Posted by John Donovan: 21 Dec 2023
In a dazzling display of corporate acrobatics, Shell Plc is now playing a thrilling game of ‘musical chairs’ with its employees’ jobs. Under the leadership of Chief Executive Officer Wael Sawan, Shell is not just trimming the fat; they’re going full keto on their workforce.
Sawan, who apparently moonlights as a ruthless efficiency wizard, is gallantly leading the charge to make Shell as lean as a starved chameleon, blending seamlessly with U.S. rivals in the corporate jungle. The plan? Wave goodbye to more jobs.
The method is simple and elegant: eliminate roles division-by-division, serving up a smorgasbord of redundancy packages, or the chance to play job roulette elsewhere in the company. Shell, in a stroke of modesty, declines to comment on the number of jobs at stake. After all, who’s counting when you’re on a mission to slash “structural costs” by a cool $3 billion by the end of 2025?