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|07-30-2015, 08:00 AM||#1|
Join Date: Nov 2008
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Shell to cut thousands of jobs to cope with long period of cheap oil
Shell expects to eliminate 6,500 staff and contractor positions this year as it seeks to reduce operating costs by 10 percent, the Netherlands-based company said Thursday. The company also plans to reduce capital investment by $7 billion, or 20 percent.
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