February 6, 2010 7:30 AM
Shell to axe 1000 staff after 75% slump in profits.
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Oil giant Shell is axing another 1000 staff after revealing a 75% slump in profits. The multi-national's latest clear-out is on top of 5,000 redundancies announced by the firm last year.
Bosses were tight-lipped on where the latest cuts would fall but hundreds of UK workers lost their jobs in the last round. It comes amid fears for 900 staff at Shell's Stanlow oil refinery.
Source: The Mirror.co.uk
Total losses = 1000
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