Oil giant SHELL set to reduce workforce to save cost

Oil giant SHELL set to reduce workforce to save cost …C0NTINUE READING HERE >>>

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with the matter said Friday.

The cuts will affect two units specialising in exploration and development of hydrocarbon extraction projects, with their workforces set to be reduced by 20 per cent, the source told AFP.

Offices in the United States and the Netherlands will be most affected, the person added, but the…

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