BASF: Reduction of 6,000 positions worldwide until the end of 2021
As part of an organisational realignment, BASF will reduce its workforce by a total of about 6,000 positions until the end of 2021. As a result, the company expects savings of EUR 300 million as part of the ongoing excellence programme, which is anticipated to contribute EUR 2 billion to earnings annually from the end of 2021 onwards.