Bloomberg | Shell Cuts 2200 More Jobs to Withstand Lower-For-Longer Oil Bloomberg At least 5,000 jobs will be cut this year, the company said in an e-mailed statement. These reductions are in response to oil prices staying “lower for longer,” and as a result of the acquisition of BG Group Plc earlier this year, said Paul Goodfellow ... Oil Giant Shell Cuts Further 475 UK Jobs Shell to cut up to 475 North Sea oil jobs Oil giant Shell to cut 475 jobs from North Sea workforce |