Shell to cut up to 9,000 jobs

Downsizing: Shell began the downsizing process in May, when Van Beurden told staff in a memo that it was reshaping the company to make it leaner and more resilient and that there could be redundancies in the second half of the year. — AFP

THE HAGUE: Royal Dutch Shell Plc will cut as many as 9,000 jobs as Covid-19 precipitates a companywide restructuring into low-carbon energy.

Job reductions of 7,000 to 9,000 are expected by the end of 2022, including around 1,500 people taking voluntary redundancy this year, Shell said in a statement.