Employment News
LyondellBasell to Eliminate 3,000 Jobs
By Erik Even | Dated: 04-09-2009
LyondellBasell, the world’s third-largest petrochemical company, will cut 3,000 jobs, or 17% of its workers, and reduce expenses by an additional $500 million by 2010.Rotterdam, the Netherlands’ LyondellBasell, whose Houston-based US operations are under bankruptcy protection, will reduce its contract workers by 30%, or 2,000, and close 10 plants and 20 offices.
LyondellBasell started shuttering plants and cutting jobs late last year, and the process has accelerated.
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