04.01.2015 - The Du Pont plans to lay off 1,700 workers
The company Du Pont announced plans to cut 1,700 jobs in Delaware under the program of reducing the costs of 700 million dollars before the merger with Dow Chemical. The companies plan to consolidate their research departments and to move corporate functions to other locations closer to consumers. As a result of the merger the company plans to save about $ 3 billion. We appreciate this move, but in the nearest future Du Pont shares may continue to fall.