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People & Business :: People/Executives

March 3, 2008

Henkel to Cut Jobs, Sell Ecolab Stake

Chemical Week Editorial Staff

Baker: Ecolab share buyback possible. Henkel says it will shed about 3,000 jobs, about 6% of its total workforce, as part of a global cost-cutting initiative. The company cites “changing market conditions, especially with regard to ever stronger...

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