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Thursday, July 30, 2015

Shell and Centrica are cutting 12,500 jobs as oil prices fall - Jul. 30, 2015

Sinking oil prices have prompted another round of heavy job cuts.



Royal Dutch Shell (RDSB) will slash 6,500 jobs in 2015 as part of a cost cutting drive. Another British firm Centrica (CPYYF) will shed 6,000 jobs, partly due to a reduced focus on oil and gas production.



Shell and Centrica are cutting 12,500 jobs as oil prices fall - Jul. 30, 2015

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