Shell to axe 2800 jobs after BG takeover

Energy giant Royal Dutch Shell has announced it will be making approximately 2,800 job cuts globally following its takeover of rival BG Group. These job cuts are approximately 3% of the total combined group workforce.“Shell’s expectation is that BG’s business would be integrated into Shell's businesses. As part of that, Shell proposes that office consolidation will be undertaken where practical in certain locations around the world,” the company said in a statement.Marketing has reached out to Shell for more comments on how its APAC marketing team will be affected.In September, Shell Malaysia had announced that it would be making 1300 job cuts "to focus improving efficiency and removing complexity to become a more agile and competitive company."These reductions are in addition to the previously announced plans to reduce Shell’s headcount and contractor positions by 7,500 globally. The proposed changes are subject to deal completion, engagement with affected employees and relevant employee representatives.Meanwhile, the confirmation of BG Group’s takeover worth SG$117 billion came in following clearance from the anti-trust authorities in China, which removes the final regulatory obstacle for its deal.The clearance from China’s Ministry of Commerce follows similar approvals from the authorities in Australia, Brazil, and the European Union, Shell said in a statement.