New structure to boost growth / Adjustments will cost 1,000 jobs / Focus on three businesses
After years of upheaval that among other things included divestments and failed joint ventures and with at least one further asset sale ahead of it, Swiss speciality chemicals producer Clariant is adapting its corporate structure to its reduced size. Under a readjustment scheme over the next two years it plans to shed 1,000 jobs in services and regional structures. The group had said earlier it planned to trim staffing levels by 600 up to the end of 2021 as part of an efficiency scheme designed to... (30.11.2020)