Bayer and Shell are both initiating significant job cuts as part of their respective strategies to streamline operations and enhance performance. Bayer has reached an agreement with employee groups on a restructuring plan that includes job reductions. Concurrently, Shell has commenced the process of eliminating hundreds of jobs, targeting positions in its low-carbon solutions and corporate affairs units. The job cuts at Shell are part of a broader push to increase efficiency, as indicated by the company's new CEO who has pledged a 'ruthless' focus on performance.
Shell Begins Hundreds of Job Cuts in Push to Boost Performance Staff in low-carbon, corporate affairs units told of cuts CEO Sawan promised a ‘ruthless’ focus on boosting performance #oott https://t.co/l5wN58qnnq
Shell Begins Hundreds Of Job Cuts In Push To Boost Performance - BBG https://t.co/o322TuNVPN
Shell has started to make hundreds of job cuts, with positions in its low-carbon solutions unit among the first to be eliminated https://t.co/aWPdTVBVxh
Shell has started to make hundreds of job cuts, with positions in its low-carbon solutions unit among the first to be eliminated https://t.co/zMNZKTw0AL
Bayer Unveils Significant Job Cuts as Part of Broader Revamp https://t.co/SnaOq2ePXp
Bayer has agreed with employee groups on a plan to cut a significant number of jobs as the company looks to streamline operations and improve its performance https://t.co/BXhEtPlD4m