Shell has confirmed it plans to cut 15% of its low-carbon division workforce and make changes to its hydrogen mobility plans as it looks to boost profits.
Earlier today (October 25), Reuters, reported Shell confirmed staff cuts and organisational changes will come after Wael Sawan took to the role of CEO in January (2023) and promised to revamp the oil and gas major’s energy transition strategy.
A Shell spokesperson has now told H2 View, it will cut 200 jobs next year (2024) and has placed 130 positions under review as part of a plans to reduce headcount in the low-carbon business unit – but added some of those roles will be integrated into other areas of the company.
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