We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
BASF AG | TG:BAS | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.53 | 1.09% | 49.37 | 49.32 | 49.42 | 49.42 | 48.645 | 48.98 | 127,715 | 22:50:04 |
By Pietro Lombardi
BASF SE will cut up to 2,000 jobs in its global business-services unit as it targets more than 200 million euros ($235.4 million) in annual cost savings.
The German chemical company said Tuesday that the cull will be completed by the end of 2022, and the annual cost savings should be achieved from the following year.
The unit --which provides services such as human resources, communication, as well as financial and logistical processes to the group's business divisions--currently has about 8,400 employees across the world.
The company will provide addition details on the plan in coming months.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10
(END) Dow Jones Newswires
September 22, 2020 09:36 ET (13:36 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year BASF Chart |
1 Month BASF Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions