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Enterprise Watch: 10, 000 Shell Workers To Be Sacked Due To Failing Oil Price

News reaching us shows that due to the failing oil price in the International market, Shell - The Royal Dutch is downsizing on 10,000 jobs. Ben Van Beurden, CEO of the company, revealed this in a webcast explaining their full year results today. He said it like this:

“We are making substantial changes in the company, as we refocus Shell, and respond to lower oil prices. As we have previously indicated, this will include a reduction of some 10,000 staff and direct contractor positions in 2015-16 across both companies.” 


What can CEOs who are in Oil and Gas do to save our economy? It affects the rest of our businesses too. Any ideas?

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