Layoff announcement
LANXESS layoffs: About 550 jobs
LANXESS announced a further reduction of about 550 jobs, roughly two-thirds of them in Germany. The specialty-chemicals company intensified cost reductions after weak sales and historically low capacity utilization.
- Reported cuts
- About 550
- Announced
- Country
- Multiple
- Location
- Worldwide, with roughly two-thirds in Germany
- Scope
- Global
- Industry
- Specialty Chemicals
Original reporting
