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Latest on Shell Job Cuts will appear here shortly

Latest on Shell Job Cuts will appear here shortly…

THE WALL STREET JOURNAL

Shell CEO: Company Restructuring In 3rd Phase

OCTOBER 13, 2009, 10:11 A.M. ET

LONDON (Dow Jones)–Royal Dutch Shell PLC’s (RDSB.LN) restructuring has entered its third phase, requiring a few thousand staff members in the third tier of management beneath the executive committee to reapply for their jobs, Chief Executive Peter Voser said Tuesday.

This phase will last approximately four to eight weeks, Voser told reporters on the sidelines of an Energy Institute event in London. He declined to comment on how many jobs will be cut through this process.

Company Web site: www.shell.com

-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317; [email protected]

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