Johnson Matthey to Cut 2,500 Jobs in Sign of Extended Auto Slump
Johnson Matthey to Cut 2,500 Jobs in Sign of Extended Auto Slump
Johnson Matthey Plc , the world's largest maker of diesel-engine catalysts, plans to cut about 2,500 jobs in a further sign of the damage being caused to suppliers by the virus-led slump.. Pretax profit dropped 38% in the year through March to 305 million pounds, the company said.. Dovish Powell Sees Fed Keeping Foot on Gas Until Jobs Come Back.
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