The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Mining / Quarrying 06 - Extraction of crude petroleum and natural gas 06 - Extraction of crude petroleum and natural gas 06 - Extraction of crude petroleum and natural gas
5,000 jobs Number of planned job losses
Announcement Date
29 October 2009
Employment effect (start)
1 November 2009
Foreseen end date
31 December 2009
Description
On 29 October 2009, oil company Shell announced that in the remaining months of 2009 5,000 jobs will be scrapped worldwide. 800 of the redundancies will occur in the Netherlands. Especially managerial employees will be hit by the restructuring. Some 15,000 job functions will be changed or scrapped. These employees will have to apply for a new function, eventually resulting in a loss of 5,000 jobs.
Sources
30 October 2009: De Volkskrant
Citation
Eurofound (2009), Shell, Internal restructuring in World, factsheet number 69776, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69776.
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