Shell to cut 400 Dutch jobs

Shell may scrap around 400 jobs in the Netherlands, mainly in the Projects & Technology division in Amsterdam and Rijswijk, the oil and gas giant confirmed on Monday. This round of layoffs will be part of measures taken in the last quarter of this year, ANP reports.

Some of the affected employees may be able to continue working in another division at Shell. The precise impact is not yet clear and it still has to be discussed with the central works council and trade unions, the company emphasized.

Last year Shell also cut hundreds of jobs in the Netherlands as part of a global restructuring in which over 10 thousand jobs were lost.

Union FNV is worried that these will not be the last job cuts at Shell, given the current low oil price. If oil prices remain at the current level, more layoffs will happen within two or three years, according to the union. FNV and CNV will discuss the matter with the oil company, though when this will happen is not yet clear.