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re: Shell cuts dividend for first time since WW2

Posted on 5/1/20 at 7:58 am to
Posted by notiger1997
Metairie
Member since May 2009
61810 posts
Posted on 5/1/20 at 7:58 am to
quote:

Contractor or Shell employee?




Upstream has laid off a bunch of contractors, but no Shell staff yet.
Posted by Double Oh
Louisiana
Member since Sep 2008
24690 posts
Posted on 5/1/20 at 8:18 am to
Net income of 2.9 billion and they cut the dividend? Wow crazy ...
Posted by notiger1997
Metairie
Member since May 2009
61810 posts
Posted on 5/1/20 at 8:28 am to
Trying to plan for a rough year ahead. Trying to also not have to lay off much staff if any.

Smarter move a compared to Exxon who kept their dividend.
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