Govt to review steep petrol hike
India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure. Full Article
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Shell to cut 350-450 senior managers in overhaul - web site
LONDON |
LONDON May 30 (Reuters) - Royal Dutch Shell Plc (RDSa.L) plans to cut 350-450 senior management roles as it restructures to cut costs and improve operational performance, according to a website to which Shell employees post internal information.
The cuts represent almost 30 percent of Shell's "Senior Executive Group" layer of management, John Donovan, the operator of the Royaldutchshellplc.com website said. Earlier this week Shell announced a major restructuring but gave no targets for job or cost cuts. [ID:nLR946279]
The Royaldutchshellplc.com website was the first to reveal news of the planned restructuring.
Shell declined to comment. (Reporting by Tom Bergin, editing by Mike Peacock)
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