Chemours to slash workforce by 5% as part of cost-cutting measures
Published: Tuesday, 01 December 2015
The Chemours Co., the recent spin-off of global chemical firm DuPont, has announced plans to cut 400 positions globally in addition to around 200 positions at its Reactive Metals Solutions site in New York State as part of its plan to improve EBITDA and become more competitive as the pigment market remains weak.
Delaware, US-headquartered The Chemours Co. plans to reduce
its global workforce by around 400 positions, or 5% of its
employee base, as part of the company’s
transformation plan to streamline the business and cut
The headcount reduction will affect business lines and
functions and will be completed over...