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Oil giant Shell to axe 330 UK jobs due to covid restrictions - with thousands more to follow

Shell is preparing to cut 330 more jobs over the next two years as coronavirus continues to hit profits. The oil giant said it plans to shed a quarter of its workforce in Aberdeen by December 2022.

Around 330 jobs are to go from a total of 1330 over the next two years. It cited the switch to low-carbon electricity and the coronavirus pandemic for its decision.

The move forms part of wider plans to cut 9,000 jobs worldwide following a collapse in demand for oil following the first wave of global lockdowns.

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