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Royal Dutch Shell Plans Job Cuts, Outsourcing Of 3,000 IT Jobs As Part Of Cost Reduction, Says WSJ – Quick Facts [RDS-B]

RTT NEWS NEW YORK: Global Financial Newswires

1/2/2008 12:55:05 AM Royal Dutch Shell Plc (RDS-B, RYDAF.PK) is finalizing details of a shake-up aimed at cost reductions, due to the impact of sky-high oil prices, the Wall Street Journal reported on Wednesday.

High oil prices, once a key contributor to the earnings growth of oil majors, are now hurting their margins, driving industry wide cost inflation.

The planned changes at Royal Dutch Shell include outsourcing about 3,000 information-technology jobs, cutting some finance positions, reshaping expatriate packages and restructuring Nigeria ventures. A Shell spokesman confirmed that the company is reviewing its IT unit’s future, the report said.

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1 Comment on “Royal Dutch Shell Plans Job Cuts, Outsourcing Of 3,000 IT Jobs As Part Of Cost Reduction, Says WSJ – Quick Facts [RDS-B]”

  1. #1 philbird
    on Jan 2nd, 2008 at 06:49

    DON’T DESPAIR – THERE ARE OTHER IT OPPORTUNITIES!

    I’m dreadfully sorry to hear the news about so many IT redundancies in Shell. Having been through this myself I know how traumatic it can be.

    However, I also know how many people can use this dramatic situation to their benefit.

    Is it time to work for yourself? Let’s face it, in this day and age it’s not really any more risky than working for a large corporate. Such stability is long gone.

    If you have IT support or management skills and you like the idea of being in charge of you own destiny then why not consider a franchise with The PC Support Group?

    For more information see http://www.itbusinessopportunity.com.

    If this isn’t right for you then I would still recommend considering doing something for yourself. Being made redundant forced me to start my own business and 7 years later I had 50 employees and a multi-million pound business!

    Good luck to you all and it really could be a happy new year for you after all!

    Kind regards

    Phil Bird

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