It is understood marketing staff at the global energy giant have already been informed of job cuts ahead of this week’s announcement of a restructure, which is being rolled-out ahead of chief financial officer Voser’s promotion.
Shell revealed yesterday (May 27) it is to create a new global business unit to manage the “design of all major new projects” for both its ‘upstream’ sourcing and production businesses, and its ‘downstream’ refining and retail operations.
It says this means ‘delivery on all major projects’ will be handled by the new unit rather than teams ‘embedded in the operating companies.’
The company also announced it is merging its three ‘upstream’ businesses which carry out exploration and production into two divisions – Upstream Americas and Upstream International.
The changes could affect up to 1000 of the 102,000 staff employed by Shell worldwide, according to analysts. Around 9,000 staff are employed by the company in the UK.
The company said in a statement the changes would deliver “a platform that should have fewer staff and less complexity” to create an organisation that is “ more focused, simpler, more cost-efficient, and conducts fasterdecision-making.