Royal Dutch Shell Group .com Rotating Header Image

Oil & gas: 50,000 UK jobs could go

Recruiter

Figures from trade body Oil & Gas UK suggest that the number of wells drilled in the North Sea could be a third of last year’s total of 109. The body blames the combination of decrease oil prices and increases in tax.

James Beazle, director of energy recruiter Six Recruitment, told Recruiter: “As prices drop this is going to happen. Because of the oil price in the last two years there had been a frenzy in hiring and now there has to be an element of looking at whether they are needed,” adding some of the cuts were part of a normal review taken by the companies at this time of the year.

A leaked email posted on protest site www.royaldutchshellplc.com said the company was going to “ruthlessly review third party costs”, as it prepared for the coming year.

Beazle said: “We knew this was coming, it’s no surprise. Within the sector there are a lot of companies looking to strip costs at the moment and there’s been figures of 10 or 20%, that will mainly come from contract staff.”

The email also stated there would be “no increase in contractor staff rates” and a “review necessity of contract staff as contracts expire”.

SOURCE ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Comments are closed.

%d bloggers like this: