Thursday, October 29, 2009

Shell Cuts Jobs Amid Falling Profits

Royal Dutch Shell is cutting 5,000 jobs as its profits take a dip.

Europe's largest oil company made the announcement as it reported a 62% drop in profit for the third quarter due to lower oil prices.

Shell's net profit was still $3.25 billion, down from $8.45 billion in the same period...

Visit Clean Skies for the full story.

No comments:

Post a Comment