BASF closes 80 plants
The 80 plants will be closed for temporarily, and production will be reduced at 100 more.
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Around 20,000 jobs will be affected one way or another, right around the world.
German employment law has protected the jobs of 5,000 by forcing the company to create flexi-time and other concessions in its home market. The same protections are not available in its factories in the USA, China and Malaysia.
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