Oil Giant Shell to Cut Around 2,800 Jobs Amid BG Takeover

Royal Dutch Shell Plc said it would cut about 2,800 jobs to meet a pledge of reducing operating costs by $3.5 billion following its takeover of BG Group Plc.

That equates to 3 percent of Shell and BG’s combined workforce as The Hague-based company consolidates offices and its administration structure once the acquisition is completed, it said in a statement on Monday. The two companies both have offices in a number of countries, including the U.K., Australia and Brazil.

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