Chemours (CC) Announces Next Steps in Transformation; Plans Headcount Reduction
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The Chemours Company Announces Next Steps in Transformation Plan
November 30, 2015 4:30 PM ESTWILMINGTON, Del., Nov. 30, 2015 /PRNewswire/ -- The Chemours Company ("Chemours") (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, announced today three actions integral to the company's transformation plan.
Chemours announced a global workforce reduction of approximately 400 positions, approximately 5 percent of its total employee and contractor base. This action is part of ongoing efforts to streamline and simplify the structure of the organization worldwide and to reduce costs. As a result of these actions, the company will incur a charge of approximately $45... More
