Akzo Nobel's Auto-Refinish Business Announces Plans for ‘Major Restructuring'
ARNHEM, The Netherlands - Akzo Nobel Car Refinishes announced plans for a "major restructuring" to be carried out over the next two years, a program that the company said will result in the reduction of approximately 600 employment positions, or 10% of the business's global work force.
The company provided no further details except to say that the program will affect the business's operations in "most regions of the world."