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Shell to cut 380 jobs in Glasgow finance office

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Rob Davies: Wednesday 16 November 2016

Oil giant Shell is to shift nearly 400 jobs overseas as it looks to shore up its finances against persistently low oil prices by hiring cheaper workers in the developing world.

The Anglo-Dutch supermajor told 380 staff at its finance operations in Glasgow that the office would be closed and they were facing “involuntary severance”.

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