28 January 2009 19:37 [Source: ICIS news]
TORONTO (ICIS news)--US chemicals, coatings and glass producer PPG Industries may cut up to 4,500 jobs as it responds to the global economic downturn, according to a US news report on Wednesday.
The cuts would come on top of employment reductions, plant closures and restructuring that the company announced in September, the report by Bloomberg said.
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The report quoted PPG CEO Charles Bunch as saying that the job reductions would be decided later this quarter and would likely be focused on PPG’s automotive customer markets.
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