Lanxess to cut 1,000 jobs as part of competitive drive
Published: Thursday, 06 November 2014
Following concerns that Lanxess could leave itself open to a takeover after poor profitability, the company is ploughing ahead to improve the competitiveness of its business to enable it to focus on growth again by 2016.
Speciality chemicals company Lanxess has said that it plans
to cut around 1,000 jobs by 2016 in an attempt to improve the
competitiveness of its business and its administrative
The affected jobs will be mainly in the administrative and
service units, marking and sales, and in research and...