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BASF to Cut 2,600 Jobs After a Year of High Energy Costs

The German chemical giant blamed a drop in profits on stubbornly high natural gas prices and shifting global demand.

Melissa Eddy
Author: Melissa Eddy

Written by

Melissa Eddy

in

Europe, Germany, Labor and Jobs, Layoffs and Job Reductions, Ludwigshafen (Germany), Natural Gas, Russian Invasion of Ukraine (2022), Shortages
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