Rohm & Haas cuts 900 jobs
Specialty chemicals maker Rohm & Haas Co. said yesterday that it's cutting about 900 jobs, idling or closing plants and will record $90 million in pretax charges for the fourth quarter as it looks to slash costs in a weakening economy.
Comments Swiss pharmaceutical company Roche will cut 4,800 jobs over two years, mostly in the US, to help save 2.4 billion Swiss francs by 2012, the company said Wednesday.