After the downward slide of oil price in
the International market, international oil firm, Royal Dutch Shell
says it is cutting down on 10,000 jobs. Chief Executive of the company,
Ben van Beurden, said this in a webcast on its 2015 fourth quarter and
full year results early on Thursday Feb. 4th
“We
are making substantial changes in the company, as we refocus Shell, and
respond to lower oil prices. As we have previously indicated, this will
include a reduction of some 10,000 staff and direct contractor
positions in 2015-16 across both companies.” he said
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