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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.

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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.

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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.

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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.

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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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