Is there a chance it'll all be done in a single day?
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@bc they said they want 2 billion in savings. It’s not all staff cuts. There is a lot of real estate we don’t need as well. That being said I would expect more around 6k layoffs. That’s a 1/3 cut of employees. I also expect a cut in our health benefits. A salary freeze as well.
Seriously starting to sound like simple minded Ai questions..common knowledge in whichever news reports - Shell & Co..are looking to do "One and Done" . Read the news reports & stop asking silly qppuestions
sept 2024: ~500 Millions — 2k+ positions wiped-out.
Now ~2billion — 8k+ positions?
If you followed below threads and news articles, it's mentioned as single cut ( possibly a bigger one )