Greig Cameron, Scottish Business Editor: November 17, 2016
Shell has dealt a “devastating blow” to 380 finance workers in Scotland by announcing plans to cut jobs and move functions overseas.
The decision came as official figures showed that unemployment in Scotland had dropped again — although there are concerns about the strength of the labour market.
The oil giant said it intended to close its business operations site on Bothwell Street in Glasgow over the next 15 months. The work will be transferred to lower-cost countries, with the company having offices handling business operations in the Philippines, Malaysia, Poland, India and South Africa.