The chemical producer BASF will be cutting 6,000 jobs worldwide, of which 3,000 jobs in Germany until the end of 2021 due to internal restructuring. Mainly jobs in administration and jobs affected by processes' automation at the plant in Ludwigshafen will be affected. The job reduction is part of a worldwide savings programme which was initiated in November of 2018 with the intention to save up to €300 million annually and increase the operative profit by €2 billion.
The works council criticised BASF for not specifying which work processes will no longer be necessary and it intends to negotiate a new plant agreement for Ludwigshafen. The current agreement excludes collective compulsory redundancies until December 2020.