Akzo Nobel Car Refinishes to restructure.Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. Car Refinishes, Arnhem Arnhem (är`nəm), Ger. Arnheim, city (1994 pop. 133,670), capital of Gelderland prov., E Netherlands, a port on the Lower Rhine. It is an industrial, transportation, and tourist center. , The Netherlands Netherlands (nĕth`ərləndz), Du. Nederland or Koninkrijk der Nederlanden, officially Kingdom of the Netherlands, constitutional monarchy (2005 est. pop. 16,407,000), 15,963 sq mi (41,344 sq km), NW Europe. , has announced that it will implement a major restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). plan to be conducted over 2004-2006. With a focus on realigning the business with changing market conditions, the proposed measures include the reduction of approximately 600 full-time jobs, or 10% of the global workforce. The company currently employs approximately 64,300 people in more than 80 countries and has stated that most regions of the world will be affected. Reportedly, discussions with all relevant parties regarding the restructuring plans have already begun. The company intends to use socially responsible methods to limit forced redundancies as much as possible. Akzo Nobel Car Refinishes supplies paint, decals, services, and software for car repair, commercial vehicle, and automotive markets. |
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