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.
Do you think Shell will pay American pensions?
I found out that the new employees no longer have a pension plan. They do however have a higher 401k match. I know a lot of us are waiting for the 80points to be accumulated even though we know we can get much better jobs outside Shell. But seeing... — read more
Taking a poll
Out of the 3 directorates, which one gets hammered on redundancies the most. P&T, Downstream/Power/RES, or IGU Cause the order I listed is my guess. Bonus question - announcement pre or post Christmas? I say pre
Shell Singapore - Will you Stay & Wait for Layoff or Leave?
Seems like most folks are taking the wait and see approach rather than abandoning ship. Which do you choose?
Open Enrollment - is the HDHP any good?
Got open enrollment. The premiums for the HSA/PPO seem really high. Is the HDHP any good? The deductibles seem as low as possible for HSA eligible HDHP. Does this still fully cover Centers of Excellence? That's a big benefit of the health plan.
Dismantling Ben's pipe dream ..... going in the right direction ....
Shell (SHEL) will lay off about 15% of the workforce in its low-carbon solutions division and reduce its hydrogen business, Reuters reported on Wednesday, citing the oil and gas company. Shell will eliminate 200 jobs next year and is reviewing... — read more
XOM and CVX making SHEL a laughing stock again.
Doubling down in Permian which Shell gave away at the low of the market and buying into Guyana which Shell gave away without even waiting for an exploration well because of complete incompetence in our E&P leadership at the time. Meanwhile energy... — read more
Quick
I wish you slugs would hurry up with your cuts, so Wally can buy an overinflated O&G producer….Valuations at an all time high. If you guys take too long with the cuts he might not get to pay top dollar!
Cuts, Cuts and more Cuts
CR announced a reorg, LCS announced a reorg and also IT. Who is next?
Shell back into shale in US
I hear Shell is thinking of getting back into shale in the US following XOM move to buy PXD. Any truth to the rumors ?
SPS 2023 is rigged
Results are adjusted as not to look that bad. Good source.
Energy transition
Some people argue that it is not reasonable to ask oil and gas companies to move away from fossil fuels unless there is a clear demand for renewable energy. They argue that oil and gas companies are businesses, and they should be free to produce the... — read more
Not a fan…
Of the leak, but love to see the healthy discussion. https://www.rechargenews.com/energy-transition/shell-staff-air-fears-over-renewable-energy-strategy-to-ceo-sawan/2-1-1525138 Also I don’t see this swaying the needed shift in strategy, I just... — read more
Countdown
Anybody have access to current FTE count? Of course Leadership keeps quoting the 93,000 number. But can we get an update as it’s whittled down?
When are we
…buying the next BG? I mean we’re a few years beyond dealing with the indigestion it gave us, like a python on the river bank that just ate a mammal almost too big. We should be ready to slither into position and pounce on our unsuspecting prey. ... — read more
Methanol?
Shell getting into the US Methanol market? Very few company's have Methanol plants. With the idea being “more” environmentally friendly (outside of hydrogen, ammonia, or carbon capture), Methanol seems to be on the uptick due to low cost to produce... — read more
New Orleans River District
I thought we were about to be done with the New Orleans office once and for all. As a Latoya-refugee, I sold my home in New Orleans when I moved to Houston ready to never return. But, on Wednesday, the SVP announced that Shell will occupy a majority... — read more