Wednesday 27 January 2021

Shell cuts 900 jobs in the Netherlands as part of global restructuring

Shell’s technology centre in Amsterdam. Photo: Shell Media Library

Shell is cutting some 900 jobs in the Netherlands as part of its earlier announced global reorganisation, website Nu.nl and the Financieele Dagblad said on Wednesday.

The job losses, which do not include people working at petrol stations, will cut the company’s workforce in the Netherlands by some 10%, Nu.nl said.

The FD said it is unclear how many of the job losses will be compulsory. The company is currently appealing for people to take voluntary redundancy.

Shell said in September it planned to cut between 7,000 and 9,000 jobs by 2022 as part of an ongoing restructuring process to create a simpler, streamlined and lower-cost organisation.

By making the organisation simpler, Shell said it hopes to deliver annual cost savings of between $2bn and $2.5bn a year.

Shell currently has a workforce of 83,000 people, of whom around 10,000 are in the Netherlands, mainly at the headquarters in The Hague and at the Pernis petro-chemicals site.

Shell made a record loss in the second half of last year because of both the coronavirus crisis and continuing low oil price.

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