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BASF to invest €1.5 - €2 billion annually in Ludwigshafen plant, no job cuts at plant until 2028
16 Dec 2025 07:37 GMT
German chemical MNC BASF has committed to investing between €1.5 billion and €2 billion annually in its Ludwigshafen site as part of a new five-year site agreement signed with employee representatives on December 15, 2025. The investments are intended to …
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Why some Chattanooga area companies did not provide notice of 2025 layoffs
01 Jan 2026 19:01 GMT
… with the state, like Wacker Chemical Corp., which cut 90 workers … many workers would see their jobs cut, said BlueCross spokesperson John Hawbaker …
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Wacker to cut jobs
02 Dec 2025 21:44 GMT
Wacker Chemie has launched a project called PACE “to make significant cost savings in its production environment and administration set-up”. This comes in response to economic pressures that have already ensured the company will lose money this year.
The …
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US companies step up job cuts amid uncertain economy
26 Nov 2025 17:21 GMT
… diverse sectors are accelerating job cuts this year, extending … so far:
Resources
Eastman Chemical (November): About 980 jobs … Service (October): 48,000 job cuts; details undisclosed.
Consumer … IBM (November): Thousands of job cuts; exact figure not confirmed. …
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[FULL LIST] European Companies Cut Jobs In Response To Slowing Economy
25 Nov 2025 15:58 GMT
… companies have frozen hiring or cut jobs this year, citing difficult … the previously announced 5,000 job cuts in Germany.
* MAN: … Swiss industrial and construction chemicals maker said on October … years, including 2,800 job cuts announced in 2025.
CONSUMER …
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The chemical-pharmaceutical industry is on a difficult path
11 Dec 2025 07:00 GMT
… exhausting year. The situation for chemical and pharmaceutical companies has also … to further job cuts.
The VCI expects production in the chemical-pharmaceutical industry … strategically important sectors such as chemicals and pharmaceuticals: This will enable …
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Job cuts surge as Japan Inc rebalances ageing workforce
14 Nov 2025 02:02 GMT
… such as Mitsubishi Electric, Mitsubishi Chemical Group and Meiji Holdings are … 77 per cent of the job cuts came from those firms, the … and Olympus are among those cutting jobs despite healthy earnings. BLOOMBERG
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U.S. Job Cuts Surpass 1M in 2025, Chemical Industry Feels Impact
08 Nov 2025 05:08 GMT
… based employers announced 153,074 job cuts in October, up 175% … 2024.
“The pace of job reductions in October was significantly higher … factor in 31,039 job cuts across all industries in … chemical industry has also been affected, with 2,800 job cuts reported …
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Major universities facing weeks-long strikes as job cuts deepen
30 Oct 2025 15:01 GMT
… senior leaders clash over deepening job cuts.
Staff at the University of … Geography, Geology and the Environment, Chemistry and History, Film Studies and …
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Report: GM to Cut Jobs at Ultium Plant in Lordstown
29 Oct 2025 18:44 GMT
LORDSTOWN, Ohio – General Motors Co. plans to cut 550 jobs at its Ultium Cells plant here, with another 850 on temporary layoff, the Detroit News reported Wednesday morning.
Ultium, a joint venture between GM and Korea-based LG Energy Solution, …