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November 26, 2009: Peter Voser on Shell Job Cuts

FT: Shell CEO on debt, gas, Iraq, mergers, and more

November 26, 2009 12:01am

The reorganisation “moved very fast” in 2009, Mr Voser said.

  • For 15,000 posts, people have had to re-apply for their jobs.

  • About 50,000 people work in the areas affected by cuts, out of Shell’s total workforce of 102,000, and in those affected areas 10 per cent of the staff have gone.

  • Even in the newly-created projects and technology division, which is a centre of expertise for the group to draw on, 1,800 jobs have been cut from a workforce of 10,000 as duplicated roles are abolished.

  • There will be more redundancies next year, too, although he refused to put a figure on how many.

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