DuPont Layoffs Job Cut: may fire 2000 more employees: Finance Trading Times

DuPont Layoffs Job Cut: may fire 2000 more employees

The news is not good for the employees of the DuPont Corporation, as the organization may be going for job cuts. Though teh first quarter results were profitable, the company is taking caution. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the DuPont Organization, which may be going for layoffs. DuPont Logo
How many employees may be fired in the DuPont layoffs?
As per the reports, there can be around 2000 more layoffs by DuPont. This will be in addition to 2500 layoffs already done by the company. Also, it said that 10,000 contractors would loose the jobs.

What is the total no. of employees of DuPont?
The total no. of employees of DuPont is not known as of now.

What will be the cost and savings by DuPont layoffs?
No info about the savings to be made.

When will the DuPont layoffs happen?
No conrete information is available about the dates.

Which locations and department of employees will be affected by the DuPont layoffs ?
There is no information specific to the location and departments.

What is the primary reasons for DuPont layoffs?
There has been a huge decline in the demand from the customers of DuPont - both corporate as well as individuals. The company is taking extra care in making future plans. The competitor companies like Dow and Huntsman Corp also laid off employees.

Any other news about DuPont layoffs
As per Yahoo, DuPont said a sharp drop in global industrial demand pushed its first-quarter profit down by 59 percent.
Let's hope that alternative jobs are available to the affected employees of DuPont Layoffs Job Cut
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer