Financial Times FT.com

Shell set to unveil job cuts

By Ed Crooks

Published: September 4 2009 20:47 | Last updated: September 4 2009 20:47

Royal Dutch Shell, Europe’s biggest oil company, is beginning a series of announcements about job losses as it extends the cost-cutting programme launched by Peter Voser, the chief executive who took over at the beginning of July.

The cuts are expected to run into the thousands, after 150 out of 750 senior managers lost their jobs in the first phase of the restructuring, known as Transition 2009.

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