Billion-dollar savings program and further job cuts at BASF. The group's largest production site in Ludwigshafen is causing concern for the chemical giant.
The next CEO should ensure more profitability at the world's largest chemical company. It is still unclear how many jobs will be lost in LudwigShafen. Brudermüller also did not rule out the closure of further plants. The chemical union IG BCE criticized the new cuts. Instead of one austerity program after the next, investments in the future and a clear, forward-looking perspective are needed, warned Gunther Kollmuß.