Does it make any sense at the moment? With the announced layoffs I've read about in M&A and other groups, do you expect a hiring freeze across other departments. I've seen job postings, but had no traction with apps, even with the introductory HR... — read more
Layoffs in M&A
finally. Giving the many missteps and poorly time decisions they have done along with strategy in the last few decades it is about time to clean house on this one ......
Woodcreek: Bad Food Restaurant!
I think I’ve had mild food poisoning from eating in the cafeteria at least a dozen times this past year. “Fool me once” and all that.
Kudos to Wael
I continue to be impressed by Wael Sawan's approach as CEO. His unapologetic focus on profitability over the past year has been very welcome. An intentional shift away from questionable "green energy" strategies such as retail power in Europe/UK... — read more
Squeezed out
Looks like Jesse Stanley got squeezed out.
IT getting a reorg
When where and how many
Rich Howe DW Community Town Hall
What is everyone's thoughts on his Townhall a few weeks back!? I found it invigorating. I missed it in person but watched it today instead of going to the Shell USA one. ..I actually enjoyed it.
More layoffs coming?
With consultants in the mix, I can only expect “right-sizing”, “efficiency drive”, or whatever is the fancy term these days for good old “getting a boot”.
Today’s ceo webcast
Let’s see what happens…
Layoffs today
10 people cut from our department today. Anyone else? Formal announcement this week. I assume tied in with Wael all hands meeting on Wednesday…
Shell Catalyst and Technology
Shell decided to close the Pittsburg plate with a tentative closing date of Dec 31 2024.
Wael Visits India
What does this mean… Largest global workforce shell is in india.
Shell Staff Nigeria Deteriorating Security Situation and Company Seems Blissfully Unaware
Protests across Nigeria. Security situation worse by day. Bizarrely company is not doing anything despite security problems being raised by Embassies and NGOs. Currency has collapsed 50% since beginning of year and getting worse by day. You like to... — read more
Shell Transfers 21,500 Retirees’ Pensions to Prudential
“The $4.9 billon transfer from the oil company's U.S. subsidiary is among the first large pension risk transfers of 2024.” - Plansponsor, Feb 7 The transfer is 21,500 retirees’ pensions out of 26,536 total pensioners. Just offloading the remaining... — read more
Severance Amount
For those impacted, will the severance be 1 week per year as stated in the SPD or will it be the 3 weeks they have been giving the past few layoffs?
Rehire after layoff & severance?
If I take the severance, can I ever be re-hired by Shell? Seeing some alarming reddit posts that say I cannot.
ageism
I see worked over 50 treated not so great. do you see this too?
Netbenefits implied salary is live
Looked at the insurance benefit in NB today and it looks like the coverage as a multiple of annual base salary has been updated. What are you all seeing in terms of an increase from last year? 8% here, JG4, close to 100% PIR
Latest announcement
How is this impacting Singapore? Will firing starts even before sale.
Any new info on layoffs?
I have seen that LCS, Chemical and Products Commercial, Corporate Relations and Legal have been affected. Anybody else? Do we know how many people? What's the situation with severance? When will this end?
Need new leaders and clearer direction
I understand all the corporate communications are meant to pull/fool investors but it really does not add value to Shell staff if Wael stays with his performance, discipline and simplification spiel. Anyone in Shell is competent to do this and are... — read more
Any layoffs update?
Any new info on layoffs? Who else beside low carbon unit guys is being sacked? I feel like I have been living under a rock since December, I haven't heard much. Instructions are coming this week. Are some already in?
Let's play - Guess the Q4 BPF
As of Q3 we were sitting at 1.45 but since then there have been write down announcements and oil price changes etc. What's your best guess for Q4? Winner gets bragging rights
Shell initiates job cuts to boost performance
https://www.meed.com/shell-initiates-job-cuts-to-boost-performance
New IPF system su-ks
Preaching to the choir, I know. The thing that bothers me the most about the new ranking system is I have NO IDEA where I rank among my peers when I get “Strong” year after year with little feedback from line manager other than trite BS like “keep... — read more
SPDC Sale to Renaissance…lay-offs imminent?
Any news on the SPDC Sale to Renaissance…lay-offs imminent?
Board is quiet considering the mass layoffs in Q1
Just surprised how quiet this board has been considering the number of layoffs in the pipeline (No pun intended). I know Chemicals US have new org charts out already but still nobody is posting. Jiffy Lube is in the middle of a reorg but nobody is... — read more
Raises?
What is the anticipated pay raise this year?
Sparta FID
Maybe this will help slow any potential layoffs in the next few years. Thoughts?
No Severance this time?
There is a rumor that with the upcoming staff cuts the typical 3 weeks per yr of service wont be offered and only the legal minimum would be.. Also no volunteers either, they will tell you that you have been cut... Very different from past reorgs... — read more
Layoffs
I think it can't be more clearer than this. P&T org wide restructuring is evident. Has anyone watched Robin's talk in P&T leadership forum? I am afraid how SEAM gets affected.
“Engineers” from India
Shell is bringing the Indian “engineers” to North America as Expats, as well as in local terms. Are they cost effective?? I am not sure. Anybody any comment??
P&T Reorg
Any leaked news on the P&T reorg??
LNN NL
Does anyone know the salary range of JG5 in Rotterdam Weena? Considering a sideways move on a LNN. Is it worth it and safe to move under current situation? Our division comes under P&T and this is supporting chemicals business but advising Trading &... — read more
Forum Activity
Given what’s coming, this board should be way more active. The EVPs and Directories keep checking to see how much leaked out and you guys are making them think it’s a tight ship given the lack of posts disappointing
Shell Recharge Solutions opinion
Hello,l have received an offer from Shell recharge based in Amsterdam but they have their own people's policies and bring in ppl with 1 yr contracts. Given cuts in Low carbon and other sectors, recent conversation with Wael is it really safe to move?... — read more
Shell's Stock Is a Better Investment Than Many Potential Deals, Its CEO Says
No sh-t sherlock. You can get rid of 90% of strategy and new business development given the horrible deals and non-decisions in the past ......
Layoffs
Anyone outside of North America, get the news letter from Machteld stating layoffs are coming. Maybe not "an organization-wide restructuring". Just different assets, and teams.