Thread regarding Shell Oil layoffs

This sh---y move started it all
2005-06: Reorg, Unified company structure to NL; Bangalore office started
Those who know, know

Dissolution of the Shell/Motiva JV in 2017 was a fair size move…

To add:
2009 Shell Global Solutions "Winning in the Downturn" which was aborted by Transition 2009

2016 P&T Targeted Operating Model

2016-2018 P&T Delivery Model (Took over 2 years!)

Shell’s major commodity is layoffs. Fitting for an oil company that can’t find oil.

Vulcan II circa 2026. Bank on it

Number of Employees throughout the years. https://www.statista.com/statistics/279425/number-of-shell-employees/

As of 2023, Shell Employee count was around 103,000. Chevron 45,000 and Exxon around 65,000.

Would be interesting to track the total employees over time. Despite the reorgs and layoffs...hiring and even expansion soon follows and I doubt if Shell ever got truly lean. Min employee count would still be about 80k-90k....much higher compared to Exxon, Chevron and investors rightly prefer the latter.

In US P&T and deepwater GOM, there was a round in 2018 too. I thought that was fakes and 2016 was the target operating model (TOMs) post BG.

Add Krakow Poland office start around 2006/2007. Developed into a ten-headed beast with lots of people tripping over each other and lots of mediocre quality contributions.

Following the BG acquisition there was the 2016 TOM (Target Operating Model) which certainly had an impact on exploration staff.
Not to mention that Global New Ventures exploration has not had a single commercial success since the creation of «Global Exploration» back in 2003. Namibia could possibly change that after more than two decades.

You should add when we left the Netherlands and became a UK company

2013-14ish timeframe there was a pretty big unconventionals/onshore reorg where Pinedale was sold, South Texas was sold and a bunch of other assets were exited (Rockies exploration, Kansas Mississippi Lime, etc).

Change is the only constant !