Financial Times FT.com

Shell shake-up to shed 5,000 jobs

By Adam Jones

Published: October 29 2009 08:15 | Last updated: October 29 2009 11:23

Royal Dutch Shell said on Thursday that a total of 5,000 staff would be leaving the Anglo-Dutch oil and gas group as part of a restructuring begun earlier this year.

It gave the update on job losses as it announced a decline in third-quarter profit that was a little smaller than analysts had, on average, expected.

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