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Supermajor Shell extends jobs cuts amid cost reduction plans - Upstream Online

Upstream Online · last updated

Supermajor Shell extends jobs cuts amid cost reduction plans | Upstream Online

Shell has initiated a fresh round of job cuts, beyond the previously announced reduction in its low carbon solutions (LCS) division, as the supermajor eyes significant cost reductions by the end of 2025.

The company is eliminating jobs on a division-by-division basis, with those affected being offered options including redundancy packages or applying for jobs elsewhere in the company, Bloomberg reported on Thursday, quoting anonymous sources.

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