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Does PPG Industries have a job cut?

PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business. Pittsburgh-based PPG said Thursday that the job cuts would primarily impact positions in the U.S. and Europe.

Why is ppg laying off 1800 employees?

(AP Photo/Gene J. Puskar, File) NEW YORK (AP) — PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business. Pittsburgh-based PPG said Thursday that the job cuts would primarily impact positions in the U.S. and Europe.

Does PPG Industries have a cost reduction program?

PPG Industries will lay off 1,800 employees in the U.S. and Europe and close various facilities as part of a cost-reduction program, the paints and coatings maker said on Thursday. Shares of the Pittsburgh, Pennsylvania-based company were up 1.3% before the bell.

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