Oil giant Shell has announced plans to shut its finance office in Glasgow.

It is understood the closure is being made following a review of the company's global operations and will put up to 380 jobs at risk.

A company spokesperson said the office will be closed during the first three months of 2018 and staff will be offered opportunities to redeploy to other business related operations.

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However, he added some staff members will likely face "involuntary severance".

"For Shell to remain competitive, difficult choices continue to have to be made to improve efficiency and value for money across all of our businesses and functions," the spokesperson said.

"Subject to employee consultation, we are proposing to close the Shell finance operations office in Glasgow and, over the next 15 months, move its activities to our other locations in our global Shell Business Operations network.

"This will result in a small overall reduction in the number of jobs in Shell's global finance operations. Employees currently based in the Glasgow office will likely face involuntary severance."

(LM/MH)