Oil giant Shell announces shocking workforce reductions amid global economic uncertainties

  • Shell is about to implement a new policy that will cut jobs and save the company revenue
  • The company, however, disclosed that some staff will be offered packages or shifts to new roles
  • The oil supermajor seeks to reduce “structural costs” by as much as $3 billion by the end of 2025

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.

Global oil company Shell is implementing workforce reductions across multiple divisions as part of its cost-cutting and competitiveness improvement efforts.