Thread regarding Shell Oil layoffs

Reuters: Shell aims to beat power utilities at their own game

6/19/19 LONDON (Reuters) -Royal Dutch Shell wants to build a power business more profitable than the competitive sector's existing players, banking on its global scale and oil and gas income to maximize on the transition to cleaner energy.


So, they want to use the existing core business revenue to move them into where the company obviously thinks is the future of energy - electricity and other clean sources. That sounds like run and maintain current assets and model while quickly transitioning to a very something very different than a oil company. If your someone say in 30's - 40's and in any part of the the fuels orbit I would recommend keeping the dust off your resume or move into a growing piece of the organization. Shell has made it clear it intends to slim way down on refineries and has in fact sold many over the past 10 years with more on the table to be dispatched.

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Have there been layoffs at Shell in Europe and UK- their consultants perhaps?

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