‘Tough Times’: Shell Announces It Will Cut 2,200 Jobs Worldwide as Oil Consumption Declines

By TheWorldNewsOrg
May 25, 2016 in Topics

Followers 0

Recommended Posts

Member

TheWorldNewsOrg

Posted May 25, 2016

Member

- Share

Posted May 25, 2016

LONDON (TheBlaze/AP) — Anglo-Dutch oil company Royal Dutch Shell says it will trim at least 2,200 jobs globally amid challenging times in the oil industry.

A Royal Dutch Shell petrol station is seen in Battersea on February 2, 2006 in London, England. Royal Dutch Shell’s released record annual profits for a UK listed company today at GBP 13.12bn (USD 22.94bn). (Photo by Bruno Vincent/Getty Images)

The losses are in addition to cuts already being implemented because of the energy company’s merger with BG. The losses will include some 475 positions in the North Sea.

The number brings the total number of Shell job cuts so far in 2015 and 2016 to 12,500. The company said that it will cut at least 5,000 jobs in 2016 alone, Bloomberg News reported.

Oil companies around the world are slashing jobs and postponing investments to adjust to lower energy prices. Prices have fallen because production remains high even as slower economic growth, particularly in China, reduces consumption.

Paul Goodfellow, Shell’s vice president for the U.K. and Ireland, told staff on Wednesday that these are “tough times for our industry and we have to take further difficult decisions to ensure Shell remains competitive through the current, prolonged downturn.”

“These are tough times for our industry,” Goodfellow said, according to Bloomberg News. “We have to take further difficult decisions to ensure Shell remains competitive through the current prolonged downturn.”

Link to comment

Share on other sites

Popular Days

May 25

1

Popular Days

May 25 2016

1 post

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

× Pasted as rich text. Paste as plain text instead

Only 75 emoji are allowed.

× Your link has been automatically embedded. Display as a link instead

× Your previous content has been restored. Clear editor

× You cannot paste images directly. Upload or insert images from URL.

Followers 0

Go to topic listing

Recently Browsing
- No registered users viewing this page.
Popular Contributors
- Week
- Month
- Year
- All Time
1. 1
  
  T.B. (Twyla)
  1
2. 2
  
  Anna
  1
3. 3
  
  in this night
  1
4. 4
  
  Arauna
  1
5. 5
  
  Thinking
  1
Show More
Topics
- 0
  
  Install Azure CLI on Windows
  
  Mic Drop · Started Thursday at 07:08 PM
- 0
  
  SQL command to see which version of SQL you are running:
  
  Mic Drop · Started Thursday at 07:07 PM
- 1
  
  the great tribulation and armageddon
  
  in this night · Started July 16
- 2
  
  Dendera zodiac
  
  The Librarian · Started December 19, 2022
- 2
  
  Algorand Partners With FIFA World Cup
  
  Mic Drop · Started May 3, 2022
Posts
- Install Azure CLI on Windows
  
  By Mic Drop · Posted Thursday at 07:08 PM
  
  https://learn.microsoft.com/en-us/cli/azure/install-azure-cli-windows?tabs=azure-cli The Azure Command-Line Interface (CLI) is a cross-platform command-line tool that can be installed locally on Windows computers. You can use the Azure CLI for Windows to connect to Azure and execute administrative commands on Azure resources. The Azure CLI for Windows can also be used from a browser through the Azure Cloud Shell or run from inside a Docker container. For Windows, the Azure CLI is installed via an MSI or a ZIP package, which gives you access to the CLI through the Windows Command Prompt (CMD) or PowerShell. When you perform an installation for Windows Subsystem for Linux (WSL), packages are available for your Linux distribution. See the main install page for the list of supported package managers or how to install manually under WSL. The current version of the Azure CLI is 2.62.0. For information about the latest release, see the release notes. To find your installed version and see if you need to update, run az version.
- SQL command to see which version of SQL you are running:
  
  By Mic Drop · Posted Thursday at 07:07 PM
  
  Select @@VERSION
- the great tribulation and armageddon
  
  By in this night · Posted July 16
- the great tribulation and armageddon
  
  By in this night · Posted July 16
  
  Hello ! - what is the most important event during the great tribulation? the answer is found in revelation 19:6
- Dendera zodiac
  
  By Cionweest · Posted June 26
  
  By the way, if you're into stuff like this, you might wanna check out https://thepythagoras.com/. They have some neat articles about ancient civilizations and their contributions to science and math. It’s really interesting how much we owe to these early thinkers.
Members
- lauleb 0
  Member
  Joined: March 20, 2023
  Last active: 12 minutes ago
Recent Status Updates
- DARLENE2022 » The Librarian
  
  Do anyone have the 2024 convention transcripts in Spanish
  
  Thursday at 03:23 PM · 0 replies
- Gilles h » jpl
  
  Bonjour mon frère
  J'espère que tu vas bien
  Aurais-tu les points actualités et culte matinal en transcription.
  Je te remercie d'avance
  Merci de partager avec nous
  Un très belle journée
  
  June 28 · 2 replies
- lauleb » misette
  
  merci pour ton travail très utile. tu es une aide qui fortifie
  
  May 20 · 0 replies
- Pamela Dunston » T.B. (Twyla)
  
  Hi, TB
  I would like to get the weekly meeting and watchtower materials and the 2024 convention
  Attend the 2024 Convention—“Declare the Good News!”
  notebook, I just recently got a new computer, If don't mind my brother to add me on and allow me access to our study again.
  
  Thank you, so much
  Sister Dunston
  
  May 5 · 3 replies
- SpiritualSister 24 » DARLENE2022
  
  Hello, Darlene, I just love your name, I had a cousin named Darline, and had a classmate also named Darlene! It's a pleasure to know another Darlene! Especially a Spiritual Sister! There's some websites, Ministry Ideaz , JW Stuff.com, and Etsy that I use to order my yearly buttons for the Conventions! They always send me what I order, and their also Jehovah's Witnesses, that send us the merchandise we order! You can check out these websites, and they might have what your looking for! I hope I have been helpful in assisting you, Darlene! Agape love, Shirley!😀
  
  April 25 · 1 reply
Forum Statistics
- Total Topics
  
  65.4k
- Total Posts
  
  159k
Member Statistics
- Total Members
  
  17,722
- Most Online
  
  1,797
  May 28
Newest Member
Gian
Joined 23 hours ago

Sign In

‘Tough Times’: Shell Announces It Will Cut 2,200 Jobs Worldwide as Oil Consumption Declines

Recommended Posts

TheWorldNewsOrg

Link to comment

Share on other sites

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Join the conversation

Recently Browsing

Popular Contributors

Topics

Posts

Members

lauleb 0

Recent Status Updates

Forum Statistics

Member Statistics

Browse

Activity

Important Information