A Pennsylvania-based paints and coatings maker is laying off about 1,800 employees. PPG Industries, headquartered in Pittsburgh, announced the plans last week. It said the layoffs are an effort to cut ...
PITTSBURGH — 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 ...
a global leader in paints ... auto coatings to other growth areas. This transition could involve additional costs and investments, potentially pressuring margins in the near term. What risks does ...
FILE - The PPG Industries headquarters is seen in downtown Pittsburgh, April 24, 2017. (AP Photo/Gene J. Puskar, File) (Gene J. Puskar, Copyright 2017 The Associated ...
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 ...
The Pittsburgh-based paint and coatings company also said it would lower costs by closing facilities and cutting 1,800 jobs, mostly in the U.S. and Europe. PPG had about 53,000 employees worldwide ...
In summary, while the near-term outlook for PPG's auto-related business remains cautious, the strategic divestiture and the firm's valuation have led BMO Capital to reiterate its positive stance ...