Oil giant Shell to axe 330 UK jobs due to covid restrictions - with thousands more to follow

mirror.co.uk:

Shell is preparing to cut 330 more jobs over the next two years as coronavirus continues to hit profits. The oil giant said it plans to shed a quarter of its workforce in Aberdeen by December 2022.

Around 330 jobs are to go from a total of 1330 over the next two years. It cited the switch to low-carbon electricity and the coronavirus pandemic for its decision.

The move forms part of wider plans to cut 9,000 jobs worldwide following a collapse in demand for oil following the first wave of global lockdowns.

Royal Dutch Shell said the cuts would be implemented by 2022 - it said it expects around 1,500 employees to take voluntary redundancy.