The world still runs on oil but we all know oil is a fading business. Shell is a multi-billion dollar corporation set in the old ways, so re-investing and adapting to renewables is going to be very difficult, if not impossible. Sad but true.
For right now, the most important question is where the job cuts will be?
6 replies (most recent on top)
i think a large amount of layoffs (outside the 7-9k previously disclosed) will come from moving jobs to SBOs... i bet the majority of the functions will go there... who knows they might even create more SBOs?
Men will lose more jobs than women! Gender is a factor, so are many other things that advantage certain groups
Divestments are not part of the identified 7-9000. About 30% in upstream and equal in p&t.
Not deepwater GOM, majority will be safe over here
2 hours ago by Anonymous | 1 reaction (+1/-0)
Post ID: @1mnn+17inrxq4
Why is that ?
Not deepwater GOM, majority will be safe over here
Everywhere + Non cash flowing asset divestments