Keyword: Job Cuts

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Huntsman to Cut 900 Jobs, Restructure Pigments Units

03.12.2014 - Shortly after the acquisition of Rockwood Holding's pigments businesses for $1.1 billion in October, US chemical producer Huntsman has announced plans to slash 900 jobs while...

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BASF to Cut Jobs in Care Chemicals

06.06.2014 - As part of a previously the ongoing restructuring of its Care Chemicals segment, BASF plans to cut around 120 jobs worldwide up to 2015. The efficiency scheme, which will hit some...

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Drugmaker Eli Lilly to Cut 1,000 U.S. Sales Jobs

12.04.2013 - Drugmaker Eli Lilly plans to lay off about 1,000 domestic sales representatives, or 30% of its U.S. sales force, as it faces new generic competition for its top drugs, a person...

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BASF Combines Businesses for Water, Oilfield and Mining Solutions

27.03.2013 - BASF will combine its businesses with water solutions and oilfield and mining solutions effective April 1, 2013 The new global business unit will be located in Ludwigshafen...

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AstraZeneca to Axe 1,600 Jobs in Overhaul of Drug R&D

18.03.2013 - AstraZeneca is to cut around 1,600 jobs as it overhauls research operations and consolidates drug development work in three major centres in Britain, the United States and Sweden...

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Medtech Companies Face Job Cuts

21.12.2012 - The U.S. medical technology industry, once a haven for secure, high-paying jobs, is blaming a new tax meant to help fund the Affordable Care Act for upcoming layoffs. But even if...

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Switzerland's Lonza to Cut 500 Jobs

31.10.2012 - Swiss drugs industry supplier Lonza plans to cut 500 jobs, including 400 at its main plant in Visp, to improve profitability as it grapples with price pressures, a strong Swiss...

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Dow Chemical to Take Q4 Charge of up to $1.1 Billion

30.10.2012 - Dow Chemical will take a fourth-quarter charge of as much as $1.1 billion related to last week's announcement that it will close 20 plants, write down the value of its lithium ion...