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Shell announced plans to cut around 700 non-field jobs worldwide, accounting for approximately 8% of the total 8,500 positions involved in production and operations activities, in order to enhance efficiency and increase profits and returns. These steps are part of the company's effort to streamline its operations, especially following the restructuring of its business into two main sectors under CEO Mairead McAllister, aimed at improving financial performance and reducing debt, with a focus on the oil and gas sectors. The company confirmed that these adjustments may lead to job eliminations, task changes, or transfers, without expecting significant changes to the field teams.
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