Dulux Owner AkzoNobel to Cut 2,000 Jobs Globally
The Dutch paint manufacturer aims to streamline operations and offset rising costs by the end of 2025.
- AkzoNobel's job cuts will affect over 5% of its 35,700 global employees.
- The company plans to complete the redundancies by the end of 2025.
- The restructuring aims to enhance efficiency and agility in volatile markets.
- AkzoNobel has reported a 25% increase in pre-tax profits in the first half of the year.
- The firm has operations in 150 countries, including 3,500 employees in the UK and Ireland.