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World

BASF to Cut 2,600 Jobs After a Year of High Energy Costs

February 24, 2023February 24, 2023MELISSA EDDYComments Off on BASF to Cut 2,600 Jobs After a Year of High Energy Costs
The German chemical giant blamed a drop in profits on stubbornly high natural gas prices and shifting global demand.
Tagged BASF SE, Europe, Germany, Labor and Jobs, Layoffs and Job Reductions, Ludwigshafen (Germany), Natural Gas, Russian Invasion of Ukraine (2022), Shortages
MELISSA EDDY
https://www.nytimes.com/pages/world/index.html?partner=rss&emc=rss

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