Friday, October 18, 2024

PPG to lay off 1,800 employees in cost-cut drive, sell coatings unit

In a bold move that's sending ripples through the industrial landscape, PPG Industries is gearing up to lay off 1,800 employees as part of an aggressive cost-cutting strategy. But that's not all—this iconic coatings giant is also looking to sell its coatings unit, signaling a significant shift in its business model. As the company navigates these turbulent waters, what does this mean for its workforce and the broader market? Join us as we delve into the implications of these sweeping changes and explore how PPG's decisions could reshape the future of one of America's leading manufacturers. Buckle up; it's going to be an insightful ride!image

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