@dg can AI dance. Eat lunch sharp 12, leave sharp 4.30, we are here to enjoy , so AI can never do this. I could smell jealousy
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shell trading is going to have a tough job when they have zero assets to trade with
oh well. big doofus wael sawan likes to run this place like a private equity shop. so nothing but fire everyone and sell everything to defend the bottom line despite record profits. invest 0$ back into the business. put it all into bonuses and stock buybacks which coincidentally pay him even more bonuses.
someone will buy the corpse of shell within 15 years and wael sawan will be why
Yes. Yes. Please be patient. HR is running a bit behind schedule. The layoff wave is currently still moving through the West, but STCB is still on the itinerary.
@a2 do tell. Why bad for the future of Shell? Lol.
@aq when was it announced , I did not hear such news at STCB
The entire DSW Upstream organization at STCB is being shuttered, impacting ~50 roles across managers to individual contributors. Impacted staff have been given the standard 6-month window to reapply.
This appears to be an early casualty of the broader P&T integration into business lines and the global capital discipline push that WS has been talking about in all his recent interviews. As corporate priority shifts heavily toward LNG, and Trading over long-horizon technology innovation, teams providing auxiliary asset support and R&D (Chemicals, Catalysts, Electrification, Digitalization) should anticipate similar headwind and headcount scrutiny irrespective of Houston, Amsterdam or Bengaluru.
More jobs coming your way STCB. NL/UK/US jobs are now posted as hybrid/all locations. So go figure where they will end up. Good news for you, bad news for (the future of) Shell.
Sorry to say it but I've seen the decline since 2017 with Footprint and Sourcing.