Monday, January 19, 2009

PolyOne to curtail 370 jobs, idle Ontario facility to alleviate downturn

In order to face the severe decline in demand and tide over the economic downturn, PolyOne Corporation will curtail workforce by 370 jobs worldwide (8% of total workforce), and further reduce work schhedules for another 100 to 300 employees, closing its Niagara, Ontario facility and idling certain other capacity.

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