Eastman to lay off employees, cites U.S. trade dispute with China

    Eastman Chemical Company.jpg

    Eastman Chemical Company confirmed to News 5 that it will lay off an undisclosed amount of employees, citing the United States-China trade dispute as one of the reasons.

    The company also said the associated economic slowdown in China and Europe has created a lot of uncertainty, and that has reduced demand for its products.

    Eastman also said it will delay employee salary increases where they are not already being implemented, except for operator and mechanic roles. The company did not say how many people are being laid off.

    News In Photos

      Loading ...