Chemours to slash workforce by 5% as part of cost-cutting measures

By Kasia Patel
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 costs.

The headcount reduction will affect business lines and functions and will be completed over...

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