Reductions are in addition to previously announced plans to reduce Shell’s headcount and contractor positions by 7,500 globally.
Markets | Mon Dec 14, 2015 5:35am EST
* Shell updates on its intentions for Shell-BG combination
* Expectation is that BG’s business would be integrated into Shell’s businesses
* With regards to office footprint rationalisation in UK, Shell will, following deal completion, undertake a comprehensive review during course of 2016
* Deal remains on track for completion in early 2016.
* Expects BG restructuring will be required to achieve expected benefits of recommended combination
* Reductions are in addition to previously announced plans to reduce Shell’s headcount and contractor positions by 7,500 globally.
* Currently expects an overall potential reduction of about 2,800 roles globally across combined group, or approximately 3 pct of total workforce
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