BASF plans to cut 6,000 jobs from its global workforce due to decreased demand for chemicals.
BASF will cut 6,000 jobs across its global operations due to decreased demand for chemicals, according to an article from Bloomberg. The reduction reportedly represents about 5% of the payroll and will save the company 300 million euros ($341 million).
According to the article, BASF’s cuts come at a time when demand for chemicals is falling in industries ranging from automotive to electronics. BASF will reportedly make another 29,000 jobs more flexible by deploying engineers, digital experts and other employees to different sites as needed.
Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.
Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...
See how Rosemount™ 625IR Fixed Gas Detector helps keep workers safe with ultra-fast response times to detect hydrocarbon gases before they can create dangerous situations.
