Job cuts begin at Royal Dutch Shell

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The Independent Online

The Royal Dutch Shell group is expected to announce on Wednesday a reorganisation programme that could trim the 2,400-strong workforce at the Hague headquarters of the Royal Dutch arm by 600 jobs. Substantial job cuts at the Shell headquarters in London are also likely as part of a planned streamlining of the oil group's Dutch and British head office functions. A Dutch newspaper, Het Financieele Dagblad, quoting an unnamed source, said Royal Dutch hoped to reach its target by offering staff early retirement and by helping them to find new jobs, rather than compulsory redundancies.