Download PDF

LyondellBasell to Eliminate 3,000 Jobs

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Post Views 1

LyondellBaselLyondellBasell, the world’s third-largest petrochemical company, will cut 3,000 jobs, or 17% of its workers, and reduce expenses by an additional $500 million by 2010.

Rotterdam, the Netherlands’ LyondellBasell, whose Houston-based US operations are under bankruptcy protection, will reduce its contract workers by 30%, or 2,000, and close 10 plants and 20 offices.

LyondellBasell started shuttering plants and cutting jobs late last year, and the process has accelerated.

LyondellBasell to Eliminate 3,000 Jobs by
Authored by: Harrison Barnes