Oh No! Chevron And Shell Set To Sack 8,000 Staffs


Heart breaking fear has gripped the Nigerian staff of two top multinational oil companies, Chevron and Shell, as the companies are set to layoff about 8,000 of their Nigerian employees.

New Telegraph reports that this is as a result of the recent losses experienced by the companies.

Further reports shows that managements of the two oil companies have begun to compile names of those who will be affected in Nigeria. This action, sources at the two oil firms said, was occasioned by earlier correspondences sent to managements of the company’s’ subsidiaries in Nigeria.

A Shell staff who pleaded anonymity wailed: “That is what everybody is talking about here”. “The situation is even worse for some of us who are non-technical staff,” his Chevron’s counterpart added. He continued: “Up till now we do not know how many staff in Nigeria will be affected but we are aware that the list being compiled has a mandate to include about 95 per cent of staff from finance: audit and accounting; human resources, government, public relations and communications among others. “The remaining five per cent will make up technical staff, who are due for retirement and those with incriminating memos in their files,” he said.

Chevron would axe 7,000 staff in addition to the 1,500 it announced early this year while Shell, according to reports, also plans to sack 1000 more staff different from the 6,500 it announced for sack in the first quarter.

Meanwhile Chevron took to their website to say that Nigeria “is an important part of Chevron’s business globally”, while Shell said it “produces substantial volume of its global output from Nigeria.”

Like Chevron and Shell, other international oil companies (IOCs) at the weekend posted unprecedented losses in the third quarter, which is the worst since the downturn started. The trio of Chevron, Shell and Eni, with heavy assets and production in Nigeria, posted $12 billion losses in three months as their outlooks dimmed.

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