Dutch paint giant Akzonobel slashes 2,000 jobs worldwide [Yahoo! Finance]
AKZO NOBEL N V S/ADR (AKZOY)
US:NASDAQ Investor Relations:
akzonobel.com/for-investors/shares/adr
Company Research
Source: Yahoo! Finance
Chief Executive Greg Poux-Guillaume said the job losses would allow the Dutch company to "become more agile in volatile markets and offset headwinds such as rising labour cost." AkzoNobel has turned in three consecutive quarters of growth but the industry has suffered from rising raw material costs and a slowing global economy. The firm employed 35,200 people in more than 150 countries at the end of last year, according to its most recent annual report. The job-cutting plan aims to reduce cost and enhance efficiency, said Poux-Guillaume, adding it would "accelerate decision-making, and streamline... management structure." The cost-cutting measures are expected to be finalised by the end of next year, said the Amsterdam-based firm. ric/lth Recommended Stories
Show less
Read more
Impact Snapshot
Event Time:
AKZOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AKZOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AKZOY alerts
High impacting AKZO NOBEL N V S/ADR news events
Weekly update
A roundup of the hottest topics
AKZOY
News
- David Prinselaar Joins Air Liquide Executive Committee as Group Vice President, Industrial Direction [Yahoo! Finance]Yahoo! Finance
- A Closer Look At Akzo Nobel N.V.'s (AMS:AKZA) Impressive ROE [Yahoo! Finance]Yahoo! Finance
- Akzo Nobel India Ltd (BOM:500710) Q2 2025 Earnings Call Highlights: Navigating Growth Amidst ... [Yahoo! Finance]Yahoo! Finance
- Akzo Nobel N.V. (AKZOF) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Akzo Nobel N.V. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha