BASF to cut 2,000 jobs by end of 2009.BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida has announced that it intends to cut at least 2,000 positions by 2009 as it sees no shift in the current trend and as demand weakened weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak  en·er n. further at the start of the year. Quarterly sales fell 23.3% to 12.22
billion [euro] compared to Q1 in 2008.
"In times of crisis, swift and decisive action is important," said Jurgen Jurgen regaining his lost youth, he has strange “adventures with a host of mythical persons. [Am. Lit.: Jurgen in Magill I, 464] See : Fantasy Jurgen Hambrecht, BASF chairman. The company said that cost reduction and efficiency programs are being implemented "rigorously and rapidly," confirming it will restructure and, where necessary, close or sell plants and sites that cannot ensure the company's long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. competitiveness. |
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