I am not a worrier, and have been through other periods with layoffs, but this feels different and with the Second Wave taking hold, I feel cuts could be bigger than we expect. It is the fact that we could be facing another bad year for the company in 2021 with no end in sight to Covid and weak global economy that makes me believe that Reshape could be more brutal than we imagined. Maybe I am worrying too much...
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From what I hear there is little more news on specific job losses until beginning December.
To grow SBO locations is not the next move, it is happening already if you look at OR
@aubz+172GJHrN Who cares, why does that even matter?
Why is IT part of P&T? Shouldn’t it be attached to the finance org?
the 7-9k figure does not include impact due to "growth of SBO locations"... so is their next move to move all the roles they can from high cost to low cost locations?
7000 to 9000 cuts by 2022 including 1500 already accepted VS
Unfortunately, individual contributors get the pink slip and unethical corrupt leads / line managers seem safe most of the time in Shell.
Half of my team already left voluntarily even before COVID really hit, and they all got better jobs and pay raise. It's not necessarily a good thing that Shell delays the layoffs.
With details of layoffs probably coming mid-October, I think anxiety levels are going to increase further over the next two weeks.
Look on the bright side, with Shell’s timing by the time they cut the industry will be on the up again.
Yeah....I thought it was a good thing when company said they weren’t going to rush to any decisions on layoffs when Covid hit. Other companies cut staff quickly and I thought time was on our side. Now I realize the situation is twice as bad ...more lockdowns, reduced growth and recessions on every horizon. Like the company needed an excuse...now it has a whole lot of reasons to cut staff.
In 2016 they told my group cuts would be 15%. It ended up being 40%. Scale management's numbers accordingly.