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Union says Olin’s $22 million cost-cutting study prompted plan to cut 19 Freeport jobs, violating labor contract and raising safety concerns
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2 Articles
Union says Olin’s $22 million cost-cutting study prompted plan to cut 19 Freeport jobs, violating labor contract and raising safety concerns
Olin Corp. plans to cut 19 operations jobs at its Freeport plant after a $22 million cost-cutting study, which the International Union of Operating Engineers Local 564 says violates their labor contract and threatens worker safety.
US tariffs, a sluggish economy, and the crisis in the Chinese real estate sector are causing problems for the specialty chemicals company. A cost-cutting program is already underway, but sales are still expected to decline initially.
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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