Shell lowers investments and cuts 6500 jobs
Shell projects cost reductions for a total USD 4 billion a 6,500 jobs axed.
BY RITZAU FINANS
Oil major Royal Dutch Shell is working hard to secure cost reductions in 2015, as the company projects savings of around USD 4 billion and the removal of some 6,500 jobs. Projected investments for 2015 have also been reduced further in comparison to the most recent forecast in April.
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