Shell Job Cuts Spread as CEO Sawan Targets ‘Leaner’ Operations

Shell Plc has begun cutting jobs beyond previously announced reductions in its low-carbon division as Chief Executive Officer Wael Sawan seeks to trim costs and be more competitive with US rivals, people familiar with the matter said.

Roles are being eliminated on a division-by-division basis, with those affected offered options including redundancy packages or applying for jobs elsewhere in the company, according to the people, who asked not to be identified discussing non-public information. Shell declined to comment on the number of jobs involved. The company laid out a plan to investors in June to reduce “structural costs” by as ...