Shell Begins Hundreds of Job Cuts in Push to Boost Performance
- Staff in low-carbon, corporate affairs units told of cuts
- CEO Sawan promised a ‘ruthless’ focus on boosting performance
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Shell Plc has started to make hundreds of job cuts, with positions in its low-carbon solutions unit among the first to be eliminated, said people familiar with the matter.
Staff were told details about the cuts this week, after the broader plan for headcount reductions was announced internally in December, the people said, asking not to be named because the information was private. Workers in the corporate affairs division have also been notified and other departments including projects and technology are to follow, two of the people said.