Shell to cut 6,500 jobs

Shell to cut 6,500 jobs

Shell to cut 6,500 jobs Royal Dutch Shell is cutting 6,500 jobs this year as it tries to cut costs to offset a 37 per cent drop in quarterly profits. Capital investment will also be reduced by $3 billion to $30 billion. The company will be selling some assets but is going ahead with its $70 billion acquisition of the BG Group.