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Oil companies have to be doing something bad: Shell is cutting thousands of jobs

October 30, 2009 – 10:30 am – No Comment
Oil companies have to be doing something bad: Shell is cutting thousands of jobs

Royal Dutch Shell plc, or as many of us know it as, just Shell announced yesterday that it will have to eliminate 5,000 jobs due to the 62% drop in 3rd quarter net income.
It reported a net income of $3.3 billion or 53 cents per …