News and information on Royal Dutch Shell Plc.
Peter Robins: The job cuts in Shell India means only for lower rank staffs. All JG-2 and above staffs or the expats are not touched. It is cosmetic with respect to cost reduction as local staffs are the cheapest among all other regions and country. In India there is no protection from their corrupt Govt. nor there is any social security. India base country staffs are cheapest among whole Shell with respect to salary and benefit thanks to low Indian Rupee exchange rate with dollar. Still only 10% of lower rank local staffs have been targeted without touching the high cost expats or JG2 and above. This shows Shell’s dishonesty and insincerity to cut cost. In face for India it is naked racism is being followed for job cut.
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Shell Insider: Unlike 2009 transition when down sizing was done in transparent manner first targeting the expat and higher salaries employees, this time lower rank staffs are targeted first when EC, EC-1, EC-2 staffs was untouched. The reason given of BG integration or lower for longer oil price is a fake eye wash. Why EC, EC-1 managers salary and benefit is not cut before going for job cut?
Relieved: Forget the hogwash about renewables, my guess is that the dividend is definitely going to get cut.
Relieved: The cat is now out of the bag !! Renewable energy sources mean the end to BIG OIL. Well, almost the end. That is Shell's judgement. Forgive me if I don't weep crocodile tears. Apparently RDS finds climate warming, and its consequences the only acceptable option. I mean, what would the world do without BIG OIL and the corruption it breeds ???
Grotemol: Paul Goodfellow is a pure genius. I mean who else could come up with this brilliant strategy !! "We need to reduce our cost base, improve production efficiency and have an organization that best fits our combined portfolio and business plans, " Mr. Goodfellow said. How much is he paid?
Frustrated: Incompetent American managers (Houston based) such as J. Ledbetter, L. Hayes, B. Stoyko are in the process of destroying Shell Canada.
Grotemol: .......and "relieved" we never learn. Our news boss, Culpepper, is the ex head of HR in the USA who has already shown his ineptitude by spending large amounts of money on putting workers into cubes which most of us hate. Everyone now tries to "work from home" !!
old EP hand: Relieved: spot on! When he arrived in SIEP he told us that Shell had the best resourcing system in the world. And he was right. Next thing he did was to destroy that model completely by importing a bunch of no-good americans (there also are some very good americans…), pushed the remuneration of the top to extreme levels and then was parked as ‘president’ in the USA. He loves travelling in style and surrounding himself with sycophants. Plenty of those in the US of A, the land of the ‘free’ and the weasels. He left a ‘Me First, screw the rest’ attitude throughout and the results speak for themselves. He reminded me most of the evangelist Billy Graham, with the difference that Hofmeister was a complete windbag claiming to be an Amish. An insult to the Amish!
Relieved: Read the article on Hofmeister. The man is a self-promoting weasel/slime ball. And he clearly doesn't understand the oil industry very well. But then he did not grow up in the oil industry. Before his stint at Shell USA he was a Human Resources professional in the aerospace industry. He should have stayed there.
Grotemol: The Dutch have always been protected by their 'Staff Council' which is a trade union by any other name. The staff hide behind this and have been immune to cuts and redundancy despite being grossly over staffed with high job group people. This will hopefully come home to roost soon as they start to fight amongst themselves to make the savings in the centre as there is nothing else left. Those of us left count ourselves lucky we still have a job but the workload just went up 5 fold !! Oh yes, that article by Prabhat Sakhya is probably one of the best examples of lazy journalism I have seen for a long time. His prediction of the demise of Shell and BP is laughable as it is based on just two consecutive periods when the oil prices has floundered. Of course it does come from the aptly named Motley Fool.
Relieved: We all know what kind of management RDS has. This is no secret and RDS employees live with this fact everyday. So, in light of this knowledge does anyone serious expect RDS management to be 'fair' and 'generous' when it comes to disposing of excess staff ??? Come on people. Staff is a disposable asset to be managed in the most profitable manner possible. All RDS employees are expendable, it is simply a matter of who goes first.