In an effort to reduce costs, increase efficiency and improve communication, Witco is implementing a corporate restructuring program to recast the company along product lines. Witco will consolidate its core divisional management with executive management into one location - a world headquarters located near New York City. The company will transfer functions previously handled at its NYC office and Woodcliff Lake, NJ office to the new site, yet to be chosen. Affected by the move will be management and selected staff groups from 01athe, KS; Memphis, TN; Dublin, OH; Houston, TX; Oakland, NJ; Melrose Park, IL; and Bradford, PA. Witco will close the Dublin office and some facilities at other locations during the second half of 1993, when the move is expected to take place.
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|Title Annotation:||undergoes restructuring along product lines|
|Article Type:||Brief Article|
|Date:||Jan 1, 1993|
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