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Shell Shock: Oil Giant Slashes Workforce In Cost-Savings Push At least 20% of jobs in the deals team will be eliminated as the firm seeks to reduce costs by restructuring its business units. (Bloomberg) Several hundred staff were told there would be a huge reduction in numbers… https://t.co/i7fqj7wGXl
Oil major Shell is planning to cut at least 20% of jobs in its deals team
Shell to cut about 20% of jobs in deals team, Bloomberg News reports https://t.co/BkPEGCvPeR https://t.co/pzUvwawI9U
Several companies including Lumentum, Catalent, Target Corporation, Nordstrom, and Shell are undergoing layoffs in the Bay Area and beyond, affecting hundreds of employees. The layoffs are part of broader restructuring efforts to reduce costs and reshape business units.
