Chemical company Dow is cutting around 600 jobs in the Netherlands.
Article excerpt
Highlighted: the sentence this signal was extracted from
Chemical company Dow is cutting around 600 jobs in the Netherlands. Chemical company Dow is cutting around 600 jobs in the Netherlands. The company wants to save costs in this way. Today, the chemical company informed staff about the round of layoffs. Dow has been working on a global plan to reorganize the company for some time. It aims to reduce management layers and automate more processes. Worldwide, around 4,500 jobs are being cut, of which 605 are in the Netherlands. Dow has three factories in the Netherlands: in Terneuzen, Delfzijl, and Dordrecht. The largest factory is in Terneuzen, with 3,200 employees, making it a major employer in Zeeland. It is not yet clear at which locations jobs will disappear and how many there will be. In the coming weeks, the company will talk to the works council about the handling of the layoffs. It is also not yet clear which layers of the company the layoffs will affect, a spokesperson said. Much uncertainty. The works council is shocked by the large number of jobs being cut. "We knew something was coming. Honestly, I had hoped there would be fewer people. I am enormously shocked by the large number," says Marc Obrie, chairman of the works council of the factory department of Dow in Terneuzen. According to Obrie, there is now mainly uncertainty among the staff. "There is now clarity about the total number for the Netherlands, but...
Keep reading with a free account
The rest of this article, and every signal for Dow, is in your free account.
