Shell to lay off 20% of deals division, part of restructuring

What’s happening at Shell?

Shell is reportedly planning to eliminate at least 20 per cent of its deals division as it restructures its business units.

According to Bloomberg, staff who handle mergers and acquisitions (M&A) for the energy producer were told that more information on the reduction will be provided in April.

The company’s deals division, which has several hundred employees, is the latest team to be hit with layoffs.

In January, multiple news outlets reported that Shell had begun cutting hundreds of jobs, including roles within its low-carbon solutions unit.

SEE ALSO
• TC Energy Layoffs: Jobs in Calgary and Houston primarily affected
• Enbridge cutting 650 jobs to ‘maintain financial strength’
• Canada Greener Homes Grant: Layoffs when program ends?

Shell Canada staff affected

Samfiru Tumarkin LLP has been contacted by several Shell employees — claiming that they are being let go.

Our experienced employment lawyers are following up with affected staff to better understand the situation.

According to the company’s website, it has approximately 3,100 workers in Canada.

Termination agreements for Shell Canada employees

In Canada, non-unionized employees at Shell are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.

This includes individuals working full-time, part-time, or hourly in Alberta, B.C., and Ontario.

People working “on contract” or as a contractor may also be owed severance pay — given that many employees in Canada are often misclassified as independent contractors.

Severance can be as much as 24 months’ pay, depending on a number of factors.

WATCH: Employment lawyer Lior Samfiru explains why you are still owed severance if you have been downsized on an episode of the Employment Law Show.

Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.

In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).

If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.

Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay.

LEARN MORE
• Rights to severance for provincially regulated employees
• Severance packages during mass layoffs
• Severance entitlements in a recession

Major layoffs continue

The reported job cuts at Shell come amid a flurry of layoffs in 2024.

Big names, including IBM, Electronic Arts, Rivian, Sony, Vice Media, BuzzFeed, Nike, Cisco, Catalent, Cascades, BlackBerry, PayPal, UPS, Microsoft, and Rona, have pulled out the axe as they continue to navigate challenging economic conditions.

SEE ALSO
• Lumentum layoff impacts 10% of global workforce: Reports
• Walmart Canada cuts jobs amid restructuring, shift to Spark: Reports
• Where are layoffs happening in Canada?

Lost your job? Talk to an employment lawyer

If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.

Our lawyers in Alberta, B.C., and Ontario have successfully represented tens of thousands of non-unionized individuals.

In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:

If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.