BASF - Staff at the Main Plant at Its Lowest Level Since 1954
15 Articles
15 Articles
Teurer Jobabsorption: Chief Executive of Kamieth welcomes the debate on protection against dismissal. Sales, confidence and hunger for acquisitions are growing.
BASF has reduced the workforce at its headquarters in Ludwigshafen to under 30,000 full-time jobs – which is the lowest level since ... The post How BASF is shrinking to post-war size in Ludwigshafen and the chemical industry collapses appeared first on Apollo News.
In the course of its austerity program, the chemical company has already cut 7,000 jobs worldwide since 2024. Due to the Middle East war, on the other hand, it is currently benefiting from increasing demand.
In Ludwigshafen, 300 to 500 employees leave the company every month – "a necessary step", says the Group Executive Board.
BASF is on a austerity course: the number of full-time jobs in Ludwigshafen has fallen to less than 30,000 for the first time since 1954. At the same time, the Group raises its targets and wants to buy back shares - which is a good thing on the stock market.
BASF, a chemical company, has reduced the workforce at its headquarters in Ludwigshafen to the lowest level in more than 70 years.
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