Shell to slash 10,000 workers after BG acquisition

The takeover of UK-based BG Group combined with Shell's efforts to improve its competitiveness will result in 10,000 employees being laid off, says Shell CEO Ben van Beurden.

Oil major Royal Dutch Shell's acquisition of British BG Group, expected finalized in the coming weeks, will result in 10,000 jobs being slashed at the company, explained Shell CEO Ben van Beurden on Wednesday in relation to the publication of the oil group's fourth quarter results, which shows a massive decline in profits following the falling oil price.

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