DuPont to Cut 1,500 Jobs

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Chemicals maker DuPont Co. said on Wednesday it plans to cut 1,500 jobs and close four facilities in Europe as it restructures its performance coatings business. The company also raised its earnings outlook for 2006.


In addition to the job cuts – most of them in Europe – DuPont said it plans to consolidate manufacturing and technical assets and tailor market strategies to key customers and segments.


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