LyondellBasell to Shrink Global Staff from 17,500 to 14,500

04 Jun 2009 • by Natalie Aster

LyondellBasell plans to reduce its global staff strength across all divisions, across all parts of the country by 17% from 17,500 to 14,500. These layoffs are all part of a restructuring plan by the company to emerge from Chapter 11. The restructuring also includes shut down of many of the 60 facilities it operates worldwide.

Source: Plastemart