Shell to axe 1,000 jobs
Oil giant wants to ‘sharpen up’ operation
Published: 16/03/2010
OIL firm Shell announced today it was to cut another 1,000 jobs.
The Anglo-Dutch firm, which has a major base in Aberdeen, admitted it had been “slow” to respond to the global recession.
Shell, which has 100,000 staff worldwide, cut 5,000 posts last year and had already announced a further 1,000 job losses for this year.
Chief executive Peter Voser said Shell would axe another 1,000 posts by the end of 2011.
He said: “The company had become too complicated so we are sharpening up.”
Shell gave no details as to where the cuts would fall.
The oil giant employs around 8,500 staff across the UK – including 1,800 workers in the North-east.