Royal Dutch Shell to cut a further 1,000 jobs

Royal Dutch Shell has announced a further 1,000 job cuts on top of the 1,000 already slated to go this year.

The move, announced by chief executive Peter Voser as he unveiled the oil giant’s annual figures, follows the removal of 5,000 posts last year.

“The company had become too complicated and slower to respond than we’d like. So we are sharpening up,” he said.

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“The priorities are for a more competitive performance, for growth and for sharper delivery of strategy.”

Shell, which has 100,000 staff worldwide, gave no details on where the cuts would fall. It employs around 8,500 staff in the UK at sites including Aberdeen, London and the Stanlow refinery in Ellesmere Port, which is up for sale.