Email this article from

Lanxess cuts 1,000 jobs in new restructuring


Thermoplastic and rubber materials producer Lanxess AG has announced a major restructuring which will lead to 1,000 jobs being cut at its worldwide operations by the end of 2015. The Cologne, Germany-headquartered group will exit from non-core elastomer and monofilaments businesses in the restructuring, which it hopes will achieve 100 million euros in annual savings.

To send to multiple addresses, simply separate each address with a comma. Example:, Please limit to a maximum of 5 recipients.