Shell to cut jobs to cope with long period of cheap oil
Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.
Jul 30, 2015, 20:27 PM ISTShell Q2 net profit drops 37%, to cut 6,500 jobs this year
Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.
Jul 30, 2015, 14:04 PM IST