners. Just offloading the remaining... — read more 

For those impacted, will the severance be 1 week per year as stated in the SPD or will it be the 3 weeks they have been giving the past few layoffs?

If I take the severance, can I ever be re-hired by Shell? Seeing some alarming reddit posts that say I cannot.

I see worked over 50 treated not so great. do you see this too?

Looked at the insurance benefit in NB today and it looks like the coverage as a multiple of annual base salary has been updated. What are you all seeing in terms of an increase from last year? 8% here, JG4, close to 100% PIR

How is this impacting Singapore? Will firing starts even before sale.

I have seen that LCS, Chemical and Products Commercial, Corporate Relations and Legal have been affected. Anybody else? Do we know how many people? What's the situation with severance? When will this end?

I understand all the corporate communications are meant to pull/fool investors but it really does not add value to Shell staff if Wael stays with his performance, discipline and simplification spiel. Anyone in Shell is competent to do this and are... — read more 

Any new info on layoffs? Who else beside low carbon unit guys is being sacked? I feel like I have been living under a rock since December, I haven't heard much. Instructions are coming this week. Are some already in?

As of Q3 we were sitting at 1.45 but since then there have been write down announcements and oil price changes etc. What's your best guess for Q4? Winner gets bragging rights

https://www.meed.com/shell-initiates-job-cuts-to-boost-performance

Preaching to the choir, I know. The thing that bothers me the most about the new ranking system is I have NO IDEA where I rank among my peers when I get “Strong” year after year with little feedback from line manager other than trite BS like “keep... — read more