Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06 - Extraction of crude petroleum and natural gas

2,000 jobs
Number of planned job losses
Job loss
Announcement Date
16 March 2010
Employment effect (start)
Foreseen end date
31 December 2011

Description

Royal Dutch Shell plc announced on 16 March 2010 that it intended to make 2,000 job reductions by the end of 2011 as part of a programme to reduce costs by $1 billion in 2010 and to improve operating performance. The cuts are likely to be across a range of countries, although no further details are at present available. Chief Executive Peter Voser said that Shell had been disadvantaged recently due to its higher exposure to refining than its competitors.


Sources

Citation

Eurofound (2010), Royal Dutch Shell plc, Internal restructuring in World, factsheet number 70361, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70361.