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Letter to the Editor
Tuesday July 6
Akzo Nobel to Cut Jobs at Auto Refinishes Unit
Dutch chemical group Akzo Nobel NV has announced that it will restructure its car refinishes unit, cutting about 600 jobs in the process or ten percent of the division's workforce.The world's biggest maker of coatings, with brands such as Sikkens and Lesonal, said it would carry out the restructure during 2004-2006 and its focus would be on realigning the business with changing market conditions.
"Akzo Nobel Car Refinishes intends to limit forced redundancies as much as possible," the company said.
The unit supplies paint, decals, services and software for car repair, commercial vehicle and automotive markets.
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