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DuPont to cut 1,700 jobs in Delaware

Published 2015-12-29, 01:15 p/m
© Reuters. DuPont to cut 1,700 jobs in Delaware
DD
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Dec 29 (Reuters) - Chemical maker DuPont (N:DD) Co DD.N said it
will cut 1,700 jobs in Delaware, as part of a plan to reduce its
workforce by 10 percent before its proposed merger with Dow
Chemical Co DOW.N .
The job cuts will be in the beginning of 2016, DuPont Chief
Executive Ed Breen said in a letter to the company's employees
on Tuesday.
The company said on Dec. 11 it planned to slash about 10
percent of its workforce of about 63,000 and take a pretax
charge of $780 million.
The combined specialty products business of the two
companies will be headquartered in Wilmington, Delaware after
the merger, Breen said in the letter.

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