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Sabic Innovative Plastics cuts 1,000 jobs globally

Posted: December 13th, 2008 | Author: | Filed under: By Location, Saudi Arabia | No Comments »

Sabic Innovative PlasticsThe plastics subsidiary of Saudi Basic Industries Corp (Sabic) will cut 1,000 jobs from its global operations as part of a plan to reduce costs, a company spokeswoman said.

Sabic Innovative Plastics – with operations in North America, Europe and Asia – will cut jobs mainly from outside its manufacturing division.