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Low oil forces Shell Houston reshuffle

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Written by Rita Brown – 21/09/2016 7:00 am

screen-shot-2016-09-09-at-20-58-10Shell has made plans to move the bulk of its staff out of its historic Houston base.

The company informed staff that more than 3,400 workers would be relocated from its base in the Houston Central Business District to its facilities on the west side of the city.

Shell’s base, known as One Shell Plaza, was completed in 1971. At the time it was the tallest tower in the city. A spokesperson confirmed that only staff in trading will remain at site, which makes up part of the downtown Houston skyline.

A statement read: “I wanted to inform you of an announcement made to Shell staff today regarding changes to our real estate portfolio.

“In an effort to meet the ever changing market conditions and optimize resources for future opportunities, Shell will move all staff in the Houston Central Business District, with the exception of those in Trading, to Shell-owned facilities on the west side of the city, including both Woodcreek and the Shell Technology Center. The changes will be taken into effect the first quarter of 2017.

“Shell values our position and presence in the Houston area – for our ongoing business, offshore and onshore training needs, and long-time relationships in the community. Houston also remains critical to our core business; it’s where we have much of our expertise, including engineering and operations support, as well two technology/research centers.”

It comes after the firm made redundancies in Norway. Read more here.

SOURCE

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