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Shell to cut thousands of jobs in 'evolution'

The supermajor has argued that a smaller business will help its short-term health and long-term transformation, with 7,000-9,000 jobs to go
September 30, 2020

Royal Dutch Shell (RDSB) has laid out its plan to be leaner and greener by 2022. The energy major will cut 7,000-9,000 jobs as part of a $2bn-$2.5bn (£1.5bn-£1.9bn) annual cost-saving plan. This is around 10 per cent of its current workforce, and includes the 1,500 employees who took voluntary redundancy this year. 

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