Sector News

BASF to trim 200 jobs at coatings unit on global auto industry woes

June 14, 2019
Chemical Value Chain

German chemicals conglomerate BASF said it would cut up to 200 jobs at its coatings unit by the end of 2021, pointing to the downturn in the global car industry.

The job cuts at its site in the western city of Muenster will be reached through attrition and a volunteer programme, the company said in a statement on Thursday.

By Thomas Seythal

Source: Reuters

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