Shell to Cut About 500 Singapore Refinery Jobs

  • Downsizing of Pulau Bukom plant to result in 500 job losses
  • Changes in site’s configuration to take place over three years
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Royal Dutch Shell Plc will slash oil-processing capacity at its largest refinery, resulting in hundreds of job losses over the next three years.

Shell last month singled outBloomberg Terminal the Pulau Bukom manufacturing complex in Singapore as one of six key refining and chemical hubs that would remain core to its business amid a companywide reorganization. Yet the site won’t escape the overhaul, with plans announced Tuesday to cut capacity there by half.