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Chevron To Cut 500 Jobs From East Bay Corporate Offices
2015-07-31 04:47:59| Oil & Gas - Topix.net
Roughly 500 people working out of Chevron's corporate offices in San Ramon will be losing their jobs, a spokeswoman for the oil giant said today. The job reductions are part of a $1 billion cost-savings effort for the company, Chevron spokesperson Melissa Ritchie said.
Mondelez to axe 600 jobs in Chicago and invest $130m in Mexico
2015-07-31 01:00:00| Food Processing Technology
US-based confectionery company Mondelez International will cut 600 jobs at its Chicago plant and invest over $130m in new production lines at its plant in Mexico.
Centrica to cut 6,000 jobs and exit wind power business
2015-07-31 01:00:00| Power Technology
UK-based utility giant Centrica has announced plans to cut 10% of its staff and divest up to 1bn into wind power assets over the next two years, in order to focus on energy supply and services.
Shell to cut down 6,500 jobs this year, divest up to $30bn assets by 2018
2015-07-31 01:00:00| Hydrocarbons Technology
Netherlands based Royal Dutch Shell will be reducing its employee count by 6,500 this year, and speed up its spending cuts to cope with the falling oil prices.
Shell Cuts 6,500 Jobs and Slashes Spending on Prolonged Downturn
2015-07-30 20:39:01| Energy - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Royal Dutch Shell Plc said it's preparing for a "prolonged downturn" by cutting thousands of jobs and slashing billions of dollars in investments over the next two years.
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