Shell layoffs hit New Orleans as oil prices dive
By Jennifer Larino, NOLA.com | The Times-Picayune: 19 August 2015
Layoffs are starting to hit New Orleans as Royal Dutch Shell moves forward with plans to eliminate 6,500 jobs worldwide. The cuts come as Shell seeks to cut costs amid lower oil and gas prices.
Shell spokeswoman Kimberly Windon confirmed in an email the company has started to cut jobs at its New Orleans and Houston offices, though it is not providing a “specific breakdown of workforce numbers.”
About 2,300 Shell employees and contractors are at One Shell Square on Poydras Street, and the majority support Shell’s drilling and exploration operations in the deepwater Gulf of Mexico. Windon said the deepwater segment “continues to be an important part of the Shell global portfolio.”
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