DuPont Raises Number of Jobs to Be Cut
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DuPont Co. said it will cut more jobs than it announced in April as demand slows for consumer and industrial products in the U.S. and Europe.
The Wilmington, Del.-based chemical company said eight weeks ago that it planned to reduce its work force by 4,000, or 4%, and to cut 1,300 contract workers. The company, second in sales to Dow Chemical Co., said it will provide details about the reductions when it announces second-quarter earnings July 25.
DuPont shares fell 33 cents to close at $46.07 on the NYSE.
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