WCK P&T 5-25% reduction sometime in the middle of 2017
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Hearing more global teams and downgrade of jobs.
More layoffs coming soon to STCH . To reduce cost they should downgrade JG3 managers to JG5. What are they going to do? Leave?! No company pays those JG3 salaries Shell pays, and they know it
The whole TaIT department (P&T) at STCH is such a scam! Incompetent people!
Buckle up unlucky ones; first week of April another round of layoffs coming!!!
It does
When you expat dutch kicking around in Calgary and local Canadian in the same team letting go.
I'm guessing some of you think you're in this state because some foreign dude screwed you over. Pathetic! It looks like the economics of the industry don't make their way into the space occupied normally by brain cells. Take a look at this....
https://www.woodmac.com/content/portal/energy/highlights/wk2_May_16/chart1large.jpg
Lower 48, onshore OPEC, tight oil, on shore non-OPEC, even ulta deep water Brazil are alive and kicking at $60. Move down to $50 though and Bakken, Deepwater Nigeria, Niobrara, deep water and ultra deep water (not Brazil) ... Even shallow water Europe, are all in danger of falling over. What's had any of that got to do with the nationality, colour or gender of the management? All the reasons I see spouted on here to blame someone else.
Our industry, or jobs live and die by being profitable.
Yeah because he is Dutch. They don't give a s.. about American and Canadians. They just sold most of Shell Canada. I think there would be no Shell Canada by 2018
Just saw Van Buerden got a 60% pay increase last year...??? WTF
Divestment of oil sands means more cuts overall in Canada.
From fat to muscle now bones to marrow.
The middle of 2017 sounds about right. P&T personnel at STCH were told today that the Delivery Model/Layoff Model will take ten more weeks of work. Maybe, once it is announced, the practice of giving out secret packages will end.